Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any Retention Account under Clause 18.3 (Monthly retentions), the Borrower shall make up the amount of the insufficiency by payment in Dollars to the Retention Account.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts Account are insufficient in any month for the required amount to be transferred to any the Retention Account under Clause 18.3 (Monthly retentions)17.2, the Borrower shall make up the amount of the insufficiency by payment in Dollars to on demand from the Retention AccountLender.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Shortfall in Earnings. If If, the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any the Retention Account under Clause 18.3 (Monthly retentions)17.2, the Borrower Borrowers shall make up the amount of the insufficiency by payment in Dollars to on demand from the Retention AccountLender.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any the Retention Account under Clause 18.3 (Monthly retentions)17.2, the Borrower Borrowers shall make up the amount of the insufficiency by payment in Dollars to on demand from the Retention AccountLender.
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 in any month for the required amount to be transferred to any Retention Account under Clause 18.3 (Monthly retentions)18.3, the Borrower Borrowers shall make up the amount of the insufficiency by payment in Dollars to the Retention Account.
Appears in 1 contract
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any Retention Account under Clause 18.3 (Monthly retentions)and/or the Debt Service Reserve Accounts under Clause 18.5, the Borrower Borrowers shall make up the amount of the insufficiency by payment in Dollars to the relevant Retention Account and the relevant Debt Service Reserve Account.
Appears in 1 contract
Samples: Dynagas LNG Partners LP
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts and Collateral Earnings Accounts are insufficient in any month for the required amount to be transferred to any Retention Account under Clause 18.3 (Monthly retentions)18.3, the Borrower shall make up the amount of the insufficiency by payment in Dollars to the Retention Account.
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any Retention Account under Clause 18.3 (Monthly retentions), the Borrower Borrowers shall make up the amount of the insufficiency by payment in Dollars to the Retention Account.
Appears in 1 contract
Shortfall in Earnings. If the aggregate Earnings received in the Earnings Accounts are insufficient in any month for the required amount to be transferred to any the Retention Account and/or the Swap Account (as the case may be) under Clause 18.3 (Monthly retentions)18.2, the Borrower shall Borrowers immediately make up the amount of the insufficiency by payment in Dollars to into the Retention AccountAccount or the Swap Account (as the case may be).
Appears in 1 contract