Certain Determinations. In making the determinations contemplated by Sections 7.01, 7.02 and 7.03, each Bank and the Issuing Bank may make such estimates, assumptions, allocations and the like that such Person in good faith determines to be appropriate, and such Person's selection thereof in accordance with this Section 7.04, and the determinations made by such Bank on the basis thereof, shall be final, binding and conclusive upon the Borrower, except, in the case of such determinations, for manifest errors in computation or transmission. Each Bank and the Issuing Bank shall furnish to the Borrower upon request a certificate outlining in reasonable detail the computation of any amounts claimed by it under Sections 7.02 and 7.03 and the assumptions underlying such computations.
Appears in 3 contracts
Samples: Credit Agreement (Garden State Newspapers Inc), Credit Agreement (Garden State Newspapers Inc), Credit Agreement (Garden State Newspapers Inc)
Certain Determinations. In making the determinations contemplated by Sections 7.01, 7.02 and 7.02, 7.03, and 7.04, each Bank and the Issuing Bank may make such estimates, assumptions, allocations and the like that such Person Bank in good faith determines to be appropriate, and such PersonBank's selection thereof in accordance with this Section 7.047.05, and the determinations made by such Bank on the basis thereof, shall be final, binding and conclusive upon the Borrower, except, in the case of such determinations, for manifest errors in computation or transmission. Each Bank and the Issuing Bank shall furnish to the Borrower upon request a certificate outlining in reasonable detail the computation of any amounts claimed by it under Sections 7.02 7.01, 7.02, 7.03 and 7.03 7.04 and the assumptions underlying such computations.
Appears in 2 contracts
Samples: Secured Revolving/Term Credit Agreement (Resource Bancshares Mortgage Group Inc), Secured Revolving/Term Credit Agreement (Resource Bancshares Mortgage Group Inc)
Certain Determinations. In making the determinations contemplated by Sections 7.01, 7.02 and 7.02, 7.03, and 7.04, each Bank and the Issuing Bank may make such estimates, assumptions, allocations and the like that such Person Bank in good faith determines to be appropriate, and such PersonBank's selection thereof in accordance with this Section 7.047.05, and the determinations made by such Bank on the basis thereof, shall be final, binding and conclusive upon the Borrower, except, in the case of such determinations, for manifest errors in computation or transmission. Each Bank and the Issuing Bank shall furnish to the Borrower upon request a certificate outlining in reasonable detail the computation of any amounts claimed by it under Sections 7.02 7.02, 7.03 and 7.03 7.04 and the assumptions underlying such computations.
Appears in 2 contracts
Samples: Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc)