Vessel Manager definition

Vessel Manager means SEACOR Offshore Dubai LLC, Seacor Marine LLC or any other entity controlled by the SEACOR Guarantor which will commercially and technically manage the Vessels at all times, or any other management company with the prior written consent of the Majority Lenders;

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Vessel Manager s Undertaking(s)” means each of the undertakings made or to be made by the Vessel Manager in favor of the Lenders in respect

Vessel Manager means the Parent Guarantor, any Affiliate controlled by the Parent Guarantor or any other management company which will commercially and technically manage the Vessels with the prior written consent of the Majority Lenders, such consent not to be unreasonably withheld or delayed;

Examples of Vessel Manager in a sentence

• The Vessel Manager has, as of the date of this Agreement, been entrusted by each Owner (as defined below) with the right to negotiate Charters (as such term is defined below) under a certain written agreement made between each Owner and the Vessel Manager (hereinafter individually being referred to as the Main Brokerage Agreement and collectively the Main Brokerage Agreements).

• Any Security Party, any Subsidiary thereof, any Affiliates or directors or officers of such Security Party, Subsidiary or Affiliates or any Vessel Manager becomes a Restricted Party.

• Blue Net cannot subcontract any of the services to be performed by it under this Agreement, without the prior written consent of the Vessel Manager.

• This Agreement can be terminated by the Vessel Manager by giving three months prior notice in writing to Blue Net.

• The Managing Member is hereby authorized and directed to enter into the Vessel Management Agreement, pursuant to which it will delegate to the Vessel Manager certain of its duties as Managing Member hereunder, as more specifically provided in the Vessel Management Agreement, any or all of which duties may be subcontracted to third Persons by the Vessel Manager in accordance with the terms of the Vessel Management Agreement.

More Definitions of Vessel Manager

Vessel Manager means the Person designated as the Manager in the Vessel Management Agreement, and any successor thereto appointed in accordance with the terms of the Vessel Management Agreement.

Vessel Manager means MPC Container Ships AS, Ahrenkiel Steamship GmbH ft Co. KG, Rickmers Shipmanagement GmbH & Cie. KG, Columbia Ship Management and CONTCHART

Vessel Manager means Boston Putford Offshore Safety Ltd., SEACOR Offshore Dubai LLC, SEACOR Marine and/or any other entity controlled by SEACOR Marine which will commercially and technically manage the Vessels at all times, or any other management company appointed with the prior written consent of the Facility Agent, such consent not to be unreasonably withheld, conditioned or delayed;

Vessel Manager means Capital Ship Management Corp., a Panama Corporation. As used herein, the Partnership, Capital GP L.L.C., a ▇▇▇▇▇▇▇▇ Islands limited liability company (the “General Partner”), Capital Product Operating L.L.C., a ▇▇▇▇▇▇▇▇ Islands limited liability company (the “Operating Company”), Crude Carriers Corp., a ▇▇▇▇▇▇▇▇ Islands corporation (“CCC”), and Crude Carriers Operating Corp., a ▇▇▇▇▇▇▇▇ Islands corporation (“CCOC”), are referred to as the “Capital Parties.” The Capital Parties, together with each of the vessel-owning subsidiaries listed on Schedule B hereto (collectively, the “Operating Subsidiaries” and each, an “Operating Subsidiary”) are collectively referred to as the “Capital Entities.”

Vessel Manager means (i) the Commercial Manager, (ii) the Technical Manager and/or (iii) any other entity (being an entity within the Parent group or a third party acceptable to the agent of the RCF Creditors) entering into a Vessel Management Agreement with a Vessel Owner on terms no less favourable to such Vessel Owner than arms-length terms and otherwise in compliance with the term hereof.

Vessel Manager s Undertaking” means each of the undertakings made or to be made by the Vessel Manager in favor of the Security Trustee in respect of a Vessel, substantially in the form set out in Exhibit L or such other form reasonably acceptable to the Security Trustee and the Majority Lenders;

Vessel Manager s Undertaking” means each of the undertakings made or to be made by the Vessel Manager in favor of the Facility Agent in respect of a Vessel, substantially in the form set out in Exhibit K;