Common use of Earnings Account Clause in Contracts

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly to make the payments required under this Agreement, (ii) secondly, subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly to make the payments required under this Agreement, (ii) secondly, subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the BorrowerBorrowers.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Mortgaged Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the BorrowerBorrowers.

Earnings Account. withdrawals Any sums standing to the credit of the an Earnings Account or a Charter Account may be applied from time to time (i) firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Mortgaged Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Mortgaged Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly to make the payments required under this Agreement, (ii) secondly, subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the BorrowerBorrowers.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Mortgaged Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the an Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in payment for the operation of the Vessel Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account or a Charter Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel Mortgaged Vessels and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurredoccurred and to no Event of Default occurring as a result of such a payment, in the operation of the Vessel and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.

Earnings Account. withdrawals Any sums standing to the credit of the Earnings Account may be applied from time to time (i) firstly Firstly and to make the payments required under this Agreement, (ii) secondly, secondly 64 subject to there being no breach of Clause 14.3 and to no Event of Default having occurred, in the operation of the Vessel and (iii) subject to there being at any time sufficient funds to pay amounts due under (i) and (ii) above as they fall due, thirdly for the general corporate purposes of the Borrower.