Common use of Use of monies received Clause in Contracts

Use of monies received. The Manager shall ensure that all monies received in the Owner's account are employed to meet the expenses and disbursements in respect of the Vessel, its operation, and performance of work under Employment Contracts (the 'Vessel Operating Costs"), including, but not limited to: (i) wages, recruitment expenses, social expenses, training, travelling and other employee expenses of, end costs of direct and indirect benefits that are granted to the Crew on the Vessel and the onshore base personnel; (ii) temporary Crew replacement; (iii) purchase of supplies, bunkers, equipment and spare parts, storage, transport and assembling thereof; (iv) catering; (v) repairs and periodic overhauls and maintenance; (vi) service personnel; (vii) potential lay-up costs; (viii) Insurance premiums; (ix) costs of permitted sub-contractors in connection with specific assignments and fees and expenses of agents, consultants and professional advisors (except if this Agreement provides otherwise), incurred pursuant to Clause 6 or 9; (x) taxes and charges.

Use of monies received. The Manager shall ensure that all monies received in the Owner's account are employed to meet the expenses and disbursements in respect of the Vessel, its operation, and performance of work under Employment Contracts (the '"Vessel Operating Costs"), including, but not limited to: (i) wages, recruitment expenses, social expenses, training, travelling and other employee expenses of, end and costs of direct and indirect Indirect benefits that are granted to the Crew on the Vessel and the onshore base personnel; (ii) temporary Crew replacement; (iii) purchase of supplies, bunkers, equipment and spare parts, storage, transport and assembling thereof; (iv) catering; (v) repairs and periodic overhauls and maintenance; (vi) service personnel; (vii) potential lay-up costs; (viii) Insurance insurance premiums; ; (ixíx) costs of permitted sub-contractors in connection with specific assignments and fees and expenses of agents, consultants and professional advisors (except if this Agreement provides otherwise), incurred pursuant to Clause 6 or 9; (x) taxes and charges.

Use of monies received. The Manager shall ensure that all monies received in the Owner's account are employed to meet the expenses and disbursements in respect of the Vessel, its operation, and performance of work under Employment Contracts (the '"Vessel Operating Costs"), including, but not limited to: (i) wages, recruitment expenses, social expenses, training, travelling and other employee expenses of, end and costs of direct and indirect benefits that are granted to the Crew on the Vessel and the onshore base personnel; (ii) temporary Crew replacement; (iii) purchase of supplies, bunkers, equipment and spare parts, storage, transport and assembling thereof; (iv) catering; (v) repairs and periodic overhauls and maintenance; (vi) service personnel; (vii) potential lay-up costs; (viii) Insurance insurance premiums; (ix) costs of permitted sub-contractors in connection with specific assignments and fees and expenses of agents, consultants and professional advisors (except if this Agreement provides otherwise), incurred pursuant to Clause 6 or 9; (x) taxes and charges.