MTM Ship Management definition

MTM Ship Management means M.T.M. Ship Management Pte. Ltd, a Singapore private limited company and M.T.M. Ship Management (India) Pte. Ltd, an Indian private limited company and any successor technical ship management company thereto that is a wholly-owned direct or indirect subsidiary of Seller.
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Examples of MTM Ship Management in a sentence

  • At or prior to the Closing, (a) Parent and Seller shall execute and deliver the investor and registration rights agreement attached hereto as Exhibit D (the “Investor and Registration Rights Agreement”), and (b) Parent and MTM Ship Management shall execute and deliver one or more technical management agreements in respect of each Company Vessel reflecting the terms set forth on Exhibit E (the “Technical Management Agreement”).

  • Seller shall cause MTM Ship Management to provide Parent a drydock specification and budget with respect to such Company Vessel.

  • Any Pre-Closing Vessel Damages will be handled by Seller through a direct engagement with MTM Ship Management, pursuant to which Seller will be entitled (and cause) to receive any proceeds from any insurance policy of MTM Ship Management that covers such Pre-Closing Vessel Damages, net of any deductible.