Common use of Determinations Conclusive Clause in Contracts

Determinations Conclusive. The Facility 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 7 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.)

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Determinations Conclusive. The Facility Agent shall promptly notify the Borrower of the determination of a rate of interest under this clause Clause 7 and each such determination shall (save in the case of manifest error) be final and conclusive.

Appears in 2 contracts

Samples: Agreement (Teekay Shipping Corp), Loan Agreement (Teekay Shipping Corp)

Determinations Conclusive. The Facility Agent shall promptly notify the Borrower Borrowers of the determination of a rate of interest under this clause 7 Clause 7.12 and each such determination shall (save in the case of manifest error) be final and conclusive.

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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Determinations Conclusive. The Facility Agent shall promptly notify the Borrower and the Lenders under the relevant Tranche of the determination of a rate of interest under this clause Clause 7 and each such determination shall (save in the case of manifest error) be final and conclusive.

Appears in 1 contract

Samples: www.lw.com

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