Maximum Interest definition

Maximum Interest. Rate: ___________________ Minimum Interest Rate: ___________________ Interest Reset Dates: ___________________ Interest Determination Dates: ___________________ Calculation Agent: ___________________ Interest Payment Dates: ___________________ Stated Maturity: ___________________ Redeemable by the Redemption Prices Company on or after: (% of Principal Amount): ________________ ___________________ ________________ ___________________ ________________ ___________________ Subject to Repurchase by the Company at the option of Repurchase Prices the holder on: (% of Principal Amount): ________________ ___________________ ________________ ___________________ ________________ ___________________ The "Closing Date" shall be: ___________________ The place to which the Purchased Notes may be checked, packaged and delivered shall be: ___________________ Notices to the Purchasers shall be sent to the following address(es) or telecopier number(s): If we are acting as Representative(s) for the several Purchasers named in Schedule A hereto, we represent that we are authorized to act for such several Purchasers in connection with the transactions contemplated in this Agreement, and that, if there are more than one of us, any action under this Agreement taken by any of us will be binding upon all the Purchasers. All of the provisions contained in the document entitled "Baltimore Gas and Electric Company Standard Purchase Provisions", a copy of which has been previously furnished to us, are hereby incorporated by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions had been set forth in full herein. If the foregoing is in accordance with your understanding of our agreement, kindly sign and return to us the enclosed duplicate hereof, whereupon it will become a binding agreement between the Company and the several Purchasers in accordance with its terms. Very truly yours, [Firm Name] By Title: _______________________ Acting on behalf of and as Representative(s) of the several Purchasers named in Schedule A hereto.* The foregoing Purchase Agreement is hereby confirmed as of the date first above written BALTIMORE GAS AND ELECTRIC COMPANY By _______________________ Title: _____________________ --------------------------------------- * To be deleted if the Purchase Agreement is not executed by one or more Purchasers acting as Representative(s) of the Purchasers for purposes of this Agreement. SCHEDULE A Name of Pur...
Maximum Interest means, as of the date of determination, the total number of shares resulting from the product of the Threshold Percentage and the sum of (i) the total outstanding Voting Securities and (ii) the Warrant Shares owned by the Investor Group.
Maximum Interest means, for any period of determination, the highest rate of interest permitted to be paid under the Agreement under any law that a court of competent jurisdiction shall, in a final determination, deem applicable.

Examples of Maximum Interest in a sentence

  • If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate.

  • If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate.

  • Neither this Note nor any of the other Loan Documents shall be construed to create a contract for the use, forbearance or detention of money requiring payment of interest at a rate greater than the Maximum Interest Rate.

  • Neither this Note nor any of the other Loan Documents will be construed to create a contract for the use, forbearance, or detention of money requiring payment of interest at a rate greater than the Maximum Interest Rate.

  • If any Maximum Interest Rate or Minimum Interest Rate, Instalment Amount or Redemption Amount is specified in the Terms, then any Interest Rate, Instalment Amount or Redemption Amount shall be subject to such maximum or minimum as the case may be.


More Definitions of Maximum Interest

Maximum Interest. RATE: ___% per annum with respect to the Class A Notes; ___% with respect to the Class M-2 Notes and ___% with respect to the Class B-1 Notes.
Maximum Interest means the maximum interest in the Offeror’s enlarged
Maximum Interest means Interest plus Unauthorised Overdraft Interest, which applies in general to the relevant type of account at the relevant time.
Maximum Interest. RATE: REPAYMENT PRICE(S):
Maximum Interest. Rate: ___________________ Minimum Interest Rate: ___________________ Interest Reset Dates: ___________________
Maximum Interest means, with respect to any Quarterly Date, the amount of interest which would have accrued had the unpaid principal of each Domestic Loan from time to time outstanding during the period from the Closing Date to but not including such Quarterly Date borne interest each day during such period at the Highest Lawful Rate in effect on each such day.
Maximum Interest. RATE No provision of this Mortgage or of the Note or of any note evidencing a Future Advance shall require the payment or permit the collection of interest in excess of the maximum non-usurious rate permitted by applicable law. In the event such interest does exceed the maximum legal rate, it shall be canceled automatically to the extent that such interest exceeds the maximum legal rate and if theretofore paid, credited on the principal amount of the Note or, if the Note has been prepaid, then such excess shall be rebated to Mortgagor.