Common use of Certificate of Increased Costs Clause in Contracts

Certificate of Increased Costs. A certificate from a Lender setting forth the amount or amounts necessary to compensate it or its holding company as specified in Section 15.01(a) (collectively, "Additional Compensation"), including reasonable detail of the basis of calculation of the amount or amounts, and delivered to the Borrower, shall be conclusive absent manifest error. The Borrower shall pay the Additional Compensation to the applicable Lender within 10 days after receipt of any such certificate.

Appears in 2 contracts

Samples: Credit Agreement (McEwen Mining Inc.), Credit Agreement (McEwen Mining Inc.)

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Certificate of Increased Costs. A certificate from a Lender setting forth the amount or amounts necessary to compensate it or its holding company as specified in Section 15.01(a14.01(a) (collectively, "Additional Compensation"), including reasonable detail of the basis of calculation of the amount or amounts, and delivered to the Borrower, shall be conclusive absent manifest error. The Borrower shall pay the Additional Compensation to the applicable Lender within 10 days after receipt of any such certificate.

Appears in 1 contract

Samples: Credit Agreement (McEwen Mining Inc.)

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Certificate of Increased Costs. A certificate from a Lender setting forth the amount or amounts necessary to compensate it or its holding company as specified in Section 15.01(a) (collectively, "β€œAdditional Compensation"”), including reasonable detail of the basis of calculation of the amount or amounts, and delivered to the Borrower, shall be conclusive absent manifest error. The Borrower shall pay the Additional Compensation to the applicable Lender within 10 days after receipt of any such certificate.

Appears in 1 contract

Samples: Credit Agreement (McEwen Mining Inc.)

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