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

Managers’ Right to Sub-Contract. The Managers shall have the right to sub-contract any of their obligations hereunder and may (i) freely assign any obligations hereunder to any affiliate of the Managers at any time and (ii) utilize the services of third parties to fulfill the Managers’ obligations hereunder. In the event of such a sub-contract the Managers shall remain fully liable for the due performance of their obligations under this Agreement.

Appears in 2 contracts

Samples: Management Agreement (OSG America L.P.), Ship Management Agreement (OSG America L.P.)

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Managers’ Right to Sub-Contract. The Managers shall have the right to sub-contract any of their obligations hereunder hereunder, including those mentioned in sub-clause 3.1 and may (i) freely assign any obligations hereunder to any affiliate of the Managers at any time and (ii) utilize the services of third parties to fulfill the Managers’ obligations hereunder4.2. In the event of such a sub-contract the Managers shall remain fully liable for the due performance of their obligations under this Agreement.

Appears in 1 contract

Samples: Management Agreement (Arlington Tankers Ltd.)

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Managers’ Right to Sub-Contract. 10.1 The Managers shall have the right to sub-contract to a qualified first class provider of the services to be sub-contracted any of part (but not the whole) of their obligations hereunder and may (i) freely assign any obligations hereunder to any affiliate of the Managers at any time and (ii) utilize the services of third parties to fulfill the Managers’ obligations hereunder. In , including those mentioned in sub-clause 3.1 provided that, in the event of such a sub-contract the Managers shall remain fully liable for the due performance of their obligations under this Agreement.

Appears in 1 contract

Samples: Golden Energy Marine Corp.

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