Default Rate

Example Definitions of "Default Rate"
Default Rate. Means the "default rate" of interest per annum specified in the Note.
Found in SWK Holdings Corp contract
Default Rate. Shall mean the interest rate applicable to the Loan after an Event of Default occurs and is continuing, which rate shall be the lesser of (i) eighteen percent (18%) per annum or (ii) the Maximum Lawful Rate, as determined in accordance with Paragraph 9 hereof.
Found in TRUEYOU.COM contract
Default Rate. Means the "default rate" of interest per annum equal to the Prime Rate plus 2% per annum.
Found in Aaron's Inc. contract
Default Rate. Shall mean ten percent (10%) per annum.
Found in American Tower Corp. contract
Default Rate. Means the interest rate equal to the sum of the Applicable Rate plus 2% per annum.
Found in NTN BUZZTIME INC contract
Default Rate. Means an interest rate equal to 5% per annum in excess of the interest rate otherwise payable hereunder.
Found in Gordon Pointe Acquisition Corp. contract
Default Rate. Means sixteen percent (16%).
Found in FTC Solar, Inc. contract
Default Rate. Means, at any time, the Applicable Rate plus six percent (6%).
Found in SINGING MACHINE CO INC contract
Default Rate. Means, at any time, a per annum rate equal to twelve percent (12%).
Found in ESPORTS ENTERTAINMENT GROUP, INC. contract
Default Rate. Shall mean an interest rate equal to the interest rate required by Section 2(a) plus two percent per annum.
Found in ARDENT HEALTH SERVICES LLC contract
All Definitions