Remittance of Earnings. The Borrower shall procure that all Net Earnings and any Requisition Compensation are paid to the Earnings Account or to such other account(s) as the Agent shall from time to time specify by notice in writing to the Borrower to begin as of no later than 30 June 2006 or such later date as the Banks shall agree.
Appears in 6 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)
Remittance of Earnings. The Borrower shall procure that all Net Earnings and any Requisition Compensation are paid to the Earnings Account or to such other account(s) as the Agent shall from time to time specify by notice in writing to the Borrower to begin as of no later than 30 June 2006 2008 or such later date as the Banks shall agree.
Appears in 1 contract
Samples: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)
