Common use of Effects of Transfer Clause in Contracts

Effects of Transfer. This Agreement shall, subject to Section 6.02 , be binding upon, and inure to the benefit of, any successor of the Company; provided, however, that for the avoidance of doubt, if the Company effects a Transfer of any assets of the Company, including Vessel Assets, and this Agreement does not continue as to such assets, the Company will pay to the Manager the aggregate amount of any accrued but unpaid Transaction Fees attributable to such assets.

Appears in 2 contracts

Samples: Transaction Services Agreement (Seaspan CORP), Transaction Services Agreement (Seaspan CORP)

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Effects of Transfer. This Agreement shall, subject to Section 6.02 6.02, be binding upon, and inure to the benefit of, any successor of the Company; provided, however, that for the avoidance of doubt, if the Company effects a Transfer of any assets of the Company, including Vessel Assets, and this Agreement does not continue as to such assets, the Company will pay to the Manager the aggregate amount of any accrued but unpaid Transaction Financing Fees attributable to such assets.

Appears in 1 contract

Samples: Financial Services Agreement (Seaspan CORP)

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Effects of Transfer. This Agreement shall, subject to Section 6.02 6.02, be binding upon, and inure to the benefit of, any successor of the Company; provided, however, that for the avoidance of doubt, if the Company effects a Transfer of any assets of the Company, including Vessel Assets, and if this Agreement does not continue as to such assets, then the Company will pay to the Manager the aggregate amount of any accrued but unpaid Transaction Financing Fees attributable to such assets.

Appears in 1 contract

Samples: Financial Services Agreement (Seaspan CORP)

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