Common use of Sharing of Earnings Clause in Contracts

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 4 contracts

Samples: Facility Agreement (Castor Maritime Inc.), Loan Agreement (GasLog Ltd.), Loan Agreement (Oceanfreight Inc.)

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Sharing of Earnings. Neither the Borrower nor any Guarantor shall enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings.

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings other than the relevant Charters.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

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Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any EarningsEarnings except for sharing of earnings between the Borrowers.

Appears in 2 contracts

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

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