Conformity with Law. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 6 contracts
Samples: Convertible Promissory Note (Rocky Mountain High Brands, Inc.), Promissory Note (Players Network), Secured Promissory Note (Blow & Drive Interlock Corp)
Conformity with Law. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount Principal Amount of this Note.
Appears in 5 contracts
Samples: Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.)
Conformity with Law. It is the intention of the Company and of the Holder Noteholder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted contract for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 4 contracts
Samples: Funding Commitment Agreement (Limitless X Holdings Inc.), Subscription Agreement (Bollente Companies Inc.), Subscription Agreement (Bollente Companies Inc.)
Conformity with Law. It is the intention of the Company and of the Holder Warrantholder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this NoteWarrant, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted contract for, chargeable or receivable under or in respect of this NoteWarrant, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note Warrant or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this NoteWarrant.
Appears in 3 contracts
Samples: Warrant Agreement (Millenium Holding Group Inc /Az/), Warrant Agreement (Millenium Holding Group Inc /Az/), Warrant Agreement (Millenium Holding Group Inc /Az/)
Conformity with Law. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount Principal Amount of this Note.
Appears in 3 contracts
Samples: Loan Agreement (Evio, Inc.), Loan Agreement (Evio, Inc.), Loan Agreement (Evio, Inc.)
Conformity with Law. It is the intention of the Company and of the Holder Noteholder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury usuary and similar laws that are contracted contract for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 2 contracts
Samples: Secured Note (Sitestar Corp), Secured Note (Thehealthchannel Com Inc)
Conformity with Law. It is the intention of the Company and of the Holder Purchaser to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 2 contracts
Samples: Consulting Agreement (Speedemissions Inc), Securities Agreement (GTC Telecom Corp)
Conformity with Law. It is the intention of the Company and of the Holder Holder(s) to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 2 contracts
Samples: Financing Terms Agreement (Cathayonline Inc), Financing Terms Agreement (Cathayonline Inc)
Conformity with Law. It is the intention of the Company and of the Holder Holders to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 1 contract
Conformity with Law. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar lawslaws . Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect respe ct of this Note, shall sha ll under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be either refunded to the Company or credited on the principal amount of this Note.
Appears in 1 contract
Samples: Convertible Promissory Note (Rocky Mountain High Brands, Inc.)
Conformity with Law. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note, shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore ther4etofore paid, shall be either refunded to the Company or be credited on the principal amount of this Note.
Appears in 1 contract
Samples: Exchange Agreement (Rocky Mountain High Brands, Inc.)
