Common use of Determinations Binding Clause in Contracts

Determinations Binding. Each determination and calculation will (in the absence of manifest or proven error) be final and binding upon all parties and Noteholders may not proceed against the Calculation Agent in connection with the carrying out of its duties. When making determinations, the Calculation Agent will act in good faith and a commercially reasonable manner.

Determinations Binding. Each determination and calculation will (in the absence of manifest or proven error) be final and binding upon all parties and Noteholders may not proceed against the Calculation Agent in connection with the carrying out of its duties. When making determinations, the Calculation Agent will act in good faith and a commercially reasonable manner.