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.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month 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.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the any Retention Account under Clause 18.218.3 (Monthly retentions), the Borrowers Borrower shall make up the amount of the insufficiency on demand from by payment in Dollars to the AgentRetention Account.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the any Retention Account under Clause 18.218.3 and/or the Debt Service Reserve Accounts under Clause 18.5, the Borrowers shall make up the amount of the insufficiency on demand from by payment in Dollars to the Agentrelevant Retention Account and the relevant Debt Service Reserve Account.
Appears in 1 contract
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts Account are insufficient at in any time month for the required amount to be transferred to the Retention Account under Clause 18.217.2, the Borrowers Borrower shall make up the amount of the insufficiency on demand from the AgentLender.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts and Collateral Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the any Retention Account under Clause 18.218.3, the Borrowers Borrower shall make up the amount of the insufficiency on demand from by payment in Dollars to the AgentRetention Account.
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the Retention Account under Clause 18.217.2, the Borrowers shall make up the amount of the insufficiency on demand from the AgentLender.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts and Collateral Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the any Retention Account under Clause 18.218.3, the Borrowers shall make up the amount of the insufficiency on demand from by payment in Dollars to the AgentRetention Account.
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the any Retention Account under Clause 18.218.3 (Monthly retentions), the Borrowers shall make up the amount of the insufficiency on demand from by payment in Dollars to the AgentRetention Account.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If If, the aggregate Earnings received in the Earnings Accounts are insufficient at in any time month for the required amount to be transferred to the Retention Account under Clause 18.217.2, the Borrowers shall make up the amount of the insufficiency on demand from the AgentLender.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
