Common use of Limitation of Interest and Other Charges Clause in Contracts

Limitation of Interest and Other Charges. Notwithstanding any other provision contained in this Agreement, the Bank does not intend to charge and the Borrower shall not be required to pay any amount of interest or other fees or charges that is in excess of the maximum permitted by applicable law. Any payment in excess of such maximum shall be refunded to the Borrower or credited against principal, at the option of the Bank. It is the express intent hereof that the Borrower not pay and the Bank not receive, directly or indirectly, interest in excess of that which may be lawfully paid under applicable law including the usury laws in force in the state of Florida. Ref# 0000000000 — MCA Enterprises Xxxxxxx Inc. Bridge Loan Agreement This Agreement is executed as of the date stated at the top of the first page. Bank: Bank of America, N.A. By: /s/ Xxxxx X. Xxxxxxxxxx-Xxxxx Authorized Officer Borrower: MCA Enterprises Xxxxxxx, Inc. By: /s/ T. Xxxxxxx Xxxxxx Xxxxxx X. Xxxxxx, President By: /s/ Xxxxx Xxxxxx Xxxxx Xxxxxx, Secretary Address where notices to the Bank are to be sent: Address where notices to the Borrower are to be sent: Bank of America, N.A. MCA Enterprises Xxxxxxx, Inc. Doc Retention — GCF 00000 X 00 Xxxx Xx. Xxx 000 XX0-000-XX-00 Xxxxxxxxxx, XX 00000-0000 00 Xxxxxxxxx Xxxx Road Farmington, CT 06032 Ref# 0000000000 — MCA Enterprises Xxxxxxx Inc. Bridge Loan Agreement Federal law requires Bank of America, N.A. (the “Bank”) to provide the following notice. The notice is not part of the foregoing agreement or instrument and may not be altered. Please read the notice carefully.

Appears in 1 contract

Samples: Bridge Loan Agreement (Diversified Restaurant Holdings, Inc.)

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Limitation of Interest and Other Charges. Notwithstanding any other provision contained in this Agreement, the Bank does dues not intend to charge and the Borrower shall not be required to pay any amount of interest or other fees or charges that is in excess of the maximum permitted by applicable law. Any payment in excess of such maximum shall be refunded to the Borrower or credited against principal, at the option of the Bank. It is the express intent hereof that the Borrower not pay and the Bank not receive, directly or indirectly, interest in excess of that which may be lawfully paid under applicable law including the usury laws in force in the state of Florida. Ref# 0000000000 1000367553 — MCA Enterprises Xxxxxxx Inc. Bridge Real Estate Loan Agreement This Agreement is executed as of the date stated at the top of the first page. Bank: Bank of America, N.A. By: /s/ Xxxxx X. Xxxxxxxxxx-Xxxxx Illegible Authorized Officer Borrower: MCA Enterprises Xxxxxxx, Inc. By: /s/ T. Xxxxxxx Xxxxxx Xxxxxx X. Xxxxxx, President By: /s/ Xxxxx Xxxxxx Xxxxx Xxxxxx, Secretary Address where notices to the Bank are to be sent: Address where notices to the Borrower are to be sent: Bank of America, N.A. MCA Enterprises Xxxxxxx, Inc. Doc Retention — GCF 00000 X 00 Xxxx Xx. Xxx 000 XX0-000-XX-00 Xxxxxxxxxx, XX 00000-0000 00 Xxxxxxxxx Xxxx Road Farmington, CT 06032 Ref# 0000000000 — MCA Enterprises Xxxxxxx Inc. Bridge Loan Agreement Federal law requires Bank of America, N.A. (the “Bank”) to provide the following notice. The notice is not part of the foregoing agreement or instrument and may not be altered. Please read the notice carefully.06032

