Common use of Late Charges; Interest Clause in Contracts

Late Charges; Interest. If any interest rate provided for in any provision of this Lease is based upon a rate in excess of the maximum rate permitted by applicable law, the parties agree that such charges shall be fixed at the maximum permissible rate.

Appears in 21 contracts

Samples: Lease (Alterra Healthcare Corp), Master Lease Agreement (Assisted Living Concepts Inc), Lease (Alterra Healthcare Corp)

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Late Charges; Interest. If any interest rate provided for in any provision of this Lease is based upon a rate in excess of the maximum rate permitted by applicable law, the parties agree that such charges shall be fixed at the maximum permissible rate. -40- 33.3.

Appears in 1 contract

Samples: Master Lease Agreement (Alterra Healthcare Corp)

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Late Charges; Interest. If any late charge or interest rate provided for in any provision of this Lease is based upon a rate in excess of the maximum rate permitted by applicable law, the parties agree that such charges shall be fixed at the maximum permissible rate.

Appears in 1 contract

Samples: Lease (Tesseract Group Inc)

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