Common use of Maximum Rate Clause in Contracts

Maximum Rate. (i) In no contingency or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement charged or collected pursuant to the terms of this Agreement exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.

Appears in 19 contracts

Samples: Credit Agreement (Owens Corning), Credit Agreement (Owens Corning), Credit Agreement (Owens Corning)

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Maximum Rate. (i) In no contingency or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement charged or collected pursuant to the terms of this Agreement exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.

Appears in 3 contracts

Samples: Credit Agreement (Twin Disc Inc), Credit Agreement (Twin Disc Inc), Credit Agreement (Twin Disc Inc)

Maximum Rate. (i) In no contingency or event whatsoever shall the aggregate of all amounts deemed interest hereunder or under this Agreement any of the Notes charged or collected pursuant to the terms of this Agreement or pursuant to any of the Notes exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.applicable

Appears in 2 contracts

Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Wackenhut Corrections Corp)

Maximum Rate. (i) In no contingency or event whatsoever shall the aggregate of all amounts deemed interest hereunder or under this Agreement any of the Notes charged or collected pursuant to the terms of this Agreement or pursuant to any of the Notes exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.which

Appears in 1 contract

Samples: Credit Agreement (Dollar Express Inc)

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Maximum Rate. (i) In no contingency or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement or any other Revolving Loan Document charged or collected pursuant to the terms of this Agreement or any other Revolving Loan Document exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.

Appears in 1 contract

Samples: Credit Agreement (Cott Corp /Cn/)

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