Change of Approved Ship Manager. If, in accordance with the terms of this Agreement, there is a change of Approved Ship Manager, Approved Sub-Manager or the appointment of an Approved Sub-Manager, the Borrower owning the relevant Ship shall:
Appears in 2 contracts
Samples: Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.)
Change of Approved Ship Manager. If, in accordance with the terms of this Agreement, there is a change of Approved Ship Manager, Approved Sub-Manager or the appointment of an Approved Sub-Manager, the Borrower owning the relevant Ship shallshall or shall procure that:
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)