Common use of Sharing of Earnings Clause in Contracts

Sharing of Earnings. The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 11 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Amending and Restating Agreement (GasLog Partners LP)

AutoNDA by SimpleDocs

Sharing of Earnings. The Neither Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 4 contracts

Samples: Term Loan Facility (Castor Maritime Inc.), Loan Agreement (GasLog Ltd.), Loan Agreement (DryShips Inc.)

Sharing of Earnings. The Borrower shall not enter into any agreement or arrangement for the sharing of any EarningsEarnings (other than any arrangements for the sharing of Earnings included in the Existing Charter).

Appears in 3 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

Sharing of Earnings. The Borrower shall procure that the Owner shall not enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 3 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Gala Properties Inc.)

Sharing of Earnings. The Borrower shall not enter into any agreement or arrangement for the sharing of any EarningsEarnings other than for the purposes of this Agreement.

Appears in 2 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Pyxis Tankers Inc.)

Sharing of Earnings. The Neither Borrower shall not enter into any agreement or arrangement for the sharing of any EarningsEarnings except for sharing of earnings between the Borrowers.

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

AutoNDA by SimpleDocs

Sharing of Earnings. The Borrower shall not enter into any agreement or arrangement for the sharing of any EarningsEarnings other than as contemplated in the Vessel Employment Agreement.

Appears in 1 contract

Samples: Amending and Restating Agreement (Golar LNG Partners LP)

Sharing of Earnings. The Save as disclosed to the Lender the Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Sharing of Earnings. The Borrower shall will not enter into any agreement or arrangement for the sharing of any EarningsEarnings other than pursuant to Permitted Pooling Agreement.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!