Definition of Technical Management Agreement


Technical Management Agreement means any technical management agreement made between the Technical Manager and a Borrower for the technical management of a Vessel.
Sample 1 Sample 2 Sample 3

Examples of Technical Management Agreement in a sentence

The Time Charter, Technical Management Agreement, Commercial Management Agreement, Sub-COA, and COA are in full force and effect, to the knowledge of the Credit Parties no parties thereto are in default thereunder, and no such contracts have been assigned, assumed, amended, renewed, replaced, or otherwise modified.
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.
The Time Charter, Sub-Time Charter, Cargill Charter, Technical Management Agreement, and Commercial Management Agreement are in full force and effect, to the knowledge of the Credit Parties no parties thereto are in default thereunder, and no such contracts have been assigned, assumed, amended, supplemented, renewed, restated, replaced, or otherwise modified.
Any third party Technical Manager shall be an entity recognized generally as a first class technical manager, and the terms of any Technical Management Agreement shall be on standard market terms.
The Time Charter, Sub-Time Charter, ED & F Charter, Technical Management Agreement, and Commercial Management Agreement are in full force and effect, to the knowledge of the Credit Parties no parties thereto are in default thereunder, and no such contracts have been assigned, assumed, amended, supplemented, renewed, restated, replaced, or otherwise modified.