Common use of Certificate of Lender Clause in Contracts

Certificate of Lender. A certificate of Lender setting forth such amount or amounts as will be necessary to compensate Lender as specified above and the basis therefor will be delivered to Borrower and will be conclusive absent manifest error. Borrower will pay Lender the amount shown as due on any such certificate within ten (10) Business Days following demand. Failure on the part of Lender to deliver any such certificate will not constitute a waiver of Lender’s rights to demand compensation for any particular period or any future period. The protection of this Section will be available to Lender regardless of any possible contention of invalidity or inapplicability of the law, rule or regulation, that results in the claim for compensation under this Section.

Appears in 3 contracts

Samples: Senior Credit Agreement (Streamline Health Solutions Inc.), Subordinated Credit Agreement (Streamline Health Solutions Inc.), Senior Credit Agreement (Streamline Health Solutions Inc.)

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Certificate of Lender. A certificate of Lender setting forth such amount or amounts as will be necessary to compensate Lender as specified above and the basis therefor will be delivered to Borrower and will be conclusive absent manifest error. Borrower will pay Lender the amount shown as due on any such certificate within ten (10) Business Days following demand. Failure on 10 days after its receipt of the part of same; provided, however that Lender to will deliver any such certificate will not constitute a waiver to Borrower within six months of Lender’s rights to demand compensation ' obtaining knowledge of the occurrence of an event for any particular period or any future periodwhich Borrower is responsible hereunder. The protection of this Section will be available to Lender regardless of any possible contention of invalidity or inapplicability of the law, rule or regulation, etc., that results in the claim for compensation under this Section.

Appears in 3 contracts

Samples: Loan Agreement (Kroll O Gara Co), Loan Agreement (Kroll O Gara Co), Loan Agreement (Kroll O Gara Co)

Certificate of Lender. A certificate of Lender setting forth such amount or amounts as will be necessary to compensate Lender as specified above and the basis therefor will be delivered to Borrower and will be conclusive absent manifest error. Borrower will pay Lender the amount shown as due on any such certificate within ten (10) Business Days following demand10 days after its receipt of the same. Failure on the part of Lender to deliver any such certificate will not constitute a waiver of Lender’s 's rights to demand compensation for any particular period or any future period. The protection of this Section will be available to Lender regardless of any possible contention of invalidity or inapplicability of the law, rule or regulation, etc., that results in the claim for compensation under this Section.

Appears in 2 contracts

Samples: Loan Agreement (Build a Bear Workshop Inc), Loan Agreement (Build a Bear Workshop Inc)

Certificate of Lender. A certificate of Lender setting forth such amount or amounts as will be necessary to compensate Lender as specified above and the basis therefor will be delivered to Borrower and will be conclusive absent manifest error. Borrower will pay Lender the amount shown as due on any such certificate within ten (10) Business Days following demand30 days after its receipt of the same. Failure on the part of Lender to deliver any such certificate will not constitute a waiver of Lender’s 's rights to demand compensation for any particular period or any future period. The protection of this Section will be available to Lender regardless of any possible contention of invalidity or inapplicability of the law, rule or regulation, etc., that results in the claim for compensation under this Section.

Appears in 1 contract

Samples: Loan Agreement (Build a Bear Workshop Inc)

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Certificate of Lender. A certificate of Lender setting forth such amount or amounts as will be necessary to compensate Lender as specified above and the basis therefor will be delivered to Borrower and will be conclusive absent manifest error. Borrower will pay Lender the amount shown as due on any such certificate within ten (10) Business Days following demand10 days after its receipt of the same. Failure on the part of Lender to deliver any such certificate will not constitute a waiver of Lender’s rights to demand compensation for any particular period or any future period. The protection of this Section will be available to Lender regardless of any possible contention of invalidity or inapplicability of the law, rule or regulation, etc., that results in the claim for compensation under this Section.

Appears in 1 contract

Samples: Loan Agreement (Multi Color Corp)

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