Common use of Maximum Interest Payable Clause in Contracts

Maximum Interest Payable. Each of the parties hereto and the Holders of the Notes and the Holders of the Receivables specifically intend and agree to limit contractually the amount of interest payable under the Transaction Documents and all other instruments and agreements related thereto to the maximum amount of interest lawfully permitted to be charged under applicable law. Therefore, none of the terms of the Transaction Documents or any instrument pertaining to or relating thereto shall ever be construed to create a contract to pay interest at a rate in excess of the maximum rate permitted to be charged under applicable law, and none of the Transaction Parties, any guarantor nor any other party liable or to become liable under the Transaction Documents, any guaranty or under any other instruments and agreements related thereto shall ever be liable for interest in excess of the amount determined at such maximum rate, and the provisions of this Section 8.14 shall control over all other provisions of the Transaction Documents, any guaranty or any other instrument pertaining to or relating to the transactions herein and therein contemplated. If any amount of interest taken or received by the Purchaser, any Holder of the Notes or any Holder of the

Maximum Interest Payable. Each of the parties hereto The Company, each Purchaser and the Holders any other holder of the Notes and the Holders of the Receivables specifically intend and agree to limit contractually the amount of interest payable under this Agreement, the Transaction Documents Notes and all other instruments and agreements related hereto and thereto to the maximum amount of interest lawfully permitted to be charged under applicable law. Therefore, none of the terms of this Agreement, the Transaction Documents Notes or any instrument pertaining to or relating thereto to this Agreement or the Notes shall ever be construed to create a contract to pay interest at a rate in excess of the maximum rate permitted to be charged under applicable law, and none of the Transaction PartiesCompany, any guarantor nor Subsidiary Guarantor or any other party liable or to become liable hereunder, under the Transaction DocumentsNotes, any guaranty the Subsidiary Guaranty or under any other instruments and agreements related hereto and thereto shall ever be liable for interest in excess of the amount determined at such maximum rate, and the provisions of this Section 8.14 22.9 shall control over all other provisions of this Agreement, the Transaction DocumentsNotes, any guaranty the Subsidiary Guaranty or any other instrument pertaining to or relating to the transactions herein and therein contemplated. If any amount of interest taken or received by the Purchaser, any Holder of the Notes or any Holder of thea Purchaser or

Maximum Interest Payable. Each Obligor, each Purchaser and each other holder of the parties hereto Notes specifically intends and the Holders of the Notes and the Holders of the Receivables specifically intend and agree agrees to limit contractually the amount of interest payable under this Agreement, the Transaction Documents Notes and all other instruments and agreements related relating hereto and thereto to the maximum amount of interest lawfully permitted to be charged under applicable law. Therefore, none of the terms of this Agreement, the Transaction Documents Notes or any instrument pertaining to or relating thereto to this Agreement or the Notes shall ever be construed to create a contract to pay interest at a rate in excess of the maximum rate permitted to be charged under applicable law, and none of the Transaction Parties, any guarantor nor Obligors or any other party liable or to become liable hereunder, under the Transaction DocumentsNotes, any guaranty and Guaranty or under any other instruments and agreements related hereto and thereto shall ever be liable for interest in excess of the amount determined at such maximum rate, and the provisions of this Section 8.14 23.10 shall control over all other provisions of the Transaction Documentsthis Agreement, any guaranty Notes, any Guaranty or any other instrument pertaining to or relating to the transactions herein and therein contemplated. If any amount of interest taken or received by the Purchaser, any Holder of the Notes or any Holder of theherein