Maximum Rate

Maximum Rate. When used herein, shall mean the greatest of the rates of interest from time to time permitted under applicable federal and state law. To the extent of the applicability of Article 5069-1.04, as amended, Texas Revised Civil Statutes, the Maximum Rate shall be the highest permitted rate based upon the "indicated rate ceiling", but to the extent now or hereafter permitted by Texas law, Landlord may from time to time implement, withdraw and reinstate any ceiling as an... alternative to the indicated rate ceiling, including the right to reinstate the indicated rate ceiling. View More

Maximum Rate. Shall mean the maximum interest rate allowed by applicable New York law or, to the extent applicable and in the event such rate would impose a lower maximum interest rate under applicable law, United States law, as amended from time to time, in effect on the date for which a determination of interest accrued hereunder is made.

Maximum Rate. Shall mean, with respect to the holder hereof, the highest non-usurious rate of interest, if any, permitted by applicable law on such day. PROMISSORY NOTE - PAGE 1

Maximum Rate. Shall mean the highest interest rate allowed by New York law, as applicable, as amended from time to time, in effect on the date for which a determination of interest accrued hereunder is made; provided however, if United States federal law is preemptive and requires a lower interest rate such rate shall be applicable.

Maximum Rate. Means a rate equal to the 30-Year Treasury Rate plus 6% per annum.

Maximum Rate. Shall mean the maximum lawful non-usurious rate of interest, if any, which under Applicable Law Payee is permitted to charge Maker on the loan evidenced by this Note. If, however, during any period interest accruing on this Note is not limited to any maximum lawful non-usurious rate of interest under Applicable Law, then during each such period the "Maximum Rate" shall be equal to a per annum rate of 18%.

Maximum Rate. The term "Maximum Rate" shall mean, on any day, the highest nonusurious rate of interest (if any) permitted by applicable law on such day. For purposes of Tex. Rev. Civ. Stat. Ann. Art. 5069-1.04(b), as it may from time to time be amended, the "applicable rate ceiling" shall be the "indicated rate" ceiling from time to time in effect as limited by Art. 5069.1.04(b); provided, however, that to the extent permitted by applicable law, Payee reserves the right to change the "applicable rate... ceiling" from time to time by further notice and disclosure to Maker; and, provided further, that the "highest nonusurious rate of interest permitted by applicable law" for purposes of this Note shall not be limited to the applicable rate ceiling under Art. 5069-1.04 if federal laws or other state laws now or hereafter in effect and applicable to this Note (and the interest contracted for, charged and collected hereunder) shall permit a higher rate of interest. View More

Maximum Rate. Has been enacted. (f) Next Business Day. Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment shall be made on the immediately preceding Business Day. (g) Headings. The headings herein are for convenience only, do not constitute a part of this Note and shall not be deemed to limit or affect any of the provisions hereof. (h) Amendments; Waivers. Any modifications, amendments or waivers of the provisions hereof shall require the... prior written consent or approval of the Holder. (i) Usury. To the extent it may lawfully do so, the Company hereby agrees not to insist upon or plead or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, usury laws wherever enacted, now or at any time hereafter in force, in connection with any action or proceeding that may be brought by any Holder in order to enforce any right or remedy under this Note. Notwithstanding any provision to the contrary contained herein, it is expressly agreed and provided that the total liability of the Company under this Note for payments in the nature of interest shall not exceed the maximum lawful rate authorized under applicable law (the "Maximum Rate"). View More

Maximum Rate. Notwithstanding any provision to the contrary contained herein, it is expressly agreed and provided that the total liability of the Company under this Note for payments in the nature of interest shall not exceed the maximum lawful rate authorized under applicable law (the "Maximum Rate").

Maximum Rate. The highest lawful rate of interest permitted to be charged or contracted for in transactions of this type under applicable law.