Charging of accounts. The Earnings Accounts and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Earnings Account Pledges respectively and the Borrowers undertake to take all such steps, and give all such instructions to the Earnings Account Bank to enable the Agent and/or the Security Trustee to have: (a) full e-banking monitoring access to the Earnings Accounts at all times; and (b) full unconditional access to the Earnings Accounts following the occurrence of an Event of Default which is continuing.
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Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP)
Charging of accounts. The Earnings Accounts and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Earnings Account Pledges respectively and the Borrowers undertake to take all such steps, and give all such instructions to the Earnings Account Bank Banks to enable the Agent and/or the Security Trustee to have:
(a) full e-banking monitoring access to the Earnings Accounts at all times; and
(b) full unconditional access to the Earnings Accounts following the occurrence of an Event of Default which is continuing.
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Charging of accounts. The Earnings Accounts Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Earnings Account Pledges Pledge respectively and the Borrowers Borrower undertake to take all such steps, and give all such instructions to the Earnings Account Bank to enable the Agent and/or the Security Trustee to have:
(a) full e-banking monitoring access to the Earnings Accounts Account at all times; and
(b) full unconditional access to the Earnings Accounts Account following the occurrence of an Event of Default which is continuing.
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