Approved Technical Manager definition

Approved Technical Manager means any reputable management company appointed by the Charterers with the prior written consent of the Owners for the technical management of the Vessel.

Approved Technical Manager means in relation to a Ship, Univan Ship Management Ltd, Xxxxx Ship Management Pte. Ltd. and RY Corporation or any other person approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders, as the technical manager of that Ship.

Approved Technical Manager in relation to a Collateral Ship, any Debtor or any other person approved in writing by the Agent as the technical manager of that Collateral Ship.

Examples of Approved Technical Manager in a sentence

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• Approved Technical Manager means, in relation to a Ship, a Subsidiary of the Facility Guarantor, Dorian (Hellas) S.A., or any other manager acceptable to the Administrative Agent (acting with the instructions of the Required Lenders), provided that no change of technical management shall be permitted without the prior written consent of the Required Lenders, such consent not to be unreasonably withheld or delayed.

• The technical management of each Ship shall be carried out by an Approved Technical Manager and the commercial management of each Ship shall be carried out by an Approved Commercial Manager.

• The quality of workmanship and materials used to repair each Ship or replace any damaged, worn or lost parts or equipment in the reasonable estimation of the Approved Technical Manager shall be sufficient to ensure that such Ship's value is not reduced.

More Definitions of Approved Technical Manager

Approved Technical Manager means, in relation to a Ship, as at the date of this Agreement, Kyklades Maritime Corporation, a corporation incorporated in the Republic of Liberia whose registered address is at 80 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx of Liberia or any other person approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders (in their sole discretion) as the technical manager of that Ship.

Approved Technical Manager means Tecto NV, a Belgian company having its registered office at Xx Xxxxxxxxxxxx 00, 0000 Xxxxxxxxx, Xxxxxxx;

Approved Technical Manager means SSM, Zenith A.S. or any other reputable technical manager proposed by the Borrower which the Agent, with the consent of the Required Lenders may reasonably approve from time to time as technical manager of a Collateral Vessel;

Approved Technical Manager means, in relation to a Ship, Anglo Ardmore Ship Management Limited or an Affiliate of Anglo Ardmore Ship Management Limited, Anglo-Eastern Investment Holdings Ltd or an Affiliate of Anglo-Eastern Investment Holdings Ltd, Xxxxx Ship Management Pte. Ltd. or an Affiliate of Xxxxx Ship Management Pte. Ltd., Ardmore Shipping (Bermuda) Limited, a Subsidiary or an Affiliate of Ardmore Shipping (Bermuda) Limited, or any other person agreed between the Borrowers and the Majority Lenders.

Approved Technical Manager means, with respect to a Collateral Vessel, the technical managers set forth under the heading “Technical Manager” on Schedule III, or any other reputable company experienced in technical and commercial ship management selected by the Borrower and reasonably acceptable to the Required Lenders.

Approved Technical Manager in relation to a Ship, Dorian (Hellas) S.A. a company organised and existing under the laws of Panama and having a place of business at 102-104 Xxxxxxxxxxx Xxxxxx, 000 00 Xxxxxxx, Xxxxxx or Dorian Management LPG Corp., a corporation organised and existing under the laws of the Xxxxxxxx Islands and having a place of business at 102-104 Xxxxxxxxxxx Xxxxxx, 000 00 Xxxxxxx, Xxxxxx or any other person approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders, as the technical manager of that Ship such approval not to be unreasonably withheld or delayed.

Approved Technical Manager means, in relation to a Ship, Technomar Shipping Inc., a corporation incorporated in the Republic of Liberia whose registered office is at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx and with management office at 0-0 Xxxxxxxxx Xxxxxx, Xxxxxxxx 000 00, Xxxxxx, Xxxxxx or any other person approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders as the technical manager of that Ship.