Common use of Compensation Certificate Clause in Contracts

Compensation Certificate. Each demand for compensation under this Section 2.14 shall be accompanied by a certificate of the Lender claiming such compensation, setting forth the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generally, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender may use any reasonable averaging and attribution methods.

Appears in 1 contract

Sources: Credit Agreement (Access Integrated Technologies Inc)

Compensation Certificate. Each demand for compensation under this Section 2.14 2.16 shall be accompanied by a certificate of the Lender or L/C Issuer claiming such compensation, setting forth the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generallyhereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender or L/C Issuer may use any reasonable averaging and attribution methods. The Borrower shall pay such Lender or L/C Issuer, as the case may be, the amount shown due on any such certificate within 10 days after receipt thereof.

Appears in 1 contract

Sources: Credit Agreement (Bombay Company Inc)

Compensation Certificate. Each demand for compensation under this Section 2.14 2.10 shall be accompanied by a certificate of the Lender claiming such compensation, setting forth in reasonable detail the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generallyhereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender may use any reasonable averaging and attribution methods.

Appears in 1 contract

Sources: Credit Agreement (Emeritus Corp\wa\)

Compensation Certificate. Each demand for compensation under this Section 2.14 2.13 shall be accompanied by a certificate of the Lender claiming such compensation, setting forth the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generally, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender may use any reasonable averaging and attribution methods.

Appears in 1 contract

Sources: Credit Agreement (Cinedigm Digital Cinema Corp.)

Compensation Certificate. Each demand for compensation under this Section 2.14 2.11 shall be accompanied by a certificate of the Lender claiming such compensation, setting forth the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generallyhereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender may use any reasonable averaging and attribution methods. The Borrowers shall pay such Lender, as the case may be, the amount shown due on any such certificate within 10 days after receipt thereof.

Appears in 1 contract

Sources: Term Loan Agreement (Bombay Co Inc)

Compensation Certificate. Each demand for compensation under this Section 2.14 2.07 shall be accompanied by a certificate of the Lender (the “Compensation Certificate”) claiming such compensation, setting forth the amounts to be paid hereunder and stating that it is seeking such compensation from its borrowers generallyhereunder, which certificate shall be conclusive, binding and final for all purposes, absent manifest error. In determining such amount, such Lender may use any reasonable averaging and attribution methods.

Appears in 1 contract

Sources: Loan and Security Agreement (Iconix Brand Group, Inc.)