Common use of Limitation of Rate Clause in Contracts

Limitation of Rate. Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Default Rate, Non-default Rate, or Termination Rate exceed the maximum non-usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged, or received on the subject indebtedness under the law applicable to such party.

Appears in 33 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Limitation of Rate. Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Default Rate, Non-default Non‑default Rate, or Termination Rate exceed the maximum non-usurious non‑usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged, or received on the subject indebtedness under the law applicable to such party.

Appears in 5 contracts

Samples: Agreement, Isda Master Agreement, Isda Master Agreement

Limitation of Rate. Notwithstanding any provision to the contrary contained in this AgreementConfirmation Letter, in no event shall the Default Rate, Non-default Rate, or Termination Rate exceed the maximum non-non- usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged, or received on the subject indebtedness under the law applicable to such party.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Limitation of Rate. Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Default Rate, Non-default Rate, or Termination Rate exceed the maximum non-usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged, or received on the subject indebtedness under the law applicable to such party.]

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Limitation of Rate. Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Default Rate, Non-default Rate, or Termination Rate exceed the maximum non-usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, taken reserved, charged, or received on the subject indebtedness under the law applicable to such party.

Appears in 2 contracts

Samples: Master Agreement (Resaca Exploitation, Inc.), Master Agreement (Resaca Exploitation, Inc.)

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