Default Interest Rate

Example Definitions of "Default Interest 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
Found in SIGNATURE OFFICE REIT INC contract
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
Found in Glori Energy Inc. contract
Default Interest Rate. A rate per annum equal to the six percent (6%), but in no event in excess of the Maximum Rate.
Found in NCM Financial contract
Default Interest Rate. Means the Overdue Rate and/or the Misappropriation Rate.
Found in Tesla contract
Default Interest Rate. 12.00% per annum.
Found in Better Choice Co Inc. contract
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