Common use of Collateral Agent’s Calculations Clause in Contracts

Collateral Agent’s Calculations. In making the determinations and allocations required by Section 5.02, the Collateral Agent may conclusively rely upon information supplied by the Administrative Agent or any Secured Party as to the amounts of unpaid principal and interest and other amounts outstanding with respect to any Obligations of any Grantor, and the Collateral Agent shall have no liability to any of the Secured Parties for actions taken in reliance on such information; provided that nothing in this sentence shall prevent any Grantor from contesting any amounts claimed by the Collateral Agent or any Secured Party in any information so supplied. The Collateral Agent shall supply copies of any final calculations received to the Grantors promptly upon receipt thereof. In addition, for purposes of making the allocations required by Section 5.02 with respect to any amount that is denominated in any currency other than Dollars, the Collateral Agent shall, on the applicable Distribution Date, convert such amount into an amount of Dollars based upon the relevant exchange rate as of a recent date specified by the Collateral Agent in its reasonable discretion. All distributions made by the Collateral Agent pursuant to Section 5.02 shall be (subject to any decree of any court of competent jurisdiction) final (absent manifest error), and the Collateral Agent shall have no duty to inquire as to the application by the Administrative Agent of any amounts distributed to it for distribution to any Lenders

Collateral Agent’s Calculations. In making the determinations and allocations required by Section 5.023.4, the Collateral Agent may conclusively rely upon information supplied by the Administrative Agent or any Secured Party applicable holders of External Sharing Debt as to the amounts of unpaid principal and interest and other amounts outstanding with respect to any the External Sharing Debt Obligations held by such holders and information supplied by the Administrative Agent as to the amounts of any Grantorunpaid principal and interest and other amounts outstanding with respect to the Borrower Obligations, and the Collateral Agent shall have no liability to any of the Secured Parties for actions taken in reliance on such information; , provided that nothing in this sentence shall prevent any Grantor from contesting any amounts claimed by the Collateral Agent or any Secured Party in any information so supplied. The Collateral Agent shall supply copies of any final calculations received to the Grantors promptly upon receipt thereof. In addition, for purposes of making the allocations required by Section 5.02 3.4 with respect to any amount that is denominated in any currency other than Dollars, the Collateral Agent shall, on the applicable Distribution Date, convert such amount into an amount of Dollars based upon the relevant exchange rate Exchange Rate as of a recent date specified by the Collateral Agent in its reasonable discretion. All distributions made by the Collateral Agent pursuant to Section 5.02 3.4 shall be (subject to any decree of any court of competent jurisdiction) final (absent manifest error), and the Collateral Agent shall have no duty to inquire as to the application by the Administrative Agent or any holder of External Sharing Debt of any amounts distributed to it for distribution to any Lendersthem.