Common use of Maximum Lawful Interest Rate Clause in Contracts

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Notes, the total liability of the Borrower for payment of interest pursuant to this Agreement and the Notes shall not exceed the maximum amount of such interest permitted by law to be charged, collected, or received from the Borrower, and if any payments by the Borrower include interest in excess of such a maximum amount, each Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the Notes, or if none is due, such excess shall be refunded to the Borrower.

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the NotesRevolving Note, the total liability of the Borrower Borrowers for payment of interest pursuant to this Agreement and the Notes Revolving Note shall not exceed the maximum amount of such interest permitted by law to be charged, collected, or received from the Borrower, and if any payments by the Borrower Borrowers include interest in excess of such a maximum amount, each Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the NotesRevolving Note, or if none is due, such excess shall be refunded to the BorrowerBorrowers.

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the NotesNote, the total liability of the Borrower Borrowers for payment of interest pursuant to this Agreement and the Notes Note shall not exceed the maximum amount of such interest permitted by law to be charged, collected, or received from the BorrowerBorrowers, and if any payments by the Borrower Borrowers include interest in excess of such a maximum amount, each Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the NotesNote, or if none is due, such excess shall be refunded to the BorrowerBorrowers.

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the NotesNotes or any other Loan Document, the total liability of the Borrower for payment of interest pursuant to this Agreement and the Notes shall not exceed the maximum amount of such interest permitted by law Law to be charged, collected, or received from the Borrower, and if any payments payment by the Borrower include includes interest in excess of such a maximