Maximum Rate shall have the meaning assigned to such term in Section 9.09.
Maximum Rate has the meaning specified in Section 10.10.
Maximum Rate shall have the meaning ascribed to such term in Section 5.17.
Examples of Maximum Rate in a sentence
If any TRA Party shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the Tax Benefit Payment, Advance Payment or Early Termination Payment, as applicable (but in each case exclusive of any component thereof comprising interest) or, if it exceeds such unpaid non-interest amount, refunded to the Corporation.
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.
More Definitions of Maximum Rate
Maximum Rate means the maximum nonusurious interest rate under applicable law.
Maximum Rate shall have the meaning provided in Section 12.20.
Maximum Rate has the meaning provided in Section 11.23.
Maximum Rate has the meaning set forth in Section 2.2.
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. With respect to any adjustable rate Mortgage Loan and any Due Period, the maximum Mortgage Interest Rate that may be charged the borrower under the related Mortgage Note. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.