Common use of Ownership of Advisor and Ship Manager Clause in Contracts

Ownership of Advisor and Ship Manager. For the Term, the Manager shall not transfer, sell or dispose of its interest in or otherwise relinquish Control of the Advisor or the Ship Manager, and the Ship Manager shall not transfer, sell or dispose of its interest in or otherwise relinquish Control of the Crew Manager.

Appears in 3 contracts

Samples: Management Agreement, Management Agreement (Seaspan CORP), Management Agreement (Seaspan CORP)

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Ownership of Advisor and Ship Manager. For the Term, the Manager shall will not transfer, sell or dispose of its interest in or otherwise relinquish Control of the Advisor or the Ship Manager, and the Ship Manager shall will not transfer, sell or dispose of its interest in or otherwise relinquish Control of the Crew Manager.

Appears in 2 contracts

Samples: Management Agreement (Seaspan CORP), Management Agreement (Seaspan CORP)

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