Common use of Calculations and Certificates Clause in Contracts

Calculations and Certificates. 25.1 In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, in the absence of manifest error, the entries made in the accounts maintained by the Lender are prima facie evidence of the matters to which they relate. 25.2 Any certification or determination by the Lender under any Finance Document is, in the absence of manifest error, conclusive evidence of the matters to which it relates. 25.3 Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 365 days.

Appears in 7 contracts

Samples: Loan Agreement (American Realty Capital Global Trust, Inc.), Loan Agreement (American Realty Capital Global Trust, Inc.), Loan Agreement (American Realty Capital Global Trust, Inc.)

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Calculations and Certificates. 25.1 In 24.18.1 If any litigation or arbitration proceedings arising out of or in connection with a Finance Loan Document, in the absence of manifest error, the entries made in the accounts maintained by the Lender are Chargee shall be prima facie evidence of the matters to which they relate. 25.2 24.18.2 Any certification or determination by or certificate of the Lender Chargee under any Finance Document this Deed is, in the absence of manifest error, conclusive evidence of the matters to which it relates. 25.3 24.18.3 Any interest, commission or fee accruing under a Finance Loan Document will shall accrue from day to day and is be calculated on the basis of the actual number of days elapsed and a year of 365 360 days.

Appears in 2 contracts

Samples: Debenture (Cgen Digital Media Co LTD), Debenture (Cgen Digital Media Co LTD)

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Calculations and Certificates. 25.1 30.1 In any litigation or arbitration proceedings arising out of or in connection with a Finance Transaction Document, in the absence of manifest error, the entries made in the accounts maintained by the Lender Buyers are prima facie evidence of the matters to which they relate. 25.2 30.2 Any certification or determination by the Lender Buyers of a rate or amount under any Finance Transaction Document is, in the absence of manifest error, conclusive evidence of the matters to which it relates. 25.3 30.3 Any interest, commission or fee accruing under a Finance Transaction Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 365 360 days.

Appears in 1 contract

Samples: Memorandum of Agreement

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