Common use of Compensation Certificate Clause in Contracts

Compensation Certificate. Each demand for compensation under this Section 1.9 shall be accompanied by a certificate of the Bank claiming such compensation, setting forth in reasonable detail the computation of the amounts to be paid hereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, the Bank may use any reasonable averaging and attribution methods.

Appears in 4 contracts

Samples: Loan Modification Agreement (Coffee Holding Co Inc), Loan Modification Agreement (Coffee Holding Co Inc), Loan and Security Agreement (Coffee Holding Co Inc)

AutoNDA by SimpleDocs

Compensation Certificate. Each demand for compensation under this Section 1.9 2.17 shall be accompanied by a certificate of the Lender or Issuing Bank claiming such compensation, setting forth in reasonable detail the computation of the amounts to be paid hereunderhereunder and stating that it is seeking such compensation from its similarly situated borrowers generally, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, the such Lender or Issuing Bank may use any reasonable averaging and attribution methods.

Appears in 3 contracts

Samples: Credit Agreement (Cinedigm Corp.), Credit Agreement (Cinedigm Corp.), Credit Agreement (Cinedigm Corp.)

Compensation Certificate. Each demand for compensation under this Section 1.9 shall be accompanied by a certificate of the Bank Agent or the applicable Lender claiming such compensation, setting forth in reasonable detail the computation of the amounts to be paid hereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, the Bank Agent and any Lender may use any reasonable averaging and attribution methods.

Appears in 3 contracts

Samples: Loan and Security Agreement (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services Inc)

Compensation Certificate. Each demand for compensation under this Section 1.9 2.9 shall be accompanied by a certificate of the Bank claiming such compensation, setting forth in reasonable detail the computation of the amounts to be paid hereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, the Bank may use any reasonable averaging and attribution methods.

Appears in 1 contract

Samples: Credit Agreement (1847 Holdings LLC)

AutoNDA by SimpleDocs

Compensation Certificate. Each demand for compensation under this Section 1.9 1.12 shall be accompanied by a certificate of the Bank Agent claiming such compensation, setting forth in reasonable detail the computation of the amounts to be paid hereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, the Bank Agent may use any reasonable averaging and attribution methods.

Appears in 1 contract

Samples: Loan and Security Agreement (AMERI Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!