Common use of Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans Clause in Contracts

Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans. A certificate of a Lender or the Agent setting forth the amount or amounts necessary to compensate such Lender or the Agent or its holding company, as the case may be, as specified in Section 5.5.1 [Increased Costs Generally], Section 5.5.2 [Capital Requirements] or Section 5.5.5 [Additional Costs with Respect to Loans in Optional Currencies] and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the Agent, as the case may be, the amount shown as due on any such certificate within ten (10) days after receipt thereof, subject to the provisions of Section 5.5.5 [Additional Costs with Respect to Loans in Optional Currencies].

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

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Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans. A certificate of a Lender or the Agent setting forth the amount or amounts necessary to compensate such Lender or the Agent or its holding company, as the case may be, as specified in Section 5.5.1 4.6.1 [Increased Costs Generally], Section 5.5.2 4.6.2 [Capital Requirements] or Section 5.5.5 4.6.5 [Additional Costs with Respect to Loans in Optional Currencies] and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the Agent, as the case may be, the amount shown as due on any such certificate within ten (10) days after receipt thereof, subject to the provisions of Section 5.5.5 4.6.5 [Additional Costs with Respect to Loans in Optional Currencies].

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

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