Determination by Agent Sample Clauses
The 'Determination by Agent' clause grants an appointed agent the authority to make decisions or judgments on specific matters outlined in the agreement. In practice, this means the agent can assess compliance, resolve ambiguities, or determine whether certain conditions have been met, often in contexts such as loan agreements or project management contracts. This clause streamlines decision-making, reduces disputes between parties, and ensures that issues are resolved efficiently by a designated, knowledgeable party.
Determination by Agent. Each determination of an interest rate or fee by the Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower in the absence of manifest error.
Determination by Agent. 117 13.20 Interlender Procedure for Making Advances.............................................. 117 13.21 Remittance of Payments................................................................. 119 13.22 Redistribution of Payments............................................................. 119 - iii - TABLE OF CONTENTS (continued)
Determination by Agent. 97 15.20 Interlender Procedure for Making Advances.........................................97 15.21
Determination by Agent