Default Interest Rate

Example Definitions of "Default Interest Rate"
Default Interest Rate. Means the lower of sixteen (16%) and the maximum rate permitted by applicable law or by the applicable rules or regulations of any governmental agency or of any stock exchange or other self-regulatory organization having jurisdiction over the Company or the trading of its securities.
Found in EARTH BIOFUELS INC contract
Default Interest Rate. Means the lower of sixteen (16%) fifteen (15%) and the maximum rate permitted by applicable law or by the applicable rules or regulations of any governmental agency or of any stock exchange or other self-regulatory organization having jurisdiction over the Company Corporation or the trading of its securities.
Found in ENER1 INC contract
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Default Interest Rate. The lower of twelve percent (12%) and the highest rate permitted by applicable law.
Found in NEOMAGIC CORP contract
Default Interest Rate. The Means the lower of twelve percent (12%) and the highest maximum rate permitted by applicable law.
Found in TAG ENTERTAINMENT CORP contract
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Default Interest Rate. Shall be the lesser of (i) the then highest permissible rate in the State of Georgia or (ii) three (3%) percent per annum in excess of the prime rate announced publicly from time to time by SunTrust Bank, Atlanta, Georgia, or its success.
Found in Elauwit Connection, Inc. contract
Default Interest Rate. Means the lower of ten percent (10%) and the highest rate permitted by applicable law.
Found in OMNI ENERGY SERVICES CORP contract
Default Interest Rate. Shall have the meaning ascribed to such term in the second paragraph herein.
Found in GOOD GUYS INC contract
Default Interest Rate. Means an annual rate of interest equal to the lesser of (i) two and one-quarter percent (2-1/4%) above the Prime Rate; or (ii) the maximum rate of interest which may lawfully be charged in respect of the Obligations.
Found in ASSOCIATED ESTATES REALTY CORP contract
Default Interest Rate. Subject to the limitations set forth in Section 5 of this Note, a per annum rate of interest equal to the Interest Rate plus three hundred (300) basis points (three percent (3%)).
Found in Omega Healthcare Investors contract
Default Interest Rate. Shall mean an annual rate of interest which --------------------- shall (to the extent permitted by applicable law) at all times be equal to four percent (4%) above the Interest Rate.
Found in HOMEGOLD FINANCIAL INC contract
Default Interest Rate. Interest at a rate equal to six percent (6%) per annum in excess of the Interest Rate in effect immediately prior to the default.
Found in CATALYTICA ENERGY SYSTEMS INC contract
Default Interest Rate. The rate of eighteen percent (18%) per annum. Promissory NoteMangoceuticals, Inc. – April 15, 20251 (e) "Governmental Authority" means the government of any nation or any political subdivision thereof, whether at the national, state, territorial, provincial, municipal or any other level, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or... functions of, or pertaining to, government. View More Arrow
Found in MANGOCEUTICALS, INC. contract
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