Common use of Collateral Agent’s Calculations Clause in Contracts

Collateral Agent’s Calculations. All distributions made by the Collateral Agent pursuant to Section 7.5 shall be final (absent manifest error), and the Collateral Agent shall have no duty to inquire as to the application of any amounts distributed by it.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Verenium Corp)

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Collateral Agent’s Calculations. All distributions made by the Collateral Agent pursuant to Section 7.5 7.3 shall be final (absent manifest error), and the Collateral Agent shall have no duty to inquire as to the application of any amounts distributed by it.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Postmedia Network Canada Corp.)

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Collateral Agent’s Calculations. All distributions made by the Collateral Agent pursuant to Section 7.5 8.5 shall be final (absent manifest error), and the Collateral Agent shall have no duty to inquire as to the application of any amounts distributed by it.

Appears in 2 contracts

Samples: Security Agreement (Cellu Tissue Holdings, Inc.), Note Security Agreement (Cellu Tissue Holdings, Inc.)

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