Overdue Rate

Overdue Rate. Means the rate per annum equal to the lesser of (i) 6% plus the prime rate specified under the caption "Money Rates" in the Wall Street Journal (New York edition) on the date that the applicable payment was required to have been made and (ii) the maximum rate permitted by Applicable Laws.

Overdue Rate. The prime rate of interest as published in the Wall Street Journal on the date a payment hereunder was due plus one percent (1%)

Overdue Rate. Has the meaning given to it in paragraph 1 of Clause 5.2 (Default Interest Rate) hereof.