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 14 contracts
Samples: Loan Agreement (Teekay Tankers Ltd.), Loan Agreement, Third Supplemental Agreement (Genco Shipping & Trading LTD)
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: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Teekay Offshore Partners L.P.
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: Loan Agreement (Baltic Trading LTD), 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: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)
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.. 7.13
Appears in 1 contract
Samples: Teekay Corp
