Maximum Legal Rate. If at any time an interest rate applicable hereunder exceeds the maximum rate permitted by law, such rate shall be reduced to the maximum rate so permitted by law.
Appears in 12 contracts
Samples: Security Agreement (Abtech Holdings, Inc.), Credit Agreement (Abtech Holdings, Inc.), Credit Agreement (Abtech Holdings, Inc.)
Maximum Legal Rate. If at any time an the interest rate applicable hereunder exceeds the maximum rate permitted by law, such rate shall will be reduced to the maximum rate so permitted by law.
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