Definition of Technical Management Agreement

  1. Technical Management Agreement means any technical management agreement made between the Technical Manager and a Borrower for the technical management of a Vessel.

Examples of Technical Management Agreement in a sentence

  1. None of the Time Charter, Technical Management Agreement, Commercial Management Agreement, Sub-COA, and COA have been assigned, assumed, amended, renewed, replaced, or otherwise modified.
  2. (b) The Borrower or relevant Collateral Vessel Owner party to any Technical Management Agreement or charter will not agree to any amendments thereto or grant any waiver thereunder, in each case, which would be materially adverse to the interests of the Lenders, without the consent of the Administrative Agent.

Definition of Technical Management Agreement in Guaranty Agreement

Technical Management Agreement means any technical management agreement made between the Technical Manager and a Borrower for the technical management of a Vessel.