Common use of Calculation by the Lenders Conclusive and Binding Clause in Contracts

Calculation by the Lenders Conclusive and Binding. Any mathematical calculation required or expressly permitted to be made by the Administrative Lender or any Lender under this Agreement shall be made in its reasonable judgment and in good faith, and shall when made, absent manifest error, be controlling.

Appears in 5 contracts

Samples: Credit Agreement (Sunterra Corp), Credit Agreement (Signature Resorts Inc), Credit Agreement (Pc Service Source Inc)

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Calculation by the Lenders Conclusive and Binding. Any ------------------------------------------------- mathematical calculation required or expressly permitted to be made by the Administrative Lender or any Lender under this Agreement shall be made in its reasonable judgment and in good faith, and shall when made, absent manifest error, be controlling.

Appears in 4 contracts

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Compucom Systems Inc), Credit Agreement (Compucom Systems Inc)

Calculation by the Lenders Conclusive and Binding. Any mathematical calculation required or expressly permitted to be made by the Administrative Lender Agent or any Lender under this Agreement shall be made in its reasonable judgment and in good faith, and shall when made, absent manifest error, be controlling.

Appears in 1 contract

Samples: Credit Agreement (Xircom Inc)

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Calculation by the Lenders Conclusive and Binding. Any ------------------------------------------------- mathematical calculation required or expressly permitted to be made by the Administrative Lender Agent or any Lender under this Agreement shall be made in its reasonable judgment and in good faith, and shall when made, absent manifest error, be controlling.

Appears in 1 contract

Samples: Credit Agreement (Sunterra Corp)

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