Default Rate
Default Rate. The annual rate of interest that shall apply under this Note after the occurrence of an Event of Default, or if no Event of Default has occurred, after the Maturity Date, which interest rate shall always be 18% per annum (but in no event greater than the maximum amount allowed by law) and shall accrue on the Principal Amount and on any disbursement made by the Administrative Agent or a Lender to protect itself under the terms of the Mortgage.
Found in
Clipper Realty Inc. contract
Default Rate. Default Rate
Found in
LiveXLive Media, Inc. contract
Default Rate. Is the lower of sixteen percent (16%) per annum or the maximum rate not prohibited by applicable law.
Default Rate. With respect to the Loan, the default rate of interest specified in the Loan Documents.
Default Rate. Two (2.00%) percent above the Interest Rate as defined in the Notes.
Found in
Accelerize Inc. contract
Default Rate. An annual rate of interest equal to 10% per annum
Default Rate. An annual rate of interest equal to fifteen percent (15%) per annum
Default Rate. An annual rate of interest equal to 15% per annum
Default Rate. An annual interest rate equal to one and one-half percent (1.5%) over the Floating Rate, which interest rate shall change when and as the Prime Rate changes
Found in
NETLIST INC contract
Default Rate. The meaning set forth in the Note
All Definitions
Found in
KONA GRILL INC contract
