General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed in a timely manner of any incident of which the Managers become aware which gives or may give rise to delay to the Vessel or claims or disputes involving third parties.
Appears in 17 contracts
Samples: Maintenance Agreement, Master Agreement, maritimecyprus.com
General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed in a timely manner of any incident of which the Managers become aware which gives or may give rise to a material delay to the Vessel or material claims or disputes involving third parties. Without derogating from the foregoing, the Managers shall present the Owners with a report at least every six (6) months identifying all claims arising in or outstanding in such period, settlement and resolution status, and actions taken with respect thereto.
Appears in 4 contracts
Samples: Form of Supervision Agreement (Global Ship Lease, Inc.), Global Ship Lease, Inc., Global Ship Lease, Inc.
General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed Companyinformed in a timely manner of any incident of which the Managers become aware which gives or may give rise to delay to the Vessel or claims or disputes involving third partiesparties .
Appears in 2 contracts
Samples: Okeanis Eco Tankers Corp., Okeanis Eco Tankers Corp.
General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed in a timely manner of any incident of which the Managers become aware which gives or may give rise to delay to the Vessel or claims or disputes involving third partiesparties and which individually are reasonably estimated to be in excess of US$15,000.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement (Scorpio Tankers Inc.)
General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed in a timely manner of any incident of which the Managers become aware which gives or may give rise to a material delay to the Vessel or material claims or disputes involving third parties.
Appears in 2 contracts
General Administration. (a) The Managers shall keep the Owners and, if appropriate, the Company informed in a timely manner of any incident of which the Managers become aware which gives or may give rise to material delay to the Vessel or material claims or disputes involving third parties.
Appears in 1 contract
Samples: Poseidon Containers Holdings Corp.
