Common use of Payment at Highest Lawful Rate Clause in Contracts

Payment at Highest Lawful Rate. If either the Borrower or the Canadian Borrower is not obliged to make a payment which it would otherwise be required to make, as a result of Section 5.6(a), the Borrower or the Canadian Borrower, as applicable, shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

Appears in 6 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Mattress CORP)

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Payment at Highest Lawful Rate. If either the Borrower or the Canadian Borrower is not obliged to make a payment which it would otherwise be required to make, make as a result of Section 5.6(a), the Borrower or the Canadian Borrower, as applicable, shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

Appears in 2 contracts

Samples: Credit Agreement (Visant Corp), Credit Agreement (Jostens IH Corp.)

Payment at Highest Lawful Rate. If either the US Borrower or the Canadian Borrower is not obliged to make a payment which it would otherwise be required to make, make as a result of Section 5.6(a), the US Borrower or the Canadian Borrower, as applicable, shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

Appears in 2 contracts

Samples: Credit Agreement (Premdor Finace LLC), Senior Subordinated Loan Agreement (Premdor Finace LLC)

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Payment at Highest Lawful Rate. If either the Borrower or the Canadian Borrower is not obliged to make a payment which it would otherwise be required to make, as a result of this Section 5.6(a)4.01, the Borrower or the Canadian Borrower, as applicable, shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

Appears in 2 contracts

Samples: Credit Agreement (Harley Davidson Inc), Credit Agreement (Harley Davidson Inc)

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