Common use of Monthly retentions Clause in Contracts

Monthly retentions. The Borrower undertakes with each Creditor Party to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the first Drawdown Date and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date of the first Advance and thereafter on the same day in of each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Earning Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes Borrowers undertake with each Creditor Party the Lender to ensure that, in each calendar month of throughout the Security Period commencing on the date falling 1 one month after the Drawdown Date and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month:

Monthly retentions. The Each Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of throughout the Security Period commencing on the date falling 1 one month after the Drawdown Date of the Delivery Advance for the first Ship to be delivered and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of throughout the Security Period commencing on the date falling 1 month after the Drawdown Date and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date and thereafter on the same day in of each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of throughout the Security Period commencing on the date falling 1 one month after the Drawdown Date and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the each Drawdown Date and thereafter on the same day in of each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Earning Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes Borrowers undertake with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 one month after the Drawdown Date and Date, on such dates as the same day in each subsequent monthLenders may from time totime specify, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Operating Account(s) during the preceding calendar month:

Monthly retentions. The Each Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month (after the Drawdown Date and Date) on such dates as the same day in each subsequent monthLender may from time to time specify, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes Borrowers undertake with each Creditor Party to ensure that, in each calendar month of the Security Period commencing on the date falling 1 one month after the Drawdown Date of each Tranche and on the same day in each subsequent month, there is transferred in respect of that Tranche to the Retention Account (in respect of sub- clauses (a) and (b)) out of the aggregate Earnings received in the relevant Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date of each Tranche and thereafter on the same day in of each subsequent month, there is transferred in respect of that Tranche to the Retention Account out of the aggregate Earnings received in the Earnings relevant Earning Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date and thereafter on the same day in of each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Earning Accounts during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date falling 1 one month after the Drawdown Date and Date, on such dates as the same day in each subsequent monthLenders may from time to time specify, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in each calendar month of the Security Period commencing on the date day falling 1 month after the Drawdown Date of the Sixth Advance and on the same day in each subsequent month, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts Account during the preceding calendar month:

Monthly retentions. The Borrower undertakes with each Creditor Party the Lender to ensure that, in at the end of each calendar month of the Security Period commencing on the date falling 1 month after the Drawdown Date and on the same day in each subsequent monthPeriod, there is transferred to the Retention Account out of the aggregate Earnings received in the Earnings Accounts during the preceding calendar month: