Default Interest Rate

Example Definitions of "Default Interest Rate"
Default Interest Rate. The lower of 10.00% per annum or the maximum interest rate, if any, permitted by law.
Default Interest Rate. A rate per annum equal to the Note Rate plus four percent (4%), but in no event in excess of the Maximum Rate
Default Interest Rate. As to the Bond, as to delinquent payments of Basic Rent under this Lease and the Debt Service on the Bond, the Stated Interest Rate, and as to delinquent payments of Additional Rent under this Lease, means the lesser of the Prime Rate plus 300 basis points or the maximum rate allowed by law
Default Interest Rate. A rate per annum equal to (i) three percent (3%), plus (ii) the interest rate then in effect pursuant to Section 3
Default Interest Rate. A rate per annum equal to the six percent (6%), but in no event in excess of the Maximum Rate.
Default Interest Rate. Means the Overdue Rate and/or the Misappropriation Rate.
Default Interest Rate. 12.00% per annum.
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