Termination by the Manager. This Agreement may be terminated by the Manager: (a) after the fifth anniversary of the Public Offering, with twelve (12) months’ notice by the Manager to the Company; or (b) if, at any time, the Company materially breaches the Agreement and the matter is unresolved after ninety (90) days pursuant to the Dispute Resolution in Section 11 (“Company Breach”).
Appears in 5 contracts
Samples: Management Agreement, Management Agreement (Seaspan CORP), Management Agreement (Seaspan CORP)
Termination by the Manager. This Agreement may be terminated by the Manager:
(a) after the fifth anniversary of the Public Offering, with twelve (12) months’ prior notice by the Manager to the Company; or
(b) if, at any time, the Company materially breaches the Agreement and the matter is unresolved after ninety (90) days pursuant to the Dispute Resolution dispute resolution procedures set forth in Section 11 (“Company Breach”).
Appears in 2 contracts
Samples: Management Agreement (Teekay Tankers Ltd.), Management Agreement (Teekay Tankers Ltd.)
Termination by the Manager. This Agreement may be terminated by the Manager:
(a) after the fifth anniversary of the Public Offering, with twelve (12) months’ ' prior notice by the Manager to the Company; or
(b) if, at any time, the Company materially breaches the Agreement and the matter is unresolved after ninety (90) days pursuant to the Dispute Resolution dispute resolution procedures set forth in Section 11 (“Company Breach”).
Appears in 1 contract
