Excess Interest. Under no circumstances will the rate of interest chargeable be in excess of the maximum amount permitted by law. If excess interest is charged and paid in error, then the excess amount will be promptly refunded.
Appears in 10 contracts
Samples: Credit Agreement (Cherokee International Corp), Credit Agreement (Cherokee International Corp), Credit Agreement (Cherokee International Finance Inc)
Excess Interest. Under no circumstances will the rate of interest chargeable be in excess of the maximum amount permitted by applicable law. If excess interest is charged and paid in error, then the excess amount will be promptly refunded.
Appears in 1 contract
Samples: Credit Agreement (Universal Technical Institute Inc)
