Default Rate Definition Example

This example Default Rate definition appears in 3 contracts from 1 company

Default Rate. Shall mean, with respect to an acceleration of the Loan, a rate per annum equal to the lesser of (a) the Maximum Legal Rate and (b) four percent (4%) above the LIBOR Rate, adjusted from time to time as set forth herein.
MPG Office Trust, Inc. Contracts

(Filed With SEC on May 13, 2004)

(Filed With SEC on May 13, 2004)

(Filed With SEC on May 13, 2004)

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