Containership Business definition

Containership Business means the business of chartering or re-chartering Containerships to others and any other lawful act or activity customarily conducted in conjunction therewith.
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Examples of Containership Business in a sentence

  • Except as specifically set forth in Section 10 of this Agreement, this Agreement and the engagement of the Manager hereunder may not be terminated by the Company, which acknowledges that the Manager and its affiliates have an on-going interest in the Company, its Containership Business and the agency relationship created by this Agreement.

  • The Company shall not appoint other managers with respect to the Vessels or the Containership Business during the Term, except in circumstances in which it is necessary to do so in order to comply with Applicable Law or as otherwise agreed by the Manager in writing.

  • Section 18.9.1 The salary schedule in Appendix B shall be utilized for the purpose of placement of new employees and any reclassification.

  • The Company may not appoint other managers with respect to the Vessels or the Containership Business during the Term, except in circumstances in which it is necessary to do so in order to comply with Applicable Law or as otherwise agreed by the Manager in writing.