Common use of Certificates and determinations Clause in Contracts

Certificates and determinations. (a) The Finance Parties make the certifications or determinations of a rate or amount under any Finance Document in the exercise of their unilateral right to specify performance (einseitiges Leistungsbestimmungsrecht) which they will exercise with reasonable discretion (billiges Ermessen).

Appears in 10 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Facilities Agreement (HeidelbergCement AG)

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Certificates and determinations. (a) 157. The Finance Parties make the certifications or determinations of a rate or amount under any Finance Document in the exercise of their unilateral right to specify performance (einseitiges Leistungsbestimmungsrecht) which they will exercise with reasonable discretion (billiges Ermessen).

Appears in 1 contract

Samples: Electronic Platform Agreement (Hillenbrand, Inc.)

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