MAXIMUM AMOUNT and MAXIMUM RATE respectively

Example Definitions of "MAXIMUM AMOUNT and MAXIMUM RATE respectively"
MAXIMUM AMOUNT and MAXIMUM RATE respectively. Mean the maximum non-usurious amount and the maximum non-usurious rate of interest that, under applicable law, Lender is permitted to contract for, charge, take, reserve or receive on the Obligation.
Found in BLUE DOLPHIN ENERGY CO contract
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