Common use of Calculations in Respect of Securities Clause in Contracts

Calculations in Respect of Securities. The Company or its agents will be responsible for making all calculations called for under the Securities including, but not limited to, determination of the market prices for the Securities and of the Common Stock and the amounts of Liquidated Damages, if any, accrued on the Securities. Any calculations made in good faith and without manifest error will be final and binding on Holders of the Securities. The Company or its agents will be required to deliver to the Trustee a schedule of its calculations and the Trustee will be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 3 contracts

Samples: Indenture (Sierra Health Services Inc), Indenture (Covad Communications Group Inc), Indenture (Maxtor Corp)

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Calculations in Respect of Securities. The Company or its agents will be responsible for making all calculations called for under the Securities including, but not limited to, determination of the market prices for the Securities and of the Common Stock and the amounts of Contingent Interest and Liquidated Damages, if any, accrued on the Securities. Any calculations made in good faith and without manifest error will be final and binding on Holders of the Securities. The Company or its agents will be required to deliver to the Trustee a schedule of its calculations and the Trustee will be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 2 contracts

Samples: Indenture (Financial Federal Corp), Indenture (Genesco Inc)

Calculations in Respect of Securities. The Company or its agents will shall be responsible for making all calculations called for under the Securities including, but not limited to, determination of the market prices for the Securities and of the Common Stock and the amounts of Liquidated DamagesContingent Interest and Additional Amounts, if any, accrued on the Securities. Any calculations made in good faith and without manifest error will shall be final and binding on Holders of the Securities. The Company or its agents will shall be required to deliver to the Trustee a schedule of its calculations and the Trustee will shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Indenture (CBIZ, Inc.)

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Calculations in Respect of Securities. The Company or its agents will shall be responsible for making all calculations called for under the Securities including, but not limited to, determination of the market prices for the Securities and of the Common Stock and the amounts amount of Liquidated DamagesAdditional Interest, if any, accrued on the Securities. Any calculations made in good faith and without manifest error will shall be final and binding on Holders of the Securities. The Company or its agents will shall be required to deliver to the Trustee a schedule of its calculations and the Trustee will shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Indenture (Invacare Corp)

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