Excess Interest Amount
Excess Interest Amount. On any date, the amount by which (i) the amount of all interest which would have accrued prior to such date on the principal of this Note (had the applicable Contract Rate at all times been in effect without limitation by the Maximum Rate) exceeds (ii) the aggregate amount of interest actually received by Payee on this Note on or prior to such date.
All Definitions
Found in
Fossil Group, Inc. contract