Manager’s confirmation. The written confirmation of the Managers that, throughout the Facility Period unless otherwise agreed by the Lender, they will remain the commercial and technical managers of the Vessel and that they will not, without the prior written consent of the Lender, sub-contract or delegate the commercial or technical management of the Vessel to any third party and confirming in terms acceptable to the Lender that, following the occurrence of an Event of Default, all claims of the Managers against the Borrower shall be subordinated to the claims of the Lender under the Finance Documents.
Manager’s confirmation. The written confirmation of the Managers that, throughout the Facility Period unless otherwise agreed by the Agent, they will remain the commercial and technical managers of the Vessel and that they will not, without the prior written consent of the Agent, sub-contract or delegate the commercial or technical management of the Vessel to any third party.
Manager’s confirmation the Manager has confirmed in writing that the representations and warranties set out in clauses 8.2.9, 8.2.10 and 8.2.11 are true and correct;
Manager’s confirmation the Manager of the relevant Ship has confirmed in writing that the representations and warranties set out in clauses 8.3(e) and 8.3(f) are true and correct;
Manager’s confirmation the Technical Manager has confirmed in writing that the representations and warranties set out in clause 7.1.20 (Environmental Matters) and clause 7.1.21 (ISM Code) are true and correct;
Manager’s confirmation. The written confirmation of any Approved Manager (which is not an Affiliate of Teekay or TGP) that it will not, without the prior written consent of the Agent, sub-contract or delegate the commercial or technical management of the Vessel to any third party that is not Teekay or the Bareboat Charterer or an Affiliate of either Teekay or the Bareboat Charterer and confirming that, following the occurrence of an Event of Default, all claims of such Approved Manager against the Borrower shall be subordinated to the claims of the Finance Parties under the Finance Documents.
Manager’s confirmation. The written confirmation of the Managers (except Seahawk North America) that, throughout the Facility Period unless otherwise agreed by the Agents, they will remain the commercial and technical managers of the Vessels and that they will not, without the prior written consent of the Agents, sub-contract or delegate the commercial or technical management of any Vessel to any third party.
Manager’s confirmation. The written confirmation of the Technical Manager that, throughout the Facility Period unless otherwise agreed by the Agent, it will remain the technical manager of the Vessel and that it will not, without the prior written consent of the Agent, sub-contract or delegate the technical management of the Vessel to any third party and confirming in terms acceptable to the Agent that, following the occurrence of an Event of Default, all claims of the Manager against the Borrower shall be subordinated to the claims of the Finance Parties under the Finance Documents.
Manager’s confirmation. The Manager hereby confirms its approval of the contents of this Agreement, and confirms and agrees that its obligations under the Security Documents to which it is a party shall continue to be in full force and effect and shall extend to cover all sums from time to time owing by the Borrower under the Loan Agreement as supplemented by this Agreement and the other Security Documents.
Manager’s confirmation a confirmation from each Manager in writing that the representations and warranties set out in clause 7.2.9 are true and correct;
