Default Rate

Example Definitions of "Default Rate"
Default Rate. The average of the Default Rates for such Monthly Period and the immediately preceding three Monthly Periods shall exceed 9.0%
Found in MEDALLION FINANCIAL CORP contract
Default Rate. The lesser of (1) the rate of twelve percent (12%) per annum, and (2) the maximum rate of interest then permissible for a commercial loan to Tenant in the State.
Found in Aptinyx Inc. contract
Default Rate. A rate equal to the lower of (a) the Highest Lawful Rate; and (b) fifteen and one half of one percent (15.5%) per annum
Found in AMYRIS, INC. contract
Default Rate. A rate per annum equal to two percent (2.00%) plus the rate otherwise applicable as provided in Section 2.
Found in Eventbrite, Inc. contract
Default Rate. At any time, 18% per annum.
Found in FAMOUS DAVES OF AMERICA INC contract
Default Rate. A rate of interest per annum equal to the Interest Rate plus six percent (6%) per annum
Found in AEMETIS, INC contract
Default Rate. That default rate more specifically described in the Note
Found in Celsius Holdings, Inc. contract
Default Rate. Four percent (4.0%) in excess of the interest rate accruing under the Note.
Found in SharpLink Gaming Ltd. contract
Default Rate. Fourteen percent (14%) per annum
Found in Unique Fabricating, Inc. contract
Default Rate. The Applicable Rate plus five percent (5%) per annum
Found in Founder SPAC contract
All Definitions