Common use of Calculations and Certificates Clause in Contracts

Calculations and Certificates. 32.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 (Control account) are prima facie evidence of the matters to which they relate.

Appears in 5 contracts

Sources: Secured Loan Agreement (Diana Containerships Inc.), Second Supplemental Agreement to a Secured Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)

Calculations and Certificates. 32.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 (Control account) are prima facie evidence of the matters to which they relate.

Appears in 2 contracts

Sources: Secured Loan Agreement (TORM PLC), Secured Loan Agreement (DHT Holdings, Inc.)

Calculations and Certificates. 32.1 33.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 30.10 (Control account) are prima facie evidence of the matters to which they relate.

Appears in 1 contract

Sources: Secured Loan Agreement (Scorpio Bulkers Inc.)

Calculations and Certificates. 32.1 31.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 (Control account) are prima facie evidence of the matters to which they relate.

Appears in 1 contract

Sources: Secured Loan Agreement (Genco Shipping & Trading LTD)

Calculations and Certificates. 32.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 (Control account) are prima facie fade evidence of the matters to which they relate.

Appears in 1 contract

Sources: Secured Loan Facility Agreement (Diana Containerships Inc.)

Calculations and Certificates. 32.1 31.1 Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by the Agent pursuant to Clause 29.10 28.9 (Control account) are prima facie evidence of the matters to which they relaterelate in the absence of manifest error.

Appears in 1 contract

Sources: Secured Loan Agreement (HC2 Holdings, Inc.)