Common use of Sharing of Earnings Clause in Contracts

Sharing of Earnings. Without Agent's prior written consent, the Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings other than a profit sharing agreed at arm's length under a charter party provided that it is not a part of any pool arrangement, in which case the Agent's prior written consent will be required (such consent not to be unreasonably withheld or delayed).

Sharing of Earnings. Without Agent's prior written consent, the The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings other than a profit sharing agreed at arm's ’s length under a charter party provided that it is not a part of any pool arrangement, in which case the Agent's ’s prior written consent will be required (such consent not to be unreasonably withheld or delayedwithheld).

Sharing of Earnings. Without Agent's prior written consent, the Borrower The Borrowers shall not enter into any agreement or arrangement for the sharing of any Earnings other than a profit sharing agreed at arm's ’s length under a charter party provided that it is not a part of any pool arrangement, in which case the Agent's ’s prior written consent will be required (such consent not to be unreasonably withheld or delayedwithheld).

Sharing of Earnings. Without Agent's prior written consent, the The Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings Earnings, other than a profit sharing agreed at arm's length under a charter party provided that it is not a part of any pool arrangementthan, in which case subject to the Agent's prior written consent will be required of the Facility Agent (such consent not to be unreasonably withheld or delayedwithheld), customary profit-sharing arrangements under a Charter.

Sharing of Earnings. Without Agent's prior written consent, the No Borrower shall not enter into any agreement or arrangement for the sharing of any Earnings other than a profit sharing agreed at arm's length under a charter party provided that it is not a part of any pool arrangement, in which case the AgentLender's prior written consent will be required (such consent not to be unreasonably withheld or delayed)required.