Sharing of Earnings. The Borrower shall procure that no Owner shall enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the Owners.
Appears in 3 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Sharing of Earnings. The Borrower shall procure that no the Owner shall not enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the OwnersEarnings.
Appears in 3 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)
Sharing of Earnings. The Borrower shall procure that no Owner shall enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the OwnersEarnings.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Sharing of Earnings. The Borrower shall procure that no each Owner (other than between the two Owners) shall not enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the OwnersEarnings.
Appears in 1 contract
Sharing of Earnings. The Borrower shall procure that no each Owner shall not enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the OwnersEarnings.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Sharing of Earnings. The Borrower shall procure that no Owner shall enter into any agreement or arrangement for the sharing of any Earnings except for sharing of earnings between the OwnersEarnings.
Appears in 1 contract
