Common use of Manager Clause in Contracts

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the Manager, or terminate or amend the terms of the Management Agreement;

Appears in 6 contracts

Sources: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the Commercial Manager or the Technical Manager, or terminate or amend the terms of the Management AgreementAgreements;

Appears in 4 contracts

Sources: Quadripartite Deed (Top Tankers Inc.), Quadripartite Deed (Top Tankers Inc.), Quadripartite Deed (Top Tankers Inc.)

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the ManagerCommercial Manager (as such term is defined in the Loan Agreement), or terminate or amend the terms of the Vanguard Commercial Management Agreement (as such term is defined in the Loan Agreement);

Appears in 3 contracts

Sources: Quadripartite Deed (Top Tankers Inc.), Quadripartite Deed (Top Tankers Inc.), Second Priority Quadripartite Deed (Top Tankers Inc.)

Manager. not without the prior written consent of the Mortgagee to appoint a any manager of the Ship other than either of the ManagerManagers (and in the case of Teekay, only for the Teekay Period) or terminate to terminate, or amend the terms of of, the relevant Management Agreement;

Appears in 2 contracts

Sources: Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (Capital Maritime & Trading Corp.)

Manager. not without the prior written previous consent in writing of the Mortgagee (and then only on and subject to such terms as the Mortgagee may impose) to appoint a manager of the Ship Vessel other than the Manager, Manager or amend or terminate or amend the terms of the Management Agreement;

Appears in 2 contracts

Sources: Second Preferred Mortgage (FreeSeas Inc.), Deed of Covenants (FreeSeas Inc.)

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the Manager, or terminate or amend the terms of the Management AgreementAgreement in respect of the Ship;

Appears in 1 contract

Sources: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Manager. not without the prior written consent of the Mortgagee (acting on the instructions of the Majority Banks) to appoint a any manager of the Ship other than the ManagerManager or to terminate, or terminate or amend the terms of of, the Management Agreement;

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Manager. not without the prior written consent of the Mortgagee (acting on the instructions of the Majority Banks) to appoint a manager of the Ship other than the ManagerManager or to terminate, or terminate or amend the terms of of, the Management Agreement;

Appears in 1 contract

Sources: Supplemental Agreement (Diana Shipping Inc.)

Manager. not without the prior written consent of the Mortgagee to appoint a any manager of the Ship other than the ManagerManager or to terminate, or terminate or amend the terms of of, the Management Agreement;

Appears in 1 contract

Sources: Loan Agreement (Capital Maritime & Trading Corp.)

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the Manager, or terminate or amend the terms of the relevant Management Agreement;

Appears in 1 contract

Sources: Facility Agreement (Globus Maritime LTD)

Manager. not without the prior written consent of the Mortgagee to appoint a manager of the Ship other than the Manager, or terminate or amend the terms of the Collateral Management AgreementAgreement in respect of the Ship;

Appears in 1 contract

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.)