Common use of Highest Lawful Rate Clause in Contracts

Highest Lawful Rate. In no event shall the Company be obligated to pay the Lenders interest, charges or fees at a rate in excess of the highest rate permitted by applicable law.

Appears in 3 contracts

Samples: Loan Agreement (Durus Life Sciences Master Fund LTD), Loan Agreement (Aksys LTD), Loan Agreement (Aksys LTD)

AutoNDA by SimpleDocs

Highest Lawful Rate. In no event shall the Company be obligated to pay the Lenders interest, charges or fees at a rate in excess of the highest rate permitted by applicable lawlaw (the “Highest Lawful Rate”); provided, however, that notwithstanding the foregoing, the Company shall pay the Lenders such interest, charges, and fees not in excess of the Highest Lawful Rate as required by the terms of this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Marrone Bio Innovations Inc), Loan Agreement (Marrone Bio Innovations Inc), Loan Agreement (Marrone Bio Innovations Inc)

AutoNDA by SimpleDocs

Highest Lawful Rate. In no event shall the Company be obligated to pay the Lenders Lender interest, charges or fees at a rate in excess of the highest rate permitted by applicable law.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Aksys LTD), Bridge Loan Agreement (Durus Life Sciences Master Fund LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.