Common use of Liability of the Manager Clause in Contracts

Liability of the Manager. The Manager shall not be liable whatsoever to the Company for any loss, damage, delay or expense of whatsoever nature, whether direct or indirect, (including but not limited to loss of profit arising out of or in connection with arrest, detention of or delay to any Vessel) and arising from the Management Services unless and to the extent that such loss, damage, delay or expense resulted from:

Appears in 14 contracts

Samples: Management Agreement, Management Agreement, Management Agreement (Seaspan CORP)

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Liability of the Manager. The Manager shall not be liable whatsoever to the Company for any loss, damage, delay or expense of whatsoever nature, whether direct or indirect, Loss (including but not limited to loss of profit arising out of or in connection with arrest, detention of or delay to any Vessel) and arising from the Management Services unless and to the extent that such loss, damage, delay or expense Loss resulted from:

Appears in 7 contracts

Samples: Management Agreement (Teekay Tankers Ltd.), Noncompetition Agreement (Teekay Tankers Ltd.), Management Agreement (Genco Shipping & Trading LTD)

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Liability of the Manager. The Manager shall not be liable whatsoever to the Company for any losslosses, damageexpenses, delay claims, costs, liabilities or expense damages or delays of whatsoever nature, whether direct or indirect, (including including, but not limited to to, loss of profit arising out of or in connection with arrestconsequential, detention of special or delay to any Vesselpunitive damages) and arising from the Management Services unless and to the extent that such loss, damage, delay or expense resulted from:

Appears in 2 contracts

Samples: Management Agreement (Energy Infrastructure Merger CORP), Management Agreement (Energy Infrastructure Merger CORP)

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