Hourly Base Rate of Pay. Employee’s “hourly base rate of pay” is determined by a com- bination of a “basic hourly rate” (Appendix A) and all of the premiums which an employee is entitled.
Limit on Rate of Interest (a) No Payment shall exceed Lawful Rate. Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.