Common use of Managers’ Right to Sub-Contract 318 Clause in Contracts

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe Managers shall not have the right to sub-contract any of their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded to. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324

Appears in 3 contracts

Samples: Of Agreement (Costamare Partners LP), Costamare Partners LP, Costamare Partners LP

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Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not have the right to sub-contract any of 319 their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324324 11. Responsibilities 325

Appears in 2 contracts

Samples: Ship Management Agreement (KNOT Offshore Partners LP), Management Agreement (DryShips Inc.)

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not have the right to sub-contract any of 319 their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324

Appears in 2 contracts

Samples: Global Ship Lease, Inc., Global Ship Lease, Inc.

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not net-have the right to sub-contract any of 319 their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324324 11. Responsibilities 325

Appears in 1 contract

Samples: Management Agreement (DryShips Inc.)

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not have the right to sub-contract any of their obligations hereunder, including those mentioned in sub- 320 sub-clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 sub-contract the Managers shall remain fully liable for the due 319 320 321 322 323 performance of their obligations under this Agreement. 324324 11. Responsibilities 325

Appears in 1 contract

Samples: Ship Management Agreement (KNOT Offshore Partners LP)

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe Managers shall not have the right to sub-contract any of their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly 322 responded to. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324

Appears in 1 contract

Samples: Management Agreement (Costamare Inc.)

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Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not have the right to sub-contract any of 319 their obligations hereunder, including those mentioned in sub- 320 clause 3.1, 3.1 without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 contract the sub-managers Managers shall remain be fully liable for the due 323 performance of their obligations towards the Owners under this Agreement. 324324 11.Responsibilities 325

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s Owners’ consent for doing so), Tthe Managers shall not have the right to sub-contract any of their obligations hereunder, including those mentioned in sub- 320 clause 3.1, without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly 322 responded to. In the event of such a sub- 322 contract the Managers shall remain fully liable for the due 323 performance of their obligations under this Agreement. 324

Appears in 1 contract

Samples: Costamare Partners LP

Managers’ Right to Sub-Contract 318. Except to a Related Manager (where the Manager may 319 subcontract any of their obligations hereunder, without need of obtaining the Owner’s consent for doing so), Tthe The Managers shall not have the right to sub-contract any of 319 their obligations hereunder, including those mentioned in sub- 320 clause 3.1, 3.1 without the prior written consent of the Owners which 321 shall not be unreasonably withheld and which shall be promptly responded towithheld. In the event of such a sub- 322 contract the sub-managers Managers shall remain be fully liable for the due 323 performance of their obligations towards the Owners under this Agreement. 324

Appears in 1 contract

Samples: United Maritime Corp

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