Technical Management Agreements definition

Technical Management Agreements means, collectively, all of the technical ship management agreements with respect to the relevant Collateral Vessels and entered into with the relevant Technical Manager, each as in effect on the date hereof and without giving effect to any amendments, restatements, supplements or other modifications thereto and any other technical ship management agreement entered into in substitution of any thereof and meeting the requirements of Section 8.14(b).

Technical Management Agreements means the agreements for the technical management of the Vessels made or to be made between each Collateral Owner respectively and the Technical Manager and "Technical Management Agreement" means any one of them.

Technical Management Agreements means, collectively, all of the technical ship management agreements with respect to the relevant Collateral Vessels and entered into with the relevant Technical Manager, each as in effect on the date hereof and without giving effect to any amendments, restatements, supplements or other modifications thereto and any other technical ship management agreement entered into in substitution of any thereof and meeting the requirements of Section 8.12 .

Examples of Technical Management Agreements in a sentence

• Should there be any inconsistencies or contradictions between terms of this Agreement and any of the Technical Management Agreements and/or the Commercial Management Agreement, the provisions of this Agreement shall prevail.

• This Agreement, the Technical Management Agreements and the Commercial Management Agreement constitute the entire agreement and understanding between the Parties with respect to the subject matter of this Agreement and (in relation to such subject matter) supersedes and replaces all prior understandings and agreements, written or oral, between the parties.

• In addition, DSSI and/or Newco shall reimburse CSM for all of the reasonable and documented direct and indirect costs, liabilities, legal expenses and other expenses incurred by CSM and any Sub-Manager in providing the Technical Management Services, not covered by the fee set out in (i) above as more fully set out in the Technical Management Agreements.

• In the event that the Technical Management Agreements are terminated by the ship-owning subsidiaries other than by reason of default by Pavimar, a termination fee equal to four times the total amount of the daily management fee calculated on an annual basis shall be payable from the ship-owning subsidiaries to Pavimar.

• In addition, DSSI or its designee (including Newco) shall reimburse CSM for all of the reasonable and documented direct and indirect costs, liabilities, legal expenses and other expenses incurred by CSM and any Sub-Manager in providing the Technical Management Services, not covered by the fee set out in (i) above as more fully set out in the Technical Management Agreements.

More Definitions of Technical Management Agreements

Technical Management Agreements means any internal service agreement related to the operation and technical management of a vessel (including but not limited to a vessel in lay-up or at a yard) when an Internal Charter is not in place (as entered into, amended and/or terminated from time to time) entered into between relevant Group Companies.

Technical Management Agreements means each Technical Management Services Agreement to be entered into between a Vessel Owner and CSM, the form of which is annexed hereto as Exhibit B to this Agreement;

Technical Management Agreements means the Genel Management Agreements, and any other technical ship management agreement entered into in substitution of any thereof meeting the requirements of Section 5.01(q)(iv).

Technical Management Agreements means the agreement made or to be made between the relevant Owning Company and the Technical Manager for the technical management of the Vessels.

Technical Management Agreements has the meaning specified in Section 3.01(a)(iv)(C).

Technical Management Agreements means any or all of them;

Technical Management Agreements means the agreement made or to be made between the relevant Borrower and the Technical Manager for the technical management of the First Vessels. “Technical Manager” means V-Ships Management Limited, Eaglehurst, Belmont Hill, Douglas, Isle of Man or the Commercial Manager (in its capacity as technical manager). “Total Commitments” means the aggregate of the Total Facility A Commitments and the Total Facility B Commitments, being USD 138,100,000 at the date of this Agreement. “Total Facility A Commitments” means the aggregate of the Facility A Commitments, being USD 122,100,000 at the date of this Agreement. “Total Facility B Commitments” means the aggregate of the Facility B Commitments, being USD 16,000,000 at the date of this Agreement. “Total Loss” means, in relation to any of the First Vessels: a) the actual, constructive, compromised, agreed, arranged or other total loss of such First Vessel;