Appears in 1 contract

Samples: Real Estate Loan Agreement

Limitation of Interest and Other Charges. Notwithstanding any other provision contained in this Agreement, the Bank does dues not intend to charge and the Borrower shall not be required to pay any amount of interest or other fees or charges that is in excess of the maximum permitted by applicable law. Any payment in excess of such maximum shall be refunded to the Borrower or credited against principal, at the option of the Bank. It is the express intent hereof that the Borrower not pay and the Bank not receive, directly or indirectly, interest in excess of that which may be lawfully paid under applicable law including the usury laws in force in the state of Florida. Ref# 0000000000 1000367553 — MCA Enterprises Xxxxxxx Inc. Bridge Real Estate Loan Agreement This Agreement is executed as of the date stated at the top of the first page. Bank: Bank of America, N.A. By: /s/ Xxxxx X. Xxxxxxxxxx-Xxxxx Illegible Authorized Officer Borrower: MCA Enterprises Xxxxxxx, Inc. By: /s/ T. Xxxxxxx Xxxxxx Xxxxxx X. Xxxxxx, President By: /s/ Xxxxx Xxxxxx Xxxxx Xxxxxx, Secretary Address where notices to the Bank are to be sent: Address where notices to the Borrower are to be sent: Bank of America, N.A. MCA Enterprises Xxxxxxx, Inc. Doc Retention — GCF 00000 X 00 Xxxx Xx. Xxx 000 XX0-000-XX-00 Xxxxxxxxxx, XX 00000-0000 00 Xxxxxxxxx Xxxx Road Farmington, CT 06032 Ref# 0000000000 — MCA Enterprises Xxxxxxx Inc. Bridge Loan Agreement Federal law requires Bank of America, N.A. (the “Bank”) to provide the following notice. The notice is not part of the foregoing agreement or instrument and may not be altered. Please read the notice carefully.

Appears in 1 contract

Samples: Estate Loan Agreement (Diversified Restaurant Holdings, Inc.)

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Limitation of Interest and Other Charges. Notwithstanding any other provision contained in this Agreement, the Bank does not intend to charge and the Borrower shall not be required to pay any amount of interest or other fees or charges that is in excess of the maximum permitted by applicable law. law Any payment in excess of such maximum shall be refunded to the Borrower or credited against principal, at the option of the Bank. It is the express intent hereof that the Borrower not pay and the Bank not receive, directly or indirectly, interest in excess of that which may be lawfully paid under applicable law including the usury laws in force in the state of Florida. Ref# 0000000000 — MCA Enterprises Xxxxxxx Inc. Bridge Loan Agreement This Agreement is executed as of the date stated at the top of the first page. Bank: Bank of America, N.A. N.A: By: /s/ Xxxxx X. Xxxxxxxxxx-Xxxxx ________________________________ Authorized Signer, Officer Borrower: MCA Enterprises Xxxxxxx, American Restaurants Concepts Inc. By: /s/ T. ________________________________ Xxxxxxx Xxxxxx Xxxxxx X. XxxxxxXxxxxxxxxxx, President Florida documentary stamp taxes required by law in the amount of By: /s/ Xxxxx Xxxxxx Xxxxx Xxxxxx________________________________ $Affixed [illegible] has been or will be paid Xxxxxxx Xxxxxxxxxxx, Secretary Vice President to the Department of Revenue. Certificate of Registration [illegible] Address where notices to the Bank are to be sent: Address where notices to the Borrower are to be sent: Bank of America, N.A. MCA Enterprises XxxxxxxN A American Restaurants Concepts Inc. Jacksonville – Attn: Notice Desk 00000 Xxxxx Xxxxx West, Inc. Doc Retention — GCF 00000 X 00 Xxxx Xx. Xxx 000 XX0Suite 103 FL9-000100-XX-00 Xxxxxxxxxx03-15 Xxxxxxxxxxxx, XX 00000-00000 0000 00 Xxxxxxxxx Xxxx Road FarmingtonXxxx., CT 06032 Ref# 0000000000 — MCA Enterprises Xxxxxxx 0xx Xxxxx Xxxxxxxxxxxx, XX 00000 Ref #: 1000015857 – American Restaurants Concepts Inc. Bridge AFS Loan Agreement Federal law requires Bank of America, N.A. (the “Bank”) to provide the following noticethree notices. The notice is notices are not part of the foregoing agreement or instrument and may not be altered. Please read the notice notices carefully.

Appears in 1 contract

Samples: Loan Agreement (American Restaurant Concepts Inc)

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