Default Rate
Default Rate. A variable annual interest rate equal to 4 percentage points above the Adjustable Interest Rate in effect from time to time. However, at no time will the Default Rate exceed the Maximum Interest Rate.
Default Rate. A rate equal to the lesser of 4 percentage points above the Interest Rate or the maximum interest rate which may be collected from Borrower under applicable law
Found in
Steadfast Income REIT, Inc. contract
Default Rate. At any time, the Applicable Rate plus 5.0%
Found in
Terra Tech Corp. contract
Default Rate. Shall mean the lesser of (i) eighteen percent (18%) per annum, or (ii) the Highest Lawful Rate.
Default Rate. The lesser of (i) eighteen percent (18%), accrued and compounded monthly, or (ii) the Highest Lawful Rate
Default Rate. An annual interest rate equal to four (4) percentage points above the Fixed Interest Rate. However, at no time will the Default Rate exceed the Maximum Interest Rate.
Found in
Steadfast Income REIT, Inc. contract
Default Rate. A rate per annum equal to the lesser of (i) the maximum rate permitted by applicable law, or (ii) 5% above the Interest Rate, compounded monthly.
Found in
Hines Global REIT, Inc. contract
Default Rate. The meaning ascribed to such term in the Note.
Default Rate. The lower of (i) the Prime Rate plus six percent (6%) or (ii) the Maximum Rate.
Found in
WageWorks, Inc. contract
Default Rate. Fifteen percent (15%) per annum.
All Definitions
Found in
Diamondback Energy contract