Interest Rates; Payment of Interest. 2.5.1. The unpaid principal of the Note shall bear interest from the date hereof, at a rate per annum equal to the lesser of the (i) the Floating Rate or such higher rate as is specified in Section 3.3 or (ii) the Highest Lawful Rate.
Appears in 3 contracts
Samples: Credit Agreement (Alpine Summit Energy Partners, Inc.), Credit Agreement (Alpine Summit Energy Partners, Inc.), Credit Agreement (Starboard Resources, Inc.)
Interest Rates; Payment of Interest. 2.5.1. 2.5.1 The unpaid principal of the Note Notes shall bear interest from the date hereof, at a rate per annum equal to the lesser of the six percent (i6.00%) the Floating Rate per annum or such higher rate as is specified in Section 3.3 or (ii) the Highest Lawful Rate3.3.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Lilis Energy, Inc.), Credit and Guaranty Agreement (Lilis Energy, Inc.)
Interest Rates; Payment of Interest. 2.5.1. The unpaid principal balance of the each Note shall bear interest from the date hereof, at a rate per annum equal to the lesser of the (i) the Floating Rate or such higher rate as is specified in Section 3.3 or (ii) the Highest Lawful Rate.
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