Certification of amounts. A notice which is signed by 2 officers of the Lender, which states that a specified amount, or aggregate amount, is due to the Lender under this Clause 20 and which indicates (without necessarily specifying a detailed breakdown) the matters in respect of which the amount, or aggregate amount, is due shall be prima facie evidence that the amount, or aggregate amount, is due.
Appears in 36 contracts
Sources: Loan Agreement, Loan Agreement (Box Ships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)
Certification of amounts. A notice which is signed by 2 officers of the Lender, which states that a specified amount, or aggregate amount, is due to the Lender under this Clause 20 21 and which indicates (without necessarily specifying a detailed breakdown) the matters in respect of which the amount, or aggregate amount, is due shall be prima facie evidence that the amount, or aggregate amount, is due.
Appears in 5 contracts
Sources: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (Gala Properties Inc.)