Common use of Lender's Certificate Conclusive Clause in Contracts

Lender's Certificate Conclusive. A certificate or determination notice of any Lender as to any of the matters referred to in this Section 11 shall, absent manifest error, be conclusive and binding on the Borrower.

Appears in 8 contracts

Samples: Credit Facility Agreement (Tidewater Inc), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (Omi Corp/M I)

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Lender's Certificate Conclusive. A certificate or determination notice of the Facility Agent or any Lender Lender, as the case may be, as to any of the matters referred to in this Section 11 13 shall, absent manifest error, be conclusive and binding on the Borrower.

Appears in 6 contracts

Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

Lender's Certificate Conclusive. A certificate or determination notice of any Lender as to any of the matters referred to in this Section 11 shall, absent manifest error, be conclusive and binding on the BorrowerBorrowers.

Appears in 3 contracts

Samples: Pledge Agreement (Stolt Nielsen S A), Secured Credit Facility Agreement (Teekay Shipping Corp), Credit Facility Agreement (Top Tankers Inc.)

Lender's Certificate Conclusive. A certificate or determination notice of the Facility Agent or any Lender Lender, as the case may be, as to any of the matters referred to in this Section 11 12 shall, absent manifest error, be conclusive and binding on the BorrowerBorrowers.

Appears in 2 contracts

Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.), Credit Agreement (International Shipholding Corp)

Lender's Certificate Conclusive. A certificate or determination notice of any Lender as to any of the matters referred to in this Section 11 12 shall, absent manifest error, be conclusive and binding on the Borrower.

Appears in 1 contract

Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)

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Lender's Certificate Conclusive. A certificate or determination notice of any Lender as to any of the matters referred to in this Section 11 12 (Illegality, Increased Cost, Non-Availability, Etc.) shall, absent manifest error, be conclusive and binding on the Borrower.

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Lender's Certificate Conclusive. A certificate or determination notice of any Lender as to any of the matters referred to in this Section 11 shall, absent manifest error, bad faith or misconduct, be conclusive and binding on the Borrower.

Appears in 1 contract

Samples: Restatement of Loan Agreement (Gulfmark Offshore Inc)

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