Monthly retentions. The Borrower undertakes with each Creditor Party to ensure that, on and from the date on which an Event of Default or a Potential Event of Default has occurred and at monthly intervals thereafter during the Security Period whilst such an Event of Default or Potential Event of Default is continuing, there are transferred to the Retention Account out of the Earnings received in the Earnings Accounts during the preceding month:
Appears in 5 contracts
Samples: Agreement (Capital Product Partners L.P.), Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)