Default Rate
Default Rate. SOFR plus 500 basis points
Found in
MediaAlpha, Inc. contract
Default Rate. Means fifteen percent (15.00%) per annum.
Found in
Holicity Inc. contract
Default Rate. At any time, the Applicable Rate plus three percent (3%)
Found in
KONA GOLD SOLUTIONS, INC. contract
Default Rate. Means the lesser of (i) the Interest Rate, plus the rate per annum equal at all times to five percent (5%), or (ii) the maximum rate permitted by applicable law.
Found in
BioCardia, Inc. contract
Default Rate. Shall mean ten percent (10%) per annum, or the highest rate permitted by applicable Law, whichever shall be less.
Default Rate. Means an annual interest rate in effect during a Default Period or following the Termination Date, which interest rate shall be equal to two percent (2.0%) over the applicable Floating Rate or the LIBOR Advance Rate, as the case may be, as such rate may change from time to time.
Found in
CHRISTOPHER & BANKS CORP contract
Default Rate. The Daily Funds Rate plus Ten Percent (10%) per annum.
Found in
Scott's Liquid Gold - Inc. contract
Default Rate. Set forth for such term in Section 2d.
Found in
DONEGAL GROUP INC contract
Default Rate. Shall have the meaning ascribed to such term in the Agreed Upon Terms and Procedures.
Default Rate. Shall mean with respect to any: (a) Note, a rate per annum equal to two percent (2%) per annum in excess of the interest rate which would otherwise be in effect on such Note; or (b) other Obligation, a fluctuating rate per annum equal all times to the sum of the Reference Rate plus 1.50% per annum
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