Common use of Payable Clause in Contracts

Payable. Each determination by the Administrative Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.

Appears in 1 contract

Sources: Loan Agreement (Omnipoint Corp \De\)

Payable. Each determination by the Administrative Lender Agent of an interest rate hereunder shall be conclusive and binding for all purposesconclusive, absent manifest error.

Appears in 1 contract

Sources: Revolving Loan Agreement (Pilgrim America Prime Rate Trust)