Common use of Limitations of Law Clause in Contracts

Limitations of Law. If any law prohibits or limits any charge or expense provided for in this Agreement in connection with any loan secured hereby, such charge or expense will not be made or incurred in connection with such loan beyond the limits permitted by such law.

Appears in 6 contracts

Samples: Security Agreement (Dawson Production Services Inc), Security Agreement (American Physicians Service Group Inc), Security Agreement (American Physicians Service Group Inc)

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Limitations of Law. If any law prohibits or limits any charge or expense provided for in this Agreement in connection with any loan Obligations secured hereby, such charge or expense will not be made or incurred in connection with such loan Obligations beyond the limits permitted by such law.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (King Luther Capital Management Corp)

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