Common use of Earnings Accounts Clause in Contracts

Earnings Accounts. (a) The Borrower shall be the holder of an account with the Account Bank which is designated as an Earnings Account for the purposes of the Finance Documents.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

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Earnings Accounts. (a) The Borrower and each Owner shall be the holder of an account one or more Accounts with the Account Bank which is designated as an “Earnings Account Account” for the purposes of the Finance Documents.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

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