Maximum Rate definition

Maximum Rate shall have the meaning assigned to such term in Section 9.09.

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Maximum Rate has the meaning specified in Section 10.09.

Maximum Rate has the meaning set forth in Section 9.13.

Examples of Maximum Rate in a sentence

In determining whether the interest contracted for, charged, or received by an Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.
If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower.
If any Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrowers.

Maximum Rate shall have the meaning ascribed to such term in Section 5.17.

Maximum Rate means the maximum nonusurious interest rate under applicable law.

Maximum Rate shall have the meaning provided in Section 12.20.

Maximum Rate shall have the meaning assigned to such term in Section 2.3.

Maximum Rate has the meaning specified in Section 3.3.

Maximum Rate means, on any day, the highest rate of interest (if any) permitted by Applicable Law on such day.

Maximum Rate. As to any Mortgage Loan, the maximum rate set forth on the related Mortgage Note at which interest can accrue on such Mortgage Loan.