Common use of 4b Method of Calculation Clause in Contracts

4b Method of Calculation. In determining the amount due the Bank hereunder by reason of the application of this Section 2.4, the Bank may use any reasonable averaging or attribution method; provided, however, that the Bank must use reasonable efforts to minimize such losses and costs.

Appears in 3 contracts

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc), Credit Agreement (Universal Stainless & Alloy Products Inc), Credit Agreement (Universal Stainless & Alloy Products Inc)

AutoNDA by SimpleDocs

4b Method of Calculation. In determining the amount due the Bank --------------------- hereunder by reason of the application of this Section 2.4, the Bank may use any reasonable averaging or attribution method; provided, however, that the Bank ----------------- must use reasonable efforts to minimize such losses and costs.

Appears in 1 contract

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!