Common use of Interest Laws Clause in Contracts

Interest Laws. Notwithstanding any provision to the contrary contained in this Agreement or the Other Agreements, Borrower shall not be required to pay, and Bank shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by law ("Excess Interest"). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Agreement or in any of the Other Agreements, then in such event: (a) the provisions of this Paragraph shall govern and control; (b) Borrower shall not be obligated to pay any Excess Interest; (c) any Excess Interest Bank may have received hereunder shall be, at Bank's option, (i) applied as a credit against the outstanding principal balance of Borrower's Liabilities or accrued and unpaid interest (not to exceed the maximum amount permitted by law), (ii) refunded to the payor thereof, or (iii) any

Interest Laws. Notwithstanding any provision to the contrary contained in this Loan Agreement or the any Other AgreementsAgreement, Borrower shall not be required to pay, and Bank Lender shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by applicable law ("“Excess Interest"”). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Loan Agreement or in any of the Other AgreementsAgreement, then in such event: (a1) the provisions of this Paragraph subsection shall govern and control; (b2) Borrower shall not be obligated to pay any Excess Interest; (c3) any Excess Interest Bank that Lender may have received hereunder or under any Other Agreement shall be, at Bank's such Lender’s option, (ia) applied as a credit against the outstanding principal balance of Borrower's ’s Liabilities or accrued and unpaid interest (not to exceed the maximum amount permitted by law), (ii) refunded to the payor thereof, or (iii) anythe

Interest Laws. Notwithstanding any provision to the contrary contained in this Loan Agreement or the Other Agreementsother Loan Documents, Borrower the Borrowers shall not be required to pay, and Bank Lender shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by law ("“Excess Interest"”). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Loan Agreement or in any of the Other Agreementsother Loan Documents, then in such event: (a1) the provisions of this Paragraph subsection shall govern and control; (b2) Borrower the Borrowers shall not be obligated to pay any Excess Interest; (c3) any Excess Interest Bank that Lender may have received hereunder shall be, at Bank's Lender’s option, (ia) applied as a credit against either or both of the outstanding principal balance of Borrower's Liabilities the Loan or accrued and unpaid interest thereunder (not to exceed the maximum amount permitted by law), (iib) refunded to the payor thereof, or (iiic) anyany combination of the foregoing;

Interest Laws. Notwithstanding any provision to the contrary contained in this Agreement or the Other Agreements, Borrower shall not be required to pay, and Bank shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by law ("Excess Interest"). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Agreement or in any of the Other Agreements, then in such event: (a) the provisions of this Paragraph shall govern and control; (b) Borrower shall not be obligated to pay any Excess Interest; (c) any Excess Interest Bank may have received hereunder shall be, at Bank's option, (i) applied as a credit against the outstanding principal balance of Borrower's Liabilities or accrued and unpaid interest (not to exceed the maximum amount permitted by law), (ii) refunded to the payor thereof, or (iii) anyoutstanding

Interest Laws. Notwithstanding any provision to the contrary contained in this Loan Agreement or the any Other AgreementsAgreement, Borrower shall not be required to pay, and Bank Lender shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by applicable law ("Excess Interest"). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Loan Agreement or in any of the Other AgreementsAgreement, then in such event: (a1) the provisions of this Paragraph subsection shall govern and control; (b2) Borrower shall not be obligated to pay any Excess Interest; (c3) any Excess Interest Bank that Lender may have received hereunder or under any Other Agreement shall be, at Banksuch Lender's option, (ia) applied as a credit against the outstanding principal balance of Borrower's Liabilities or accrued and unpaid interest (not to exceed the maximum amount permitted by law), (ii) refunded to the payor thereof, or (iii) any,

Interest Laws. Notwithstanding any provision to the contrary contained in this Agreement or the Other Agreementsother Loan Documents, the Borrower shall not be required to pay, and Bank the Lender shall not be permitted to collect, any amount of interest in excess of the maximum amount of interest permitted by law ("Excess Interest"). If any Excess Interest is provided for or determined by a court of competent jurisdiction to have been provided for in this Agreement or in any of the Other Agreementsother Loan Documents, then in such event: (a1) the provisions of this Paragraph subsection shall govern and control; (b2) the Borrower shall not be obligated to pay any Excess Interest; (c3) any Excess Interest Bank that the Lender may have received hereunder shall be, at Bankthe Lender's option, (ia) applied as a credit against the outstanding principal balance of Borrower's Liabilities the Obligations or accrued and unpaid interest (not to exceed the maximum amount permitted by law), (iib) refunded to the payor thereof, or (iiic) any