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Common use of Administrative Agent Determination Clause in Contracts

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate shall, in the absence of manifest error, be final, conclusive and binding on each Borrower and the Credit Facility Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate, the US Base Rate, the CDOR Rate and SOFR shall, in the absence of manifest error, be final, conclusive and binding on each the Borrower and the Credit Facility Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Tricon Residential Inc.), Credit Agreement (Tricon Residential Inc.)

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate and the CDORCORRA Rate shall, in the absence of manifest error, be final, conclusive and binding on each Borrower the Borrowers and the Credit Facility Lenders.

Appears in 1 contract

Samples: Credit Agreement (Lithia Motors Inc)

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate and the CDOR Rate shall, in the absence of manifest error, be final, conclusive and binding on each Borrower the Borrowers and the Credit Facility Lenders.

Appears in 1 contract

Samples: Credit Agreement (Lithia Motors Inc)

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate and the XXXXX Rate shall, in the absence of manifest error, be final, conclusive and binding on each Borrower the Borrowers and the Credit Facility Lenders.

Appears in 1 contract

Samples: Credit Agreement (Lithia Motors Inc)

Administrative Agent Determination. Each determination by the Administrative Agent of the Prime Rate or the Discount Rate shall, in the absence of manifest error, be final, conclusive and binding on each the Borrower and the Credit Facility Lenders.

Appears in 1 contract

Samples: Credit Agreement (Quest Capital Corp)