Default Rate
Default Rate. Shall mean twelve percent (12%).
Default Rate. The per annum rate of interest equal to the Interest Rate plus two percent (2.00%) per annum.
Default Rate. The default interest rate of 18.5% as provided in the Credit Agreement.
Found in
FLORIDA GAMING CORP contract
Default Rate. The Default Rate as defined in Paragraph 7(a)(iv)
Default Rate. The Default Rate as defined in Paragraph 20(b)(iv).
Found in
CrossAmerica Partners LP contract
Default Rate. An annual rate of interest equal to the Prime Rate plus five (5) percentage points, but in no event greater than the maximum interest rate permitted by Legal Requirements
Found in
Titanium Healthcare, Inc. contract
Default Rate. Means an interest rate of eighteen percent (18%) per annum.
Found in
QUANTUMSPHERE, INC. contract
Default Rate. As of any date of determination, the Post Default Rate specified in the Repurchase Agreement; provided that if the Repurchase Agreement is no longer in effect as of such date, the lesser of (i) the Discount Rate plus five percent (5.00%), or (ii) the maximum nonusurious interest rate, if any, that at any time, or from time to time, may be contracted for, taken, reserved, charged or received under the laws of the United States and the State of New York, per annum.
Default Rate. Default Rate means a variable interest rate computed on the basis of a three hundred sixty (360) day year as follows: twelve percent (12%) per annum above the Prime Rate, adjusted as of the date of any change in the Prime Rate.
Found in
Point.360 contract
Default Rate. Means the rate equal to ten percent (10%) per annum or the maximum rate allowed by applicable Law, if lower.
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