Common use of Supervision and Management Clause in Contracts

Supervision and Management. Except with the prior consent of the Agent, the Borrower will not permit any person other than the Supervisor, the Manager and the Sub-Agent to be the supervisor of construction and the manager and Sub-Agent of the ship and crewing services of the Vessel respectively, permit any amendment to be made to the terms of the Supervision Agreement, the Management Agreement or the Sub-Agency Agreement or permit the Vessel to be employed other than within the NCL or NCL America brand (as applicable).

Appears in 1 contract

Sources: Secured Loan Agreement (NCL CORP Ltd.)

Supervision and Management. Except with the prior consent of the Agent, the Borrower will not permit any person other than the Supervisor, the Manager and the Sub-Agent to be the supervisor of construction completion and the manager and Sub-Agent of the ship and crewing services of the Vessel respectively, respectively or permit any amendment to be made to the terms of the Supervision Agreement, the Management Agreement or the Sub-Agency Agreement or permit the Vessel to be employed other than within the NCL or NCL America brand (as applicable)Agreement.

Appears in 1 contract

Sources: Secured Loan Agreement (NCL CORP Ltd.)

Supervision and Management. Except with the prior consent of the Agent, the Borrower will not permit any person other than the Supervisor, Supervisor and the Manager and the Sub-Agent to be the supervisor of construction and the manager and Sub-Agent of the ship and crewing services of the Vessel respectively, permit any amendment to be made to the terms of the Supervision Agreement, the Management Agreement or the Sub-Agency Management Agreement or permit the Vessel to be employed other than within the NCL or NCL America brand (as applicable).

Appears in 1 contract

Sources: Secured Loan Agreement (NCL CORP Ltd.)