Common use of Determinations, Etc Clause in Contracts

Determinations, Etc. By Agent. All determinations, calculations and selections made by the Agent in good faith pursuant hereto shall be binding on all parties hereto, absent manifest error. Neither the Agent nor any of its directors, officers or employees shall be liable for any action taken or determination, calculation or selection made, by the Agent hereunder, except that the Agent shall be responsible for its gross negligence, bad faith or willful misconduct.

Determinations, Etc. By Agent. All determinations, calculations and selections made by the Agent in good faith pursuant hereto shall be binding on all parties hereto, absent manifest error. Neither the Agent nor any of its directors, officers or employees shall be liable for any action taken or determination, calculation or selection made, by the Agent hereunder, except that the Agent shall be responsible for its gross negligence, bad faith or willful misconduct.