Common use of Certificate, Etc Clause in Contracts

Certificate, Etc. Each Bank shall promptly notify the Borrower, with a copy to the Administrative Agent, upon becoming aware that the Borrower may be required to make any payment pursuant to this Section 4.03. When requesting payment pursuant to this Section 4.03, such Bank shall provide to the Borrower, with a copy to the Administrative Agent, a certificate, signed by an officer of such Bank, setting forth in reasonable detail the amount required to be paid by the Borrower to such Bank and the computations made by such Bank to determine such amount. The Borrower shall have a 30-day period following the receipt of such certificate (if the Borrower in good faith disagrees with the assertion that any payment under this Section 4.03 is due or with the amount shown as due on such certificate and so notifies such Bank of such disagreement within five Business Days following receipt of such certificate) to negotiate with such Bank, which negotiations shall be conducted by the respective parties in good faith, and to agree upon another amount that will adequately compensate such Bank, it being expressly understood that if the Borrower does not provide the required notice of its disagreement as provided above, then the Borrower shall pay the amount shown as due on the certificate on the tenth Business Day following receipt thereof and further if the Borrower does provide such required notice, and negotiations are entered into in good faith but do not result in agreement by the Borrower and such Bank within the 30-day period, then the Borrower shall pay the amount shown as due on the certificate on the last day of such period.

Certificate, Etc. Each Bank shall promptly notify the BorrowerAPI, with a copy to the Administrative Agent, upon becoming aware that the any Borrower may be required to make any payment pursuant to this Section 4.03. When requesting payment pursuant to this Section 4.03, such Bank shall provide to the BorrowerAPI, with a copy to the Administrative Agent, a certificate, signed by an officer of such Bank, setting forth in reasonable detail the amount required to be paid by the Borrower Borrowers to such Bank and the computations made by such Bank to determine such amount. The applicable Borrower shall have a 30-day period following the receipt of such certificate (if the such Borrower in good faith disagrees with the assertion that any payment under this Section 4.03 is due or with the amount shown as due on such certificate and so notifies such Bank of such disagreement within five Domestic Business Days following receipt of such certificate) to negotiate with such Bank, which negotiations shall be conducted by the respective parties in good faith, and to agree upon another amount that will adequately compensate such Bank, it being expressly understood that if the such Borrower does not provide the required notice of its disagreement as provided above, then the such Borrower shall pay the amount shown as due on the certificate on the tenth Domestic Business Day following receipt thereof and further if the such Borrower does provide such required notice, and negotiations are entered into in good faith but do not result in agreement by the such Borrower and such Bank within the 30-day period, then the such Borrower shall pay the amount shown as due on the certificate on the last day of such period.

Certificate, Etc. Each Bank shall promptly notify the BorrowerAPI, with a copy to the Administrative Agent, upon becoming aware that the any Borrower may be required to make any payment pursuant to this Section 4.03. When requesting payment pursuant to this Section 4.03, such Bank shall provide to the BorrowerAPI, with a copy to the Administrative Agent, a certificate, signed by an officer of such Bank, setting forth in reasonable detail the amount required to be paid by the Borrower Borrowers to such Bank and the computations made by such Bank to determine such amount. The applicable Borrower shall have a 30-day period following the receipt of such certificate (if the such Borrower in good faith disagrees with the assertion that any payment under this Section 4.03 is due or with the amount shown as due on such certificate and so notifies such Bank of such disagreement within five Business Days following receipt of such certificate) to negotiate with such Bank, which negotiations shall be conducted by the respective parties in good faith, and to agree upon another amount that will adequately compensate such Bank, it being expressly understood that if the such Borrower does not provide the required notice of its disagreement as provided above, then the such Borrower shall pay the amount shown as due on the certificate on the tenth Business Day following receipt thereof and further if the such Borrower does provide such required notice, and negotiations are entered into in good faith but do not result in agreement by the such Borrower and such Bank within the 30-day period, then the such Borrower shall pay the amount shown as due on the certificate on the last day of such period.

Certificate, Etc. Each Bank shall promptly notify the BorrowerAPI, with a copy to the Administrative Agent, upon becoming aware that the Borrower Borrowers may be required to make any payment pursuant to this Section 4.03. When requesting payment pursuant to this Section 4.03, such Bank shall provide to the BorrowerAPI, with a copy to the Administrative Agent, a certificate, signed by an officer of such Bank, setting forth in reasonable detail the amount required to be paid by the Borrower Borrowers to such Bank and the computations made by such Bank to determine such amount. The Such Borrower shall have a 30-day period following the receipt of such certificate (if the such Borrower in good faith disagrees with the assertion that any payment under this Section 4.03 is due or with the amount shown as due on such certificate and so notifies such Bank of such disagreement within five Business Days following receipt of such certificate) to negotiate with such Bank, which negotiations shall be conducted by the respective parties in good faith, and to agree upon another amount that will adequately compensate such Bank, it being expressly understood that if the such Borrower does not provide the required notice of its disagreement as provided above, then the such Borrower shall pay the amount shown as due on the certificate on the tenth Business Day following receipt thereof and further if the such Borrower does provide such required notice, and negotiations are entered into in good faith but do not result in agreement by the such Borrower and such Bank within the 30-day period, then the such Borrower shall pay the amount shown as due on the certificate on the last day of such period.