Common use of Technical Vessel Management Services Clause in Contracts

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services with respect to the operation of that Vessel, including but not limited to: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c)), and the Manager shall provide the Company with a description of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel on behalf of the Company as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each Vessel while in ports or transiting canals either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing or causing to be issued to shippers the customary freight contract, cargo receipts and/or bills of lading unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each Vessel from loading and discharging ports in accordance with the Charterer’s instructions and for transit through canals; (k) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel; (l) paying all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by the Company, the prompt reporting to the Company of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws; (o) if the Company requests, providing the Company with a copy of any vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and insurers; and (p) arranging and paying for any and all material licenses, permits, franchises, registrations and similar authorizations of any Governmental Authority which are necessary and used in the operation of the Vessels; (which together comprise the “Technical Vessel Management Services”).

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary Vessel technical vessel management services with respect to the operation of that such Vessel, including but not limited tothe following: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, for and supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c)), and 9.2) for the Manager shall provide the Company with a description operation of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel on behalf of the relevant Company Group Member as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each the Vessel while in ports or transiting canals canals, either directly or by use of vessel Vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel Vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each the Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing (or causing to be issued issued) to shippers the customary freight contractcontracts, cargo receipts and/or and bills of lading lading, unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with relating to the loading and discharging of cargoes at all ports ports, unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each the Vessel from loading and discharging ports in accordance with the Charterer’s instructions of the Charterer and for transit through canals; (k) subject to Section 4.5(b), arranging for employment of counsel and the investigation, follow-up and negotiating negotiation of the settlement of all claims arising in connection with the operation of each the Vessel; (l) paying coordinating the Company’s payment of all ordinary charges incurred in connection with the management of each the Vessel, including, but not limited to, all including canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) ), unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by promptly upon the Company’s request, the prompt reporting to the Company of each the Vessel’s movement, position at sea, arrival and departure dates, and major casualties and damages received or caused by each the Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws; (o) if upon the Company requestsCompany’s request, providing the Company with a copy of any vessel Vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and or insurers; and (p) arranging and paying for any and all material licenses, permits, franchises, registrations and similar authorizations of any Governmental Authority which that are necessary and used in the operation of the Vessels; Vessel, the cost of which shall be paid directly by the Company (which together comprise each a “License” and, collectively, the “Technical Vessel Management ServicesLicenses”).

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services with respect to the operation of that Vessel, including but not limited to: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall will provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) in the case of an IPO Vessel, prior to the delivery of such Vessel to the Company, and in the case of all Vessels, during the term of the Agreement, purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c9.2(c)), and the Manager shall will provide the Company with a description of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel on behalf of the Company as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each Vessel while in ports or transiting canals either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing or causing to be issued to shippers the customary freight contract, cargo receipts and/or bills of lading unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each Vessel from loading and discharging ports in accordance with the Charterer’s instructions and for transit through canals; (k) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel; (l) paying all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by the Company, the prompt reporting to the Company of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws; (o) if the Company requests, providing the Company with a copy of any vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and insurers; and (p) arranging and paying for any and all material licenses, permits, franchises, registrations and similar authorizations of any Governmental Authority which are necessary and used in the operation of the VesselsVessels (each a “License” and collectively, the “Licenses”); (which together together, comprise the “Technical Vessel Management Services”).

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services with respect to the operation of that such Vessel, including but not limited tothe following: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c)), and 9.2) for the Manager shall provide the Company with a description operation of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel on behalf of the relevant Company Group Member as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each the Vessel while in ports or transiting canals canals, either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each the Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing (or causing to be issued issued) to shippers the customary freight contractcontracts, cargo receipts and/or and bills of lading lading, unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with relating to the loading and discharging of cargoes at all ports ports, unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each the Vessel from loading and discharging ports in accordance with the Charterer’s instructions of the Charterer and for transit through canals; (k) subject to Section 4.5(b), arranging for employment of counsel and the investigation, follow-up and negotiating negotiation of the settlement of all claims arising in connection with the operation of each the Vessel; (l) paying all ordinary charges incurred in connection with the management of each the Vessel, including, but not limited to, all including canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) ), unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by promptly upon the Company’s request, the prompt reporting to the Company of each the Vessel’s movement, position at sea, arrival and departure dates, and major casualties and damages received or caused by each the Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws; (o) if upon the Company requestsCompany’s request, providing the Company with a copy of any vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and or insurers; and (p) arranging and paying for any and all material licenses, permits, franchises, registrations and similar authorizations of any Governmental Authority which that are necessary and used in the operation of the Vessels; Vessel (which together comprise each a “License” and, collectively, the “Technical Vessel Management ServicesLicenses”).

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services with respect to the operation of that Vessel, including but not limited to: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c)), and the Manager shall provide the Company with a description of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel on behalf of the Company as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each Vessel while in ports or transiting canals either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing or causing to be issued to shippers the customary freight contract, cargo receipts and/or bills of lading unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each Vessel from loading and discharging ports in accordance with the Charterer’s instructions and for transit through canals; (k) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel; (l) paying all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) unless otherwise paid by the Charterer; ; (m) in such form and on such terms as may be requested by the Company, the prompt reporting to the Company of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws; (o) if the Company requests, providing the Company with a copy of any vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and insurers; and (p) arranging and paying for any and all material licenses, permits, franchises, registrations and similar authorizations of any Governmental Authority which are necessary and used in the operation of the Vessels; (which together comprise the “Technical Vessel Management Services”).

Technical Vessel Management Services. Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services with respect to the operation of that Vessel, including but not limited to: (a) supervising the day-to-day operation, maintenance, safety and general efficiency of the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and paying for general and routine repairs, alterations and maintenance of the Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (c) purchasing the necessary stores, spares, lubricating oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c9.2(c)), and ) for the Manager shall provide the Company with a description of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing such surveyors, supervisors, technical consultants and other support for the Vessel Vessel, and on behalf of the Company Company, as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each Vessel while in ports or transiting canals either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing or causing to be issued to shippers the customary freight contract, cargo receipts and/or bills of lading unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each Vessel from loading and discharging ports in accordance with the Charterer’s instructions and for transit through canals; (k) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel; (l) paying all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any Governmental Authority with respect to the Crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel or the Company) unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by the Company, the prompt reporting to the Company of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (n) informing the Company promptly of any major release or discharge of oil or other hazardous material not in compliance with Applicable Laws;; and (o) if the Company requests, providing the Company with a copy of any vessel inspection reports, valuations, surveys, insurance claims and other similar reports prepared by ship brokers, valuators, surveyors, classification societies and insurers; and (p) arranging and paying for any and all material licensestogether, permits, franchises, registrations and similar authorizations of any Governmental Authority which are necessary and used in the operation of the Vessels; (which together comprise the “Technical Vessel Management Services”).