Common use of Assistance with Sale of Vessel Clause in Contracts

Assistance with Sale of Vessel. The Managers shall, if requested, provide Owners with technical assistance in connection with any sale of the Vessel. The Managers will, if requested in writing by the Owners, comment on the terms of any proposed Memorandum of Agreement, but the Owners will remain solely responsible for agreeing the terms of any Memorandum of Agreement regulating any sale.

Appears in 12 contracts

Samples: Ship Technical Management Agreement (United Maritime Corp), Ship Technical Management Agreement (Seanergy Maritime Holdings Corp.), Ship Technical Management Agreement (Seanergy Maritime Holdings Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!