Common use of Subordinated Guarantee Agent’s Calculations Clause in Contracts

Subordinated Guarantee Agent’s Calculations. In making the determinations and allocations required by Section 6.2, the Subordinated Guarantee Agent may conclusively rely upon information supplied by the Dex East Administrative Agent as to the amounts of unpaid principal and interest and other amounts outstanding with respect to the Dex East Borrower Obligations, information supplied by the Dex West Administrative Agent as to the amounts of unpaid principal and interest and other amounts outstanding with respect to the Dex West Secured Obligations, information supplied by the RHDI Administrative Agent as to the amounts of unpaid principal and interest and other amounts outstanding with respect to the RHDI Borrower Obligations, and information supplied by the SuperMedia Administrative Agent as to the amounts of unpaid principal and interest and other amounts outstanding with respect to the SuperMedia Borrower Obligations, and the Subordinated Guarantee Agent shall have no liability to any of the Credit Parties for actions taken in reliance on any such information, provided, that nothing in this sentence shall prevent any Guarantor from contesting in good faith any amounts claimed by any Credit Party in any information so supplied but in the event of any such contest, the information delivered by any Administrative Agent shall be conclusive, for purposes of the Subordinated Guarantee Agent’s reliance, absent manifest error. Upon the reasonable request of the Subordinated Guarantee Agent, any Administrative Agent or any other Credit Party, as the case may be, shall deliver to the Subordinated Guarantee Agent a certificate setting forth the information specified in this Section 6.4. The Subordinated Guarantee Agent shall have no duty to inquire as to the application by any Administrative Agent in respect of any amounts distributed to such Administrative Agent.

Appears in 5 contracts

Samples: Loan Agreement (Supermedia Inc.), Credit Agreement (Dex Media, Inc.), Credit Agreement (Dex Media, Inc.)

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