Common use of Payment of Earnings Clause in Contracts

Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in the way required by the Ship’s Deed of Covenant and the Ship’s Charter Assignment. If any Earnings are held by brokers or other agents, they shall be paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship’s Deed of Covenant and the Ship’s Charter Assignment.

Payment of Earnings. The relevant OwnerBorrower’s Earnings from the Ship shall be paid in the way required by the Ship’s Deed of Covenant and the Ship’s Charter AssignmentCovenant. If any Earnings are held by brokers or other agents, they shall be paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship’s Deed of Covenant and the Ship’s Charter AssignmentCovenant.

Payment of Earnings. The relevant OwnerBorrower’s Earnings from the Ship shall be paid in the way required by the Ship’s Deed of Covenant and the Ship’s Charter Assignment. If any Earnings are held by brokers or other agents, they shall be paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship’s Deed of Covenant and the Ship’s Charter Assignment.

Payment of Earnings. The relevant Owner’s 's Earnings from the Ship shall be paid in the way required by the Ship’s 's General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant. If any such Earnings are held by brokers or other agents, they shall be duly accounted for and paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship’s 's General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant.

Payment of Earnings. The relevant Owner’s 's Earnings from the Ship shall be paid in the way required by the Ship’s 's General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant. If any Earnings are held by brokers or other agents, they shall be paid to the Security AgentAgent or the Agent (as the case may be), if it requires this after the Earnings have become payable to it under the Ship’s 's General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant.

Payment of Earnings. The relevant OwnerBorrower’s Earnings from the Ship shall be paid in the way required by the Ship’s Deed of Covenant and the ShipBorrower’s Charter Assignment. If any Earnings are held by brokers or other agents, they shall be paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship’s Deed of Covenant and the ShipBorrower’s Charter Assignment.

Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in the way required by the Ship’s General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant. If any Earnings are held by brokers or other agents, they shall be paid to the Security AgentAgent or the Agent (as the case may be), if it requires this after the Earnings have become payable to it under the Ship’s General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant.

Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in the way required by the Ship’s General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant. If any such Earnings are held by brokers or other agents, they shall be duly accounted for and paid to the Security AgentLender, if it requires this after the Earnings have become payable to it under the Ship’s General Assignment or Deed of Covenant and the Ship’s Charter AssignmentCovenant.