Supervision Agreements definition

Supervision Agreements means any agreements (if any) entered or to be entered into between the Parent, as applicable, the Borrower and a Supervisor providing for the construction supervision of the Vessel, the terms and conditions of which shall be in form and substance reasonably satisfactory to the Facility Agent.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Supervision Agreements means any or all of them;

Supervision Agreements means, in relation to each Vessel, the agreement in respect of that Vessel, made or to be made between the Supervisor and the relevant Vessel Owning Company in the agreed form relating to the supervision of construction and plan approval for each of the Vessels.

Examples of Supervision Agreements in a sentence

• SECTION 4.3. The Manager acknowledges that the services it will provide pursuant to the Shipmanagement Agreements or the Supervision Agreements are not limited to the services described in such agreements and include those set forth in this Agreement.

• SECTION 4.3 The Manager acknowledges that the services it will provide pursuant to the Shipmanagement Agreements and the Supervision Agreements are not limited to the services described in such agreements and include those set forth in this Agreement.

• The fee for supervision services payable to the Supervisor pursuant to the Supervision Agreements shall be on a cost basis, flow through of actual expenses incurred by Supervisor to be paid in advance based on budgeted amount with later reconciliation of actual costs.

• Section 1.3 The Manager acknowledges that the services it will provide pursuant to the Shipmanagement Agreements and the Supervision Agreements are not limited to the services described in such agreements and include those set forth in this Agreement.

• This Supervision Agreement follows the supervision standards of Fulda University of Applied Sciences, based on the Recommendations of the German Research Foundation (DFG) on the Drafting of Supervision Agreements.

• SECTION 4.3. The Manager acknowledges that the services it will provide pursuant to the Shipmanagement Agreements and the Supervision Agreements are not limited to the services described in such agreements and include those set forth in this Agreement.

• Section 1.5 For the avoidance of doubt, the Shipmanagement Agreements and Supervision Agreements in effect immediately prior to the Effective Date remain in full force and effect; provided, however, that, in the event of a conflict between a Shipmanagement Agreement or a Supervision Agreement, on the one hand, and this Agreement, on the other hand, this Agreement shall control.

• The aggregate total maximum fees payable for the Construction Project Management Agreements and the Construction Supervision Agreements amounted to RMB214,858,100 (equivalent to approximately HK$255,783,500).

• Accordingly, the transactions contemplated under the Construction Project Management Agreements and the Construction Supervision Agreements constitute connected transactions of the Company under the Listing Rules.

• Nothing in this Addendum is intended or shall be construed to relieve Supervising Physician(s) of ultimate accountability for supervising AHP(s) in accordance with applicable state and federal law, nor to relieve AHP(s) from accountability for practicing within the scope of the Supervision Agreement(s), in accordance with applicable law and professional guidelines, and in accordance with such guidance and direction as Supervising Physician(s) shall set forth.

More Definitions of Supervision Agreements

Supervision Agreements means the Agreements on the Supervision of Existing Projects, dated July 31, 1997, entered into between the Borrower and each of the Concessionaires; and “Supervision Agreement” means either of the Supervision Agreements;