Common use of Determinations by the Agent or any Lender for purposes of this Section Clause in Contracts

Determinations by the Agent or any Lender for purposes of this Section. of any increased costs, reduction in return, market contingencies, illegality or any other matter shall, absent manifest error, be conclusive, provided that such determinations are made in good faith. No failure by the Agent or any Lender at any time to demand payment of any amounts payable under this Section shall constitute a waiver of its right to demand payment of any additional amounts arising at any subsequent time. Nothing in this Section shall require or be construed to require the Borrower to pay any interest, fees, costs or other amounts in excess of that permitted by applicable law.

Appears in 4 contracts

Samples: Credit Agreement (Pxre Group LTD), Credit Agreement (Pxre Corp), Credit Agreement (St Joe Co)

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