Common use of Maximum Rate of Interest Clause in Contracts

Maximum Rate of Interest. It is intended that the rate of interest herein shall never exceed the maximum rate, if any, which may be legally charged on the Loans evidenced by this Note (the “Maximum Rate”), and if the provisions for interest contained in this Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate, and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of Lender, returned to Borrower.

Maximum Rate of Interest. It is intended that the rate of interest herein hereon shall never exceed the maximum rate, if any, which may be legally charged on the Loans this Obligation evidenced by this Working Capital Note (the “"Maximum Rate”"), and if the provisions for interest contained in this Working Capital Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate, Rate and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of the Lender, returned to the Borrower.

Maximum Rate of Interest. It is intended that the rate of interest Interest Rate and the Default Rate herein shall never exceed the maximum rate, if any, which may be legally charged on the Loans evidenced by this Note (the “Maximum Rate”), and if the provisions for interest contained in this Note Interest Rate or Default Rate would result in a rate higher than the Maximum Rate, interest the Interest Rate or Default Rate shall nevertheless be limited to the Maximum Rate, Rate and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of Lender, returned to Borrowerthe Borrowers.

Maximum Rate of Interest. It is intended that the rate of interest herein shall never exceed the maximum rate, if any, which may be legally charged on the Loans indebtedness evidenced by this Note (the “Maximum Rate”), and if the provisions for interest contained in this Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate, and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of LenderMoriah, returned to BorrowerInterMetro.