Excess Interest Amount Definition Example with 4 Variations

This page contains an example definition of Excess Interest Amount, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Excess Interest Amount. Shall mean, 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 accrued on this Note on or prior to such date.

Variations

Excess Interest Amount. Shall mean, 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 Note (had the applicable Contract Rate at all times been in effect without limitation by the Maximum Rate, Rate) exceeds (ii) the aggregate amount of interest accrued actually received by Payee on this Note on or prior to such date.
Excess Interest Amount. Shall shall mean, 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 Term 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 accrued on this Term Note on or prior to such date.
Excess Interest Amount. Shall shall mean, 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 Amended 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 accrued on this Amended Note on or prior to such date.
Excess Interest Amount. Shall shall mean, 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 Amended 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 accrued on this Amended Note on or prior to such date.
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