Common use of Ceiling Election Clause in Contracts

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any Note and/or any other portion of the Obligations under the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Law, such Lender will rely on United States federal Law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law by giving notice, if required, to Borrower as provided by applicable Law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any Note and/or any other portion of the Obligations under the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by such applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any Note and/or any other portion of the Obligations under the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Law, such Lender will rely on United States federal Law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law by giving notice, if required, to Borrower Borrowers as provided by applicable Law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Revolving Credit Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any such Note and/or any other portion of the Obligations under Indebtedness, the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any the Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any the Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to the Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any such Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from REVOLVING NOTE PAGE 9 OF 13 time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Highest Lawful Rate payable on any this Note and/or or any other portion part of the Obligations under the Loan DocumentsIndebtedness, such Lender Lxxxxx will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Highest Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Highest Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by such applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any such Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any the Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any Note and/or any other portion of the Obligations under Indebtedness, the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any the Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such the Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any the Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to the Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 ---------------- of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender Lxxxxx is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any this Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender Lxxxxx will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any the Lender is Parties are relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate maximum rate payable on any such Note and/or any other portion of the Obligations under Credit Agreement Obligations, the Loan Documents, such Lender Parties will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any the Lender Parties to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such the Lender Parties will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Ratemaximum rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any the Lender Parties may, at its their option and from time to time, utilize any other method of establishing the Maximum Rate maximum rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower the Borrowers as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 ----------------- of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.. 12.25

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any such Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender Xxxxxx is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any this Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender Xxxxxx will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Law, such Lender will rely on United States federal Law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law by giving notice, if required, to Borrower as provided by applicable Law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan Documentsindebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under Indebtedness, the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any the Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any the Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to the Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is the Lenders are relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any each Note and/or any other portion of the Obligations under Obligations, the Loan Documents, such Lender Lenders will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender the Lenders to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender the Lenders will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender the Lenders may, at its their option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower Borrowers as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law federa11aw permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Highest Lawful Rate payable on any this Note and/or or any other portion part of the Obligations under the Loan DocumentsIndebtedness, such Lender Xxxxxx will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Highest Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Highest Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by such applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is the Lenders are relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any Note the Notes and/or any other portion of the Obligations under Obligations, the Loan Documents, such Lender Lenders will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender the Lenders to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender the Lenders will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender the Lenders may, at its their option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower Borrowers as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Term Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender Lxxxxx is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender Lxxxxx will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any such Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower Borrowers as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender Xxxxxx is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any Note the Debt and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 Exhibit 10.3 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any this Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its Lxxxxx’s option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender Payee is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender Payee will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender Payee to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender Payee will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender Payee may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower Maker as provided by such applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any such Promissory Note and/or any other portion of the Obligations under the Loan DocumentsObligations, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsIndebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any the Note and/or any other portion of the Obligations under the Loan DocumentsDebt, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any the Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any such Note and/or any other portion of the Obligations under Indebtedness, the Loan Documents, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any the Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such the Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any the Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to the Borrower as provided by applicable Law law now or hereafter in effect.

Ceiling Election. To the extent that any Lender is relying on Chapter 303 of the Texas Finance Code to determine the Maximum Lawful Rate payable on any Note the note and/or any other portion of the Obligations under the Loan DocumentsRelated Indebtedness, such Lender will utilize the weekly ceiling from time to time in effect as provided in such Chapter 303, as amended. To the extent United States federal Law law permits any Lender to contract for, charge, take, receive or reserve a greater amount of interest than under Texas Lawlaw, such Lender will rely on United States federal Law law instead of such Chapter 303 for the purpose of determining the Maximum Lawful Rate. Additionally, to the extent permitted by applicable Law law now or hereafter in effect, any Lender may, at its option and from time to time, utilize any other method of establishing the Maximum Lawful Rate under such Chapter 303 or under other applicable Law law by giving notice, if required, to Borrower as provided by applicable Law law now or hereafter in effect.