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Common use of Application of Earnings Clause in Contracts

Application of Earnings. All Earnings received by the Assignee pursuant to the assignment in this Deed shall be applied in accordance with clause 3.4 of the Fourth Priority Security Co-ordination Deed and section 4.05 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

Application of Earnings. All Earnings received by the Assignee pursuant to the assignment in this Deed shall be applied in accordance with clause 3.4 of the Fourth Priority Security Co-ordination Deed and section 4.05 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)