Common use of Certificates of Banks Clause in Contracts

Certificates of Banks. A certificate of a Bank as to (a) the amount by which a sum payable to it hereunder is to be increased under Clause 10.1 (Tax Gross-up), (b) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 10.2 (Tax Indemnity), Clause 12.1 (Increased Costs) or Clause 24.1 (Borrower's Indemnity) or (c) the amount of any credit, relief, remission or repayment as is mentioned in Clause 11.3 (Tax Credit Payment) or Clause 11.4 (Tax Credit Clawback) shall, in the absence of manifest error, be prima facie evidence of the existence and amounts of the specified obligations of the Obligors.

Appears in 4 contracts

Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc), Credit Agreement (NTL Inc/De/)

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Certificates of Banks. A certificate of a Bank as to (a) the amount by which a sum payable to it hereunder is to be increased under Clause 10.1 11.1 (Tax Gross-up), (b) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 10.2 11.2 (Tax Indemnity), Clause 12.1 13.1 (Increased Costs) or Clause 24.1 25.1 (Borrower's Indemnity) or (c) the amount of any credit, relief, remission or repayment as is mentioned in Clause 11.3 12.3 (Tax Credit Payment) or Clause 11.4 12.4 (Tax Credit Clawback) shall, in the absence of manifest error, be prima facie evidence of the existence and amounts of the specified obligations of the Obligors.

Appears in 2 contracts

Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)

Certificates of Banks. A certificate of a Bank as to (a) the amount by which a sum payable to it hereunder is to be increased under Clause 10.1 15.1 (Tax Gross-up), (b) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 10.2 15.2 (Tax Indemnity), Clause 12.1 17.1 (Increased Costs) or Clause 24.1 29.1 (Borrower's Borrowers' Indemnity) or (c) the amount of any credit, relief, remission or repayment as is mentioned in Clause 11.3 16.3 (Tax Credit Payment) or Clause 11.4 16.4 (Tax Credit Clawback) shall, in the absence of manifest error, be prima facie evidence of the existence and amounts of the specified obligations of the Obligors.

Appears in 1 contract

Samples: Credit Agreement (NTL Europe Inc)

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Certificates of Banks. A certificate of a Bank as to (a) the amount by which a sum payable to it hereunder is to be increased under Clause 10.1 15.1 (Tax Gross-up), (b) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 10.2 15.2 (Tax Indemnity), Clause 12.1 17.1 (Increased Costs) or Clause 24.1 29.1 (BorrowerParent's Indemnity) or (c) the amount of any credit, relief, remission or repayment as is mentioned in Clause 11.3 16.3 (Tax Credit Payment) or Clause 11.4 16.4 (Tax Credit Clawback) shall, in the absence of manifest error, be prima facie evidence of the existence and amounts of the specified obligations of the Obligors.

Appears in 1 contract

Samples: Credit Agreement (Comple Tel LLC)

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