Common use of Determinations of Calculation Agent Binding Clause in Contracts

Determinations of Calculation Agent Binding. All notifications, opinions, determinations, certificates, calculations, quotations and decisions given, expressed, made or obtained for the purposes of Condition 5 (Interest Payments) by the Calculation Agent, shall (in the absence of manifest error) be binding on the Issuer, the Trustee and the Agents and all Holders and (in the absence of aforesaid) no liability to the Holders, the Issuer or any other person shall attach to the Calculation Agent in connection with the exercise or non-exercise by it of any of its powers, duties and discretions.

Determinations of Calculation Agent Binding. All notifications, opinions, determinations, certificates, calculations, quotations and decisions by the Calculation Agent given, expressed, made or obtained for the purposes of this Condition 5 (Interest Payments) by the Calculation AgentInterest), shall (in the absence of manifest error) be binding on the Issuer, the Trustee other Agents and the Agents and all Holders holders of the Capital Securities and (in the absence of aforesaidmanifest error) no liability to the Holders, holders of the Issuer or any other person Capital Securities shall attach to the Calculation Agent in connection with the exercise or non-exercise by it of any of its powers, duties and discretions.