Common use of Sharing of Earnings Clause in Contracts

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 23 contracts

Samples: Agreement (Global Ship Lease, Inc.), Junior Facility Agreement (Global Ship Lease, Inc.), Loan Agreement

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Sharing of Earnings. No The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 11 contracts

Samples: Assignment Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (GasLog Partners LP)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than any profit-sharing arrangements on arm’s length terms.

Appears in 5 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than for the purposes of this Agreement.

Appears in 3 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Assignment Agreement (Castor Maritime Inc.)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than for the purposes of this Agreement.

Appears in 2 contracts

Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than any profit sharing arrangements on arm’s length terms.

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Holdings Inc.)

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Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any Earnings.Earnings other than for the purposes of this Agreement. 107

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than any profit-sharing arrangements on arm's length terms.

Appears in 1 contract

Samples: Facility Agreement (Navios South American Logistics Inc.)

Sharing of Earnings. No Borrower shall enter into any agreement or arrangement for the pooling or sharing of any Earnings.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

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