Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Rate for such purpose) applicable to any Purchaser’s Capital exceeds such Purchaser’s highest lawful rate, the rate of interest (including the Yield Rate for such purpose) on such Purchaser’s Capital shall be limited to such Purchaser’s highest lawful rate.
Appears in 15 contracts
Sources: Receivables Purchase Agreement (Kinetik Holdings Inc.), Receivables Purchase Agreement (Fortrea Holdings Inc.), Receivables Purchase Agreement (Labcorp Holdings Inc.)
Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Discount Rate for such purpose) applicable to any Purchaser’s Capital exceeds such Purchaser’s highest lawful rate, the rate of interest (including the Yield Discount Rate for such purpose) on such Purchaser’s Capital shall be limited to such Purchaser’s highest lawful rate.
Appears in 2 contracts
Sources: Omnibus Amendment (Corpay, Inc.), Receivables Purchase Agreement (Corpay, Inc.)
Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Rate for such purpose) applicable to any Purchaser/Lender’s Capital exceeds such Purchaser/Lender’s highest lawful rate, the rate of interest (including the Yield Rate for such purpose) on such Purchaser/Lender’s Capital shall be limited to such Purchaser/Lender’s highest lawful rate.
Appears in 1 contract
Sources: Receivables Purchase and Financing Agreement (Phillips 66)
Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Rate for such purpose) applicable to any Purchaser/Lender’s Capital exceeds such Purchaser/Lender’s highest lawful rate, the rate of interest (including the Yield 323755005.17 Rate for such purpose) on such Purchaser/Lender’s Capital shall be limited to such Purchaser/Lender’s highest lawful rate.
Appears in 1 contract
Sources: Receivables Purchase and Financing Agreement (Ati Inc)
Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Rate Discount for such purpose) applicable to any Purchaser’s Capital exceeds such Purchaser’s highest lawful rate, the rate of interest (including the Yield Rate Discount for such purpose) on such Purchaser’s Capital shall be limited to such Purchaser’s highest lawful rate.
Appears in 1 contract
Highest Lawful Rate. If at any time the designated rate of interest (including the Yield Rate for such purpose) applicable to any PurchaserIssuer’s Capital exceeds such PurchaserIssuer’s highest lawful rate, the rate of interest (including the Yield Rate for such purpose) on such PurchaserIssuer’s Capital shall be limited to such PurchaserIssuer’s highest lawful rate.
Appears in 1 contract