Common use of DEMANDS AND NOTIFICATION BINDING Clause in Contracts

DEMANDS AND NOTIFICATION BINDING. Any demand notification or certificate given by VF in writing and signed by a duly authorised officer of VF specifying any rate of interest or any amounts due and payable under or in connection with any provision of this Agreement and/or the Security Document or any of them shall (in the absence of manifest error or error in law) be conclusive and binding upon the Borrower and in any proceedings against the Borrower shall be conclusive evidence of such rate of interest or amounts so due and payable.

DEMANDS AND NOTIFICATION BINDING. Any demand notification or certificate given by VF in writing and signed by a duly authorised officer of VF specifying any rate of interest or any amounts due and payable under or in connection with any provision of this Agreement and/or the Security Document Documents or any of them shall (in the absence of manifest error or error in law) be conclusive and binding upon the Borrower and in any proceedings against the Borrower shall be conclusive evidence of such rate of interest or amounts so due and payable.