Common use of Certificate Conclusive and Binding Clause in Contracts

Certificate Conclusive and Binding. Where any provision of this Agreement provides that a Finance Party may certify or determine an amount or rate payable by the Borrower, a certificate by such Finance Party as to such amount or rate shall be conclusive and binding on the Borrower in the absence of manifest error.

Appears in 2 contracts

Sources: Facility Agreement (MIE Holdings Corp), Loan Agreement (Kowloon Canton Railway Corp)

Certificate Conclusive and Binding. Where any provision of this Agreement provides that a Finance Party may certify or determine an amount or rate payable by the BorrowerCo-borrowers, a certificate by such Finance Party as to such amount or rate setting out the computation and basis thereof shall be conclusive and binding on the Borrower Co-borrowers in the absence of manifest error.

Appears in 1 contract

Sources: Loan Agreement (Wuhan General Group (China), Inc)

Certificate Conclusive and Binding. Where any provision of this Agreement provides that a Finance Party may certify or determine an amount or rate payable by the Borrower, a certificate by such Finance Party as to such amount or rate (and showing the computation of such amount or rate) shall be conclusive and binding on the Borrower in the absence of manifest error.

Appears in 1 contract

Sources: Guarantee Issuance Facility Agreement (Kulicke & Soffa Industries Inc)