Payment Certificates. Each payment pursuant to subparagraphs (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Bank demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by the Bank to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time.
Appears in 2 contracts
Sources: Credit Agreement (Merrill Lynch Senior Floating Rate Fund Ii Inc), Credit Agreement (Merrill Lynch Sr Float Rate Fd)
Payment Certificates. Each payment pursuant to subparagraphs subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Bank Credit Party demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by the Bank any Credit Party to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time.
Appears in 2 contracts
Sources: Credit and Guarantee Agreement (Simmons Media Group Inc), Credit and Guarantee Agreement (Antec Corp)
Payment Certificates. Each payment pursuant to subparagraphs subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Bank Lender demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by the Bank any Lender to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time.
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