Default Rate
Default Rate. Shall mean an annual interest rate equal to the lesser of 18% or the maximum interest rate permitted by Applicable Law.
Found in
AIRNET SYSTEMS INC contract
Default Rate. Has the meaning set forth in the Note.
Default Rate. Means a rate per annum of the lesser of (x) the Index Rate plus five percent (5%) or (y) the Maximum Lawful Rate.
Found in
RF MONOLITHICS INC contract
Default Rate. Means the rate of interest payable with respect to overdue amounts on the Securities pursuant to Section 4.01 of the Indenture.
Found in
CKE RESTAURANTS INC contract
Default Rate. Shall mean a floating per annum rate of interest equal to the Prime Rate plus two percent (2%).
Found in
WMS INDUSTRIES INC contract
Default Rate. Shall mean the lower of (i) the Prime Rate plus six percent (6%) or (ii) the Maximum Rate.
Found in
Epicor Software 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. 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.
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