Earnings Account. The Borrower shall maintain the Earnings Account with the Agent for the duration of the Facility Period free of Encumbrances and rights of set off except for Permitted Liens and those Encumbrances and rights of set off created by or under the Security Documents.
Appears in 7 contracts
Samples: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan and Letter of Credit Facility Agreement (Gulfmark Offshore Inc)
