Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in accordance with clause 27.1 (Earnings Account) unless required to be paid to the Agent pursuant to the General Assignment for that Ship. If any Earnings are held by brokers or other agents, they shall be paid to the Agent, if it requires this after the Earnings have become payable to it under the Ship’s General Assignment for that Ship.
Appears in 3 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd., Navigator Holdings Ltd.
Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in accordance with clause 27.1 28.1 (Earnings Account) unless required to be paid to the Security Agent pursuant to the General Assignment for that Ship. If any Earnings are held by brokers or other agents, they shall be paid to the Agent, if it requires this after the Earnings have become payable to it under the Ship’s General Assignment for that Ship.
Appears in 1 contract
Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in accordance with clause 27.1 (Earnings Account) unless required to be paid to the Security Agent pursuant to the General Assignment for that Ship. If any Earnings are held by brokers or other agents, they shall be paid to the Agent, if it requires this after the Earnings have become payable to it under the Ship’s General Assignment for that Ship.
Appears in 1 contract
Payment of Earnings. The relevant Owner’s 's Earnings from the Ship shall be paid in accordance with clause 27.1 28.1 (Earnings Account) unless required to be paid to the Security Agent pursuant to the General Assignment for that Ship. If any Earnings are held by brokers or other agents, they shall be paid to the Agent, if it requires this after the Earnings have become payable to it under the Ship’s 's General Assignment for that Ship.
Appears in 1 contract
Samples: Navigator Holdings Ltd.
Payment of Earnings. The relevant Owner’s Earnings from the Ship shall be paid in accordance with clause 27.1 28.1.2 (Earnings Account) unless required to be paid to the Agent pursuant to the Ship’s General Assignment for that Shipor Deed of Covenant. If any Earnings are held by brokers or other agents, they shall be paid to the Agent, if it requires this after the Earnings have become payable to it under the Ship’s General Assignment for that ShipAssignment.
Appears in 1 contract
Samples: Navigator Holdings Ltd.
Payment of Earnings. 22.10 The relevant Owner’s 's Earnings from the Ship shall be paid in accordance with clause 27.1 (Earnings Account) unless the way required to be paid to by the Agent pursuant to the Ship’s General Assignment for that ShipAssignment. 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 General Assignment for that ShipAssignment.
Appears in 1 contract
Samples: Agreement (Globus Maritime LTD)