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 9 contracts

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

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Assistance with Sale of Vessel. 3.10 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 2 contracts

Samples: Ship Management Agreement (Omega Navigation Enterprises, Inc.), Management Agreement (Eagle Bulk Shipping Inc.)

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