Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 22, the “relevant date” is one year after the date of termination, for whatever reason, of this Agreement.
Appears in 6 contracts
Samples: Management Agreement (United Maritime Corp), Novation Agreement (Seanergy Maritime Holdings Corp.), Master Agreement
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 22, the “"relevant date” " is one year after the date of termination, for whatever reason, of this Agreement.
Appears in 2 contracts
Samples: Management Agreement (Nordic American Offshore Ltd.), Seanergy Maritime Holdings Corp.
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 18 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 2220, the “relevant date” is one year after the date of termination, for whatever reason, of this Agreement.
Appears in 2 contracts
Samples: Ship Management Agreement (Omega Navigation Enterprises, Inc.), Management Agreement (Eagle Bulk Shipping Inc.)
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated set forth in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 11 prior to the expiry of six three (63) months after from the relevant date. For the purposes of this Clause 2213, the “relevant date” is one year six (6) months after the date of termination, for whatever reason, of this Agreement.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Marathon Acquisition Corp.), Transitional Services Agreement (Global Ship Lease, Inc.)
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel Vessels (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated set forth in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 14 prior to the expiry of six (6) three months after the relevant date. For the purposes of this Clause 2216, the “"relevant date” " is one year three months after the date of termination, for whatever reason, of this Agreement.
Appears in 1 contract
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 22, the “"relevant date” " is one year after the date of termination, for whatever reason, of this Agreement.. Ship Technical Management Agreement OWNERS MANAGERS
Appears in 1 contract
Samples: Seanergy Maritime Holdings Corp.
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel Vessels (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated set forth in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 14 prior to the expiry of six (6) three months after the relevant date. For the purposes of this Clause 2216, the “relevant date” is one year three months after the date of termination, for whatever reason, of this Agreement.
Appears in 1 contract
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 22, the “relevant date” is one year after the date of termination, for whatever reason, of this Agreement.. Ship Technical Management Agreement OWNERS MANAGER
Appears in 1 contract
Samples: Seanergy Maritime Holdings Corp.
Time Limit for Claims. Any and all liabilities of either party to the other arising under this Agreement or otherwise in relation to the Vessel (except in the case of fraud) shall be deemed to be waived and absolutely barred on the relevant date unless prior to the relevant date written particulars of any claim (giving details of the alleged breach in respect of which such claim is made and a preliminary statement of the amount claimed) have been intimated in writing by the claimant by the relevant date, and any such claim shall be deemed (if it has not previously been satisfied, settled or withdrawn) to have been withdrawn unless arbitration proceedings have been commenced under Clause 20 prior to the expiry of six (6) months after the relevant date. For the purposes of this Clause 22, the “"relevant date” " is one year after the date of termination, for whatever reason, of this Agreement. 23.
Appears in 1 contract
Samples: Seanergy Maritime Holdings Corp.