Common use of Criminal Rate of Interest Clause in Contracts

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 2, the Borrowers shall in no event be obliged to make any payments of interest or other amounts payable to the Lenders hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 2, the Borrowers Borrower shall in no event be obliged to make any payments of interest or other amounts payable to the Lenders Administrative Agent or any Lender hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders Administrative Agent or any Lender of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 2, the Borrowers Borrower shall in no event be obliged to make any payments of interest or other amounts payable to the Lenders Agent or any of the Banks hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders any of them of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 23, the Borrowers Borrower shall in no event be obliged to make any payments of interest or other amounts payable to the Lenders hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 23, the Borrowers Borrower shall in no event be obliged to make any payments of interest or other amounts payable to the Lenders Lender hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders Lender of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).

Criminal Rate of Interest. Notwithstanding the foregoing provisions of this Article 2, none of the Borrowers shall in no any event be obliged to make any payments of interest or other amounts payable to the Lenders Lender hereunder in excess of an amount or rate which would be prohibited by law or would result in the receipt by the Lenders Lender of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)).