Income Collected and Expenses Paid on Behalf of Owners. 7.1 All moneys collected by the Managers under the terms of this Agreement (other than moneys payable by the Owners to the Managers) and any interest thereon shall be held to the credit of the Owners in a separate bank account.
Appears in 31 contracts
Samples: Management Agreement (Gener8 Maritime, Inc.), Ship Management Agreement (KNOT Offshore Partners LP), Ship Management Agreement (KNOT Offshore Partners LP)
Income Collected and Expenses Paid on Behalf of Owners. 7.1 7.1. All moneys collected by the Managers under the terms of this Agreement (other than moneys payable by the Owners to the Managers) and any interest thereon shall be held to the credit of the Owners in a separate bank account.
Appears in 3 contracts
Samples: Castor Maritime Inc., Castor Maritime Inc., Part Ii
Income Collected and Expenses Paid on Behalf of Owners. 7.1 All moneys moneys, if any, collected by the Managers under the terms of this Agreement (other than moneys payable by the Owners to the Managers) and any interest thereon shall be held to the credit of the Owners in a separate bank account.
Appears in 2 contracts
Samples: Scorpio Tankers Inc., Scorpio Tankers Inc.
Income Collected and Expenses Paid on Behalf of Owners. 7.1 All moneys collected by the Managers under the terms of this Agreement (other than moneys payable by the Owners to the Managers) and any interest thereon shall be held to the credit of the Owners in a separate bank account.,
Appears in 1 contract
Income Collected and Expenses Paid on Behalf of Owners. 7.1 All moneys collected by the Managers under the terms of this Agreement (other than moneys payable by the Owners to the Managers) and any interest thereon shall be held credited to the credit such account of the Owners in a separate bank accountas the Owners shall from time to time notify to the Managers.
Appears in 1 contract
Samples: Golden Energy Marine Corp.
