Excess Interest

Example Definitions of "Excess Interest"
Excess Interest. As defined in Paragraph 15 hereof.
Found in HORIZON GROUP PROPERTIES INC contract
Excess Interest. Shall mean any amount or rate of interest (including the Default Rate and, to the extent that they may be deemed to constitute interest, any prepayment fees, late charges and other fees and charges) payable, charged or received in connection with any of the Loan Documents which exceeds the maximum amount or rate of interest permitted under applicable law.
Found in PAC-WEST TELECOMM INC contract
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