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 (other than (i) any profit sharing agreement with a charterer which takes effect above an agreed minimum charter hire rate payable to the relevant Borrower under a charter to which that Borrower is a party and (ii) any pool agreement, in either case, on bona fide arm’s length terms).

Sharing of Earnings. Neither The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any profit sharing agreement with a charterer which takes effect above an agreed minimum charter hire rate payable to the relevant Borrower under a charter to which that the Borrower is a party and (ii) any pool agreement, in either case, on bona fide arm’s length terms).

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any through a profit sharing agreement with a charterer on bona fide arm’s length terms which takes effect above an agreed minimum charter hire rate payable to the relevant Borrower under a charter to which that Borrower is a party and (ii) any pool agreement, in either case, on bona fide arm’s length terms)but not including pooling arrangements.

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any profit sharing agreement with a charterer which takes effect above an agreed minimum charter hire rate payable to the relevant Borrower under a charter to which that Borrower is a party and (ii) any pool agreement, in either case, on bona fide arm’s 's length terms).

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any a profit sharing agreement with a charterer which takes effect above exceeding an agreed minimum charter hire rate payable to the relevant Borrower under a charter to which party Provided that Borrower it is not a party and (ii) part of any pool agreement, in either case, on bona fide arm’s length terms)arrangement.

Sharing of Earnings. Neither Borrower shall enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any profit sharing agreement with a charterer which takes effect above an agreed minimum charter hire rate payable except pursuant to the relevant Borrower under a charter Approved Charter to which that Borrower it is a party and (ii) any pool agreement, in either case, on bona fide arm’s length terms)party.

Sharing of Earnings. Neither Borrower Borrower, other than between the two Borrowers shall enter into any agreement or arrangement for the sharing of any Earnings (other than (i) any through a profit sharing agreement with a charterer on bona fide arm's length terms which takes take effect above an agreed minimum amount of charter hire rate payable to the relevant Borrower under a charter to which that Borrower is a party and (ii) charterparty but not including any pool agreement, in either case, on bona fide arm’s length terms)pooling arrangements.