Maximum Rate

Example Definitions of "Maximum Rate"
Maximum Rate. With respect to the holder hereof, the maximum non-usurious interest rate, if any, that at any time, or from time to time, may be contracted for, taken, reserved, charged, or received on the indebtedness evidenced by this Note under the laws which are presently in effect of the United States and the State of Texas applicable to such holder and such indebtedness or, to the extent permitted by law, under such applicable laws of the United States and the State of Texas which may hereafter be in... effect and which allow a higher maximum non-usurious interest rate than applicable laws now allow. To the extent that any of the optional interest rate ceilings provided in Chapter 303 of the Texas Finance Code, as amended from time to time (as amended, the "Texas Finance Code"), may be available for application to any loan(s) or extension(s) of credit under this Note for the purpose of determining the Maximum Rate hereunder pursuant to the Texas Finance Code, the applicable "monthly ceiling" (as such term is defined in Chapter 303 of the Texas Finance Code) from time to time in effect shall be used to the extent that it is so available, and if such "monthly ceiling" at any time is not so available then the applicable "weekly ceiling" (as such term is defined in Chapter 303 of the Texas Finance Code) from time to time in effect shall be used to the extent that it is so available. View More
Maximum Rate. The maximum rate of nonusurious interest permitted from day to day by applicable law
Maximum Rate. For the Noteholder, the maximum non-usurious rate of interest and maximum non-usurious amount of interest that, under applicable Law, the Noteholder is permitted to contract for, charge, take, reserve or receive on the Obligations.
Maximum Rate. With respect to the holder hereof, the highest non-usurious rate of interest, if any, permitted by applicable law on such day
Maximum Rate. The maximum non-usurious rate of interest which, under all applicable statutes, rules and regulations, the Purchasers are permitted to contract for, charge, take, reserve, or receive on the Notes.
Maximum Rate. The maximum lawful rate of interest which may be contracted for, charged, taken, received or reserved by Bank in accordance with the applicable laws of the State of Texas (or applicable United States federal law to the extent that such law permits Bank to contract for, charge, take, receive or reserve a greater amount of interest than under Texas law).
Maximum Rate. The maximum nonusurious interest rate permitted under applicable law
Maximum Rate. The maximum non-usurious rate of interest that, under applicable law, Lender is permitted to contract for, charge, take, reserve or receive on the Principal Amount
Maximum Rate. The highest rate of interest and other charges which may be charged by Holder or which Borrower legally may contract to pay under applicable law.
Maximum Rate. Means the highest non-usurious rate of interest (if any) permitted from day to day by applicable law.
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