Common use of Valuations binding Clause in Contracts

Valuations binding. Any valuation under this Clause 24 (Security Cover) shall (absent manifest error) be binding and conclusive as regards the Borrower.

Appears in 2 contracts

Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.)

Valuations binding. Any valuation under this Clause 24 26 (Security Cover) shall (absent manifest error) be binding and conclusive as regards the each Borrower, save for any manifest error.

Appears in 1 contract

Sources: Term Loan Facility (Global Ship Lease, Inc.)