Default Rate

Example Definitions of "Default Rate"
Default Rate. A rate equal to the lower of (a) the Highest Lawful Rate; and (b) fifteen and one half of one percent (15.5%) per annum
Default Rate. A rate per annum equal to two percent (2.00%) plus the rate otherwise applicable as provided in Section 2.
Default Rate. At any time, 18% per annum.
Default Rate. A rate of interest per annum equal to the Interest Rate plus six percent (6%) per annum
Default Rate. That default rate more specifically described in the Note
Default Rate. Four percent (4.0%) in excess of the interest rate accruing under the Note.
Default Rate. Fourteen percent (14%) per annum
Default Rate. The Applicable Rate plus five percent (5%) per annum
Default Rate. Means a per annum interest rate equal to the lesser of (a) twelve percent (12%) or (b) the maximum interest rate allowable by law.
Default Rate. As set forth in Annex A.
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