Determinations conclusive The Agent. shall promptly notify the Borrower of the determination of a rate of interest under this Clause 7 and each such determination shall (save in the case of manifest error) be final and conclusive.
Appears in 15 contracts
Samples: Secured Revolving Credit Facility Agreement (Teekay Corp), Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Secured Loan Agreement (Teekay LNG Partners L.P.)
Determinations conclusive The Agent. shall promptly notify the Borrower Borrowers of the determination of a rate of interest under this Clause 7 and each such determination shall (save in the case of manifest error) be final and conclusive.
Appears in 3 contracts
Samples: Secured Credit Facility (Teekay Offshore Partners L.P.), Secured Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Poseidon Containers Holdings Corp.)
Determinations conclusive The Agent. shall promptly notify the Borrower of the determination of a rate of interest under this Clause 7 7.10 and each such determination shall (save in the case of manifest error) be final and conclusive.
Appears in 2 contracts
Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)
Determinations conclusive The Agent. shall promptly notify the Borrower Borrowers of the determination of a rate of interest under this Clause 7 7.10 and each such determination shall (save in the case of manifest error) be final and conclusive.
Appears in 2 contracts
Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)
