Determination of Losses. A certificate or determination notice of the Lender, as to any of the matters referred to in this Clause 11 shall, absent manifest error, be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Teekay Shipping Corp, Teekay Shipping Corp
Determination of Losses. A certificate or determination notice of the Lender, Agents and the Lenders as to any of the matters referred to in this Clause 11 shallSection 12, absent manifest error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Determination of Losses. A certificate or determination notice of the Lender, Lenders or the Agent as to any of the matters referred to in this Clause 11 shallSection 12, absent manifest error, shall be conclusive and binding on the Borrower.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Credit Facility Agreement (Seacor Smit Inc)
Determination of Losses. A certificate or determination notice of the LenderAdministrative Agent, as to any of the matters referred to in this Clause 11 shall, absent manifest error, be conclusive and binding on the BorrowerBorrowers.
Appears in 1 contract
Samples: Agreement (Teekay Shipping Corp)
Determination of Losses. A certificate or determination notice of the Lender, as to any of the matters referred to in this Clause 11 shall, absent manifest error, be conclusive and binding on the BorrowerBorrowers.
Appears in 1 contract
Samples: Teekay Shipping Corp
