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.
Appears in 6 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account Accounts are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrowers Borrower shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 5 contracts
Samples: Agreement (Capital Product Partners L.P.), Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrowers Borrower shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 4 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account are is insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.2, the Borrowers Borrower shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account are insufficient at in any time month for the required amount to be transferred to the Retention Account under Clause 18.2Section 10.3, the Borrowers Borrower shall immediately pay the deposit an amount of the insufficiency equal to such deficiency into the Retention Account.
Appears in 3 contracts
Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account Accounts 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.
Appears in 2 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Castor Maritime Inc.)
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 18.218.2 (Monthly retentions), the Borrowers Borrower shall procure that the Owners shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Shortfall in Earnings. If the aggregate Earnings received in each an Earnings Account are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.217.2 (Monthly retentions), the Borrowers shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.218.2 (Monthly retentions), the Borrowers Borrower shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Shortfall in Earnings. If the aggregate Earnings received in each the Earnings Account Accounts are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.218.2 (Monthly retentions to Retention Account), the Borrowers shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 1 contract
Shortfall in Earnings. If the aggregate Earnings received in each an Earnings Account are insufficient at any time for the required amount to be transferred to the Retention Account under Clause 18.20, the Borrowers shall immediately pay the amount of the insufficiency into the Retention Account.
Appears in 1 contract
Shortfall in Earnings. If the aggregate Earnings received in each an 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.
Appears in 1 contract
