Common use of Certificates of Bank Clause in Contracts

Certificates of Bank. In the event of the Bank claiming reimbursement or compensation under this Article III, the Bank shall deliver to the Company a certificate setting forth in reasonable detail the amount payable to the Bank hereunder and such certificate shall be conclusive and binding on the Company unless objected to by the Company in writing within 30 days of the Company receiving such certificate.

Appears in 2 contracts

Samples: Credit Agreement (Zenith National Insurance Corp), Credit Agreement (Zenith National Insurance Corp)

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Certificates of Bank. In the event of the Bank claiming reimbursement or compensation under this Article ARTICLE III, the Bank shall deliver to the Company a certificate setting forth in reasonable detail the amount payable to the Bank hereunder and such certificate shall be conclusive and binding on the Company unless objected to by the Company in writing within 30 days of the Company receiving such certificate.

Appears in 1 contract

Samples: Credit Agreement (Zenith National Insurance Corp)

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Certificates of Bank. In the event of the Bank The Bank, when claiming reimbursement or compensation under this Article III, the Bank shall deliver to the Company a certificate setting forth in reasonable detail the amount payable to the Bank hereunder and such certificate shall be conclusive and binding on the Company unless objected Borrowers in the absence of manifest error. The Bank agrees to by the Company in writing deliver such certificate within 30 180 days after becoming aware of the Company receiving such certificateany claim for reimbursement or compensation under this Article III.

Appears in 1 contract

Samples: Credit Agreement (Asset Alliance Corp)

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