Common use of Reliance on Reports Clause in Contracts

Reliance on Reports. The Agent will be entitled to make any determination of the Borrowing Base and of any Applicable Margin or Rate based on the most recent reports or certificates furnished by any Borrower in relation to such matters.

Appears in 3 contracts

Samples: Credit Agreement (Cascades Boxboard Group Inc), Credit Agreement (Cascades Boxboard Group Inc), Credit Agreement (Cascades Inc)

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Reliance on Reports. The Agent will be entitled to make any determination of the Borrowing Base and of any Applicable Margin or Rate based on the most recent reports or certificates furnished by any the Borrower in relation to such matters.

Appears in 1 contract

Samples: Credit Agreement (Neurochem Inc)

Reliance on Reports. The Agent will be entitled to make any determination of the Borrowing Base and or of any Applicable Margin or Rate based on the most recent reports or certificates furnished by any Borrower in relation to such matters.

Appears in 1 contract

Samples: Credit Agreement (AbitibiBowater Inc.)

Reliance on Reports. The Agent will be entitled to make any determination of the Borrowing Base and of any Applicable Margin or Rate or in relation to its power under Section18.3 based on the most recent reports or certificates furnished by any the Borrower in relation to such matters.

Appears in 1 contract

Samples: Credit Agreement (Osisko Gold Royalties LTD)

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Reliance on Reports. The Agent will be entitled to make any determination of the Borrowing Base and of any Applicable Margin or Rate or in relation to its power under Section 17.3 based on the most recent reports or certificates furnished by any the Borrower in relation to such matters.

Appears in 1 contract

Samples: Credit Agreement (Nomad Royalty Co Ltd.)

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