Common use of Sharing of Earnings Clause in Contracts

Sharing of Earnings. 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).

Sharing of Earnings. The Borrower Borrowers 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).

Sharing of Earnings. The 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 '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 withheldwithheld or delayed).

Sharing of Earnings. 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), customary profit-sharing arrangements under a Charter.

Sharing of Earnings. 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 's length under a charter party provided that it is not a part of any pool arrangement, in which case the Agent’s Lender's prior written consent will be required (such consent not to be unreasonably withheld)required.