Default Interest Rate

Example Definitions of "Default Interest Rate"
Default Interest Rate. The lower of fifteen percent (15%) and the highest rate permitted by applicable law.
Default Interest Rate. The lower of (i) the Applicable Interest Rate then in effect plus five percent (5.0%) and (ii) the maximum rate permitted by applicable law or by the applicable rules or regulations of any Governmental Authority.
Default Interest Rate. The lower of eighteen (18%) per annum and the maximum rate permitted by applicable Governmental Requirements.
Default Interest Rate. Is defined in the Note.
Default Interest Rate. The Interest Rate plus four percent (4%).
Default Interest Rate. Means a rate of interest equal to the lesser of (a) the aggregate of THREE PERCENT (3.0%) per annum plus the Interest Rate and (b) the highest rate legally permissible under applicable law. The Default Interest Rate shall change from time to time as and when the Interest Rate changes.
Default Interest Rate. A rate of interest equal to eight percent (8%) per annum
Default Interest Rate. The rate, as determined by the Lender, applying to the principal element of an overdue amount under Clause 6.3, calculated as the sum of the interest rate in effect immediately before the due date of such amount, plus 1%
Default Interest Rate. An annual rate of interest equal to twelve percent (12%)
Default Interest Rate. The lower of 10.00% per annum or the maximum interest rate, if any, permitted by law.
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