Common use of Trading Restrictions Clause in Contracts

Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause 5(a) (Crew Management), the Owners and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s employment.

Appears in 8 contracts

Samples: Form of Supervision Agreement (Global Ship Lease, Inc.), Management Agreement (Diamond S Shipping Inc.), Technical Management Agreement (Athena Spinco Inc.)

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Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause 5(a) (Crew Management), the Owners and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s 's employment.

Appears in 6 contracts

Samples: DryShips Inc., DryShips Inc., DryShips Inc.

Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause Sub -clause 5(a) (Crew Management), the Owners and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s employment.

Appears in 2 contracts

Samples: Okeanis Eco Tankers Corp., Okeanis Eco Tankers Corp.

Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause 5(a) (Crew Management), the Owners and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s 's employment. 15.

Appears in 1 contract

Samples: Master Agreement (Dynagas LNG Partners LP)

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Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause 5(a) (Crew Management), the Owners will use reasonable efforts to honour any requirement and trading restriction as per contract of employment of the crew provided same do not violate any laws applicable to owner, and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s employment.

Appears in 1 contract

Samples: Master Agreement (Scorpio Tankers Inc.)

Trading Restrictions. If the Managers are providing crew management services in accordance with Sub-clause subclause 5(a) (Crew Management), the Owners and the Managers will, prior to the commencement of this Agreement, agree on any trading restrictions to the Vessel that may result from the terms and conditions of the Crew’s employmentemployment and shall review such trading restrictions if warranted during the period of this Agreement.

Appears in 1 contract

Samples: maritimecyprus.com

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