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, 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 .

Technical Management Agreements means the technical management agreements in the Agreed Form to be entered into between the Technical Manager and each of the Owners pursuant to which the Technical Manager shall be appointed to provide technical ship management services to each of the Owners with respect to the Vessel owned by it, as set out in Schedule 7;

Examples of Technical Management Agreements in a sentence

• 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.

• Pursuant to the Technical Management Agreements, effective September 1, 2020, Pavimar provides the Company’s shipowning subsidiaries with the range of technical, crewing, insurance and operational services stipulated in the previous agreements in exchange for which Pavimar is now paid a daily fee of $600 per vessel, which shall be also subject to an annual review on their anniversary date.

• Commercial Management Agreements and Technical Management Agreements.

• Additions are also made to the Reasoned Justification to refer to the 2014 SHMA and the collaborative work undertaken by the HMA authorities.

• The Technical Management Agreements have a term of five years, and such term automatically renews for a successive five-year term on each anniversary of their effective date, unless the agreements are terminated earlier in accordance with the provisions contained therein.

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 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 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 any internal service agreement related to lay- up, yard supervision and/or technical management (as entered into, amended and/or terminated from time to time) entered into between relevant Group Companies.

Technical Management Agreements means each of the technical management agreements which each Owner has entered into with Xxxxxxxx Shipping (South Africa) Pty. Limited for the technical management of the applicable Vessel;

Technical Management Agreements to "Technical Management Agreement"