Determinations Conclusive. The Lender 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 3 contracts
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (Paragon Shipping Inc.), Secured Loan Agreement (Top Ships Inc.)
Determinations Conclusive. The Lender 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 1 contract
Samples: Secured Loan Agreement (Danaos Corp)
