Common use of Earnings Account Clause in Contracts

Earnings Account. 27.1.1 The Borrower shall be the holder of an account with an Account Bank which is designated as the “Earnings Account” for the purposes of the Finance Documents.

Appears in 3 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd., Navigator Holdings Ltd.

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Earnings Account. 27.1.1 The 18.52 Each Borrower shall be the holder of an account with an Account Bank which is designated as the “an Earnings Account” Account for the purposes of the Finance Documents.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

Earnings Account. 27.1.1 25.1.1 The Borrower shall be the holder of an account one or more Accounts with an the Earnings Account Bank which is designated as the an “Earnings Account” for the purposes of the Finance Documents.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

Earnings Account. 27.1.1 The 26.2 Each Borrower shall be the holder of an account Account with an Account Bank which is designated as the “an "Earnings Account" for the purposes of the Finance Documents.

Appears in 1 contract

Samples: Agreement (Globus Maritime LTD)

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Earnings Account. 27.1.1 The Each Borrower shall be the holder holder(s) of an account one or more Accounts with an Account Bank which is designated as the an “Earnings Account” for the purposes of the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (Quintana Shipping Ltd.)

Earnings Account. 27.1.1 (a) The Borrower shall be the holder of an account with an Account Bank which is designated as the "Earnings Account" for the purposes of the Finance Documents.

Appears in 1 contract

Samples: Agreement (Navigator Holdings Ltd.)

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