Determination of Losses. A certificate or determination notice of the Lenders or the Agent as to any of the matters referred to in this Section 12, absent manifest error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)
Determination of Losses. A certificate or determination notice of the Agents and the Lenders or the Agent as to any of the matters referred to in this Section 12, absent manifest error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility (Seacor Holdings Inc /New/), Revolving Credit Facility (Seacor Holdings Inc /New/)
Determination of Losses. A certificate or determination notice of the Lenders or the Agent Lender, as to any of the matters referred to in this Section 12Clause 11 shall, absent manifest error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Term Loan Agreement (Teekay Shipping Corp), Term Loan Agreement (Teekay Shipping Corp)
Determination of Losses. A certificate or determination notice of the Lenders Facility Agent or any affected Lender or Participant, as the Agent case may be, as to any of the matters referred to in this Section 1212 shall, absent manifest demonstrative error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (OSG America L.P.), Senior Secured Revolving Credit Facility Agreement (OSG America L.P.)
Determination of Losses. A certificate or determination notice of the Lenders or the Agent Agent, as to any of the matters referred to in this Section 12Clause 15 shall, absent manifest error, shall be conclusive and binding on the BorrowerBorrowers.
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Determination of Losses. A certificate or determination notice of the Lenders or the Agent Lender, as to any of the matters referred to in this Section 12Clause 11 shall, absent manifest error, shall be conclusive and binding on the BorrowerBorrowers.
Appears in 1 contract
Determination of Losses. A certificate or determination notice of the Lenders Administrative Agent or any affected Lender or Participant, as the Agent case may be, as to any of the matters referred to in this Section 1211 shall, absent manifest error, shall be conclusive and binding on the BorrowerBorrowers.
Appears in 1 contract
Determination of Losses. A certificate or determination notice of the Lenders or the Agent Administrative Agent, as to any of the matters referred to in this Section 12Clause 11 shall, absent manifest error, shall be conclusive and binding on the BorrowerBorrowers.
Appears in 1 contract
