Shortfall in Earnings Sample Clauses

Shortfall in Earnings. If the aggregate Earnings received in each Earnings Account are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrowers shall immediately pay the amount of the insufficiency into the Retention Account.
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Shortfall in Earnings. If the aggregate Earnings received are insufficient in any month for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrower shall make up the amount of the insufficiency on demand from the Agent; but, without thereby prejudicing the Agent's right to make such demand at any time, the Agent may, if so authorised by the Majority Lenders, permit the Borrower to make up all or part of the insufficiency by increasing the amount of any transfer under Clause 18.2 from the Earnings received in the next or subsequent months.
Shortfall in Earnings. If the aggregate Earnings received in the Operating Account are insufficient in any month for the required amount to be transferred to the Retention Account under Clause 17.2, the Borrower shall make up the amount of the insufficiency on demand from the Lender; but, without thereby prejudicing the Lender's right to make such demand at any time, the Lender may permit the Borrower to make up all or part of the insufficiency by increasing the amount of any transfer under Clause 17.2 from the Earnings received in the next or subsequent months.
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrowers shall make up the amount of the insufficiency on demand from the Agent.
Shortfall in Earnings. If the aggregate Earnings of the Ships received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to the Retention Account under Clause 18.3, the Borrowers shall make up the amount of the insufficiency on demand from the Agent; but, without thereby prejudicing the Agent’s right to make such demand at any time, the Agent may, if so authorised by the Majority Lenders, permit the Borrowers to make up all or part of the insufficiency by increasing the amount of any transfer under Clause 18.3 from the Earnings of the Ships received in the next or subsequent months.
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 17.2, the Borrowers shall make up the amount of the insufficiency on demand from the Lender; but, without thereby prejudicing the Lender's right to make such demand at any time, the Lender may, if so authorised by the Lender, permit the Borrowers to make up all or part of the insufficiency by increasing the amount of any transfer under Clause 17.2 from the Earnings received in the next or subsequent months.
Shortfall in Earnings. (a) If the credit balance on the Earnings Accounts is insufficient in any calendar month for the required amount to be transferred to the Retention Account under Clause 27.4(a) the Borrowers shall make up the amount of the insufficiency on demand from the Facility Agent. (b) Without prejudicing the Facility Agent's right to make such demand at any time, the Facility Agent may, if so authorised by the Majority Lenders, permit the Borrowers to make up all or part of the insufficiency by increasing the amount of any transfer under Clause 27.4(a), from the Earnings received in the next or subsequent calendar months.
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Shortfall in Earnings. If the credit balance on an Earnings Account is insufficient for the required amount to be transferred under Clause 26.3 (Application of Earnings) in relation to the relevant Tranche, the Borrowers shall make up the amount of the insufficiency from the other Earnings Accounts (or otherwise).
Shortfall in Earnings. If the aggregate Earnings of the Ships received in the Operating Accounts it are insufficient in any month for the required amount to be transferred to the Retention Account and/or the Maintenance Reserve Account under Clause 18.3, the Borrowers shall make up the amount of the insufficiency on demand from the Agent.
Shortfall in Earnings. (a) If the credit balance on each Earnings Account is insufficient for the required amount to be transferred under Clause 25.3 (Application of Earnings) the Borrowers shall make up the amount of the insufficiency. (b) The Borrowers may not make up all or any part of the insufficiency by utilising the Minimum Liquidity Amount in the Earnings Account.
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