Common use of Sale or Purchase of the Vessel Clause in Contracts

Sale or Purchase of the Vessel. The Managers shall, if requested, provide Owners with technical assistance in connection with any sale of the Vessel. Any costs or out-of-pocket expenses incurred by the Managers in providing such technical assistance shall be paid by or for the account of the Owners. The Owners will, however, be solely responsible for agreeing the terms of any agreement regulating any sale.

Appears in 6 contracts

Samples: Ship Management Agreement (GasLog Partners LP), Ship Management Agreement (GasLog Partners LP), Ship Management Agreement (GasLog Partners LP)

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Sale or Purchase of the Vessel. The Managers shall, if requested, provide the Owners with technical assistance in connection with any sale of the Vessel. Any costs or out-of-pocket expenses incurred by the Managers in providing such technical assistance shall be paid by or for the account of the Owners. The Owners will, however, be solely responsible for agreeing the terms of any agreement regulating any sale.

Appears in 1 contract

Samples: Ship Management Agreement (GasLog Partners LP)

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Sale or Purchase of the Vessel. The Managers shall, if requested, provide Owners with technical assistance in connection with any sale of the Vessel. Any reasonable external costs or out-of-pocket expenses incurred by the Managers in providing such technical technical/legal assistance shall be paid by or for the account of the OwnersOwners provided that the Managers supply the Owners with the appropriate supporting vouchers and/or in other such evidence to such costs and expenses. The Owners will, however, be solely responsible for agreeing the terms of any agreement regulating any salesale of the vessel.

Appears in 1 contract

Samples: Ship Management Agreement (Pyxis Tankers Inc.)

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