Valuations binding Sample Clauses

Valuations binding. Any valuation under Clause 15.2, 15.3 or 15.4 shall be binding and conclusive as regards the Borrowers, as shall be any valuation which the Majority Lenders make of any additional security which does not consist of or include a Security Interest.
AutoNDA by SimpleDocs
Valuations binding. Any valuation under this Clause 27 (Security Cover) shall be binding and conclusive as regards each Borrower.
Valuations binding. Any valuation under paragraph (i) of Clause 14.1, Clauses 14.4, 14.5 or 14.6 shall, in the absence of manifest error, be binding and conclusive as regards the Borrower, as shall be any valuation which the Lender makes of a security which does not consist of or include a Security Interest.
Valuations binding. Any valuation under Clause 15.2 (Provision of additional security; prepayment), 15.3 (Valuation of Ship) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower, as shall be any valuation which the Majority Lenders make of any additional security which does not consist of or include a Security Interest.
Valuations binding. Any valuation under Clause 14.1 shall be binding and conclusive as regards the Borrower.
Valuations binding. Any valuation under this Clause 21 shall be binding and conclusive as regards the Borrower.
Valuations binding. Any valuation under Clause 15.5 shall be binding and conclusive as regards the Borrower, as shall be any valuation which the Lender makes of any additional security which does not consist of or include a Security Interest.
AutoNDA by SimpleDocs
Valuations binding. Any valuation under this Clause 23 (Valuations) shall be binding and conclusive as at the date of such valuation as regards the Borrower.
Valuations binding. The value of each Security and other Asset and the net worth of the Partnership as a whole determined pursuant to this Section 7.2 shall be, in the absence of bad faith or manifest error and/or subject to any audit verification, conclusive and binding on all of the Partners and all parties claiming through or under them.
Valuations binding. Any valuation under this Clause 15 (Security Value Maintenance) shall be binding and conclusive as regards the Borrower.
Time is Money Join Law Insider Premium to draft better contracts faster.