Common use of Lawful Rate of Interest Clause in Contracts

Lawful Rate of Interest. In no event whatsoever shall the amount of interest paid or agreed to be paid to Lender pursuant to this Note exceed the highest lawful rate of interest permissible under applicable law.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Teknik Digital Arts Inc.), Revolving Credit Agreement (Renegy Holdings, Inc.), Revolving Credit Agreement (Teknik Digital Arts Inc.)

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Lawful Rate of Interest. In no event whatsoever shall the amount of interest paid or agreed to be paid to Lender Holder pursuant to this Note or any of the Documents exceed the highest lawful rate of interest permissible under applicable law.. If, from any circumstances whatsoever,

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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