Management of Vessel. With effect from the Delivery Date, the Borrower shall ensure that the Vessel is at all times technically and commercially managed by the Operator in accordance with good industry standards.
Appears in 4 contracts
Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement
Management of Vessel. With effect from the Delivery Date, the The Borrower shall ensure that the Vessel is at all times technically and commercially managed by the Operator Manager in accordance with good industry standards.
Appears in 2 contracts
Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement
Management of Vessel. With effect from the Delivery Date, the The Borrower shall ensure that the Vessel is at all times technically and commercially managed by the Operator in accordance with good industry standards.
Appears in 1 contract