Common use of Management of monies Clause in Contracts

Management of monies. The Owner shall be responsible, and undertakes to have the necessary amounts available for all expenses relating to the operations of the Vessel. The Manager shall ensure that all monies under disposal on Owner's accounts are kept in separate accounts of and in the name of the Owner with a bank acceptable to the Owner and shall ensure that all monies are employed only to meet the expenses and disbursements as set out in this Agreement. The Manager shall ensure that the Owner's funds are managed efficiently, including but not limited to deposits on bank accounts, term deposits with banks and intercompany lending (i.e. with other Group Companies).

Management of monies. The Owner shall be responsible, and undertakes to have the necessary amounts available for all expenses relating to the operations of the Vessel. The Manager shall ensure that all monies under disposal on Owner's accounts are kept in separate accounts of and in the name of the Owner with a bank acceptable to the Owner and shall shalt ensure that all monies are employed only to meet the expenses and disbursements as set out in this Agreement. The Manager shall ensure that the Owner's funds are managed efficiently, including but not limited to deposits on bank accounts, term deposits with banks and intercompany lending (i.e. with other Group Companies).,

Management of monies. The Owner shall be responsible, and undertakes to have the necessary amounts available for all expenses relating to the operations of the Vessel. The Manager shall ensure that all monies under disposal on Owner's accounts are kept in separate accounts of and in the name of the Owner with a bank acceptable to the Owner and shall ensure that all monies are employed only to meet the expenses and disbursements as set out in this Agreement. The Manager shall ensure that the Owner's funds are managed efficiently, including but not limited to deposits on bank accounts, term deposits with banks and intercompany lending (i.e. i.e., with other Group Companies).

Management of monies. The Owner shall be responsible, and undertakes to have the necessary amounts available for all expenses relating to the operations of the Vessel. The Manager shall ensure that all monies under disposal on Owner's accounts are kept in separate accounts of and in the name of the Owner with a bank acceptable to the Owner and shall ensure that all monies are employed only to meet the expenses and disbursements as set out in this Agreement. The Manager shall ensure that the Owner's funds are managed efficiently, including but not limited limned to deposits on bank accounts, term deposits with banks and intercompany lending (i.e. i.e., with other Group Companies).

Management of monies. The Owner shall be responsible, and undertakes to have the necessary amounts available for all expenses relating to the operations of the Vessel. The Manager shall ensure that all monies under disposal on Owner's accounts are kept in separate accounts of and in the name of the Owner with a bank acceptable to the Owner and shall ensure that all monies are employed only to meet the expenses and disbursements as set out in this Agreement. The Manager shall ensure that the Owner's funds are managed efficiently, including but not limited limited. to deposits on bank accounts, term deposits with banks and intercompany lending (i.e. with other Group Companies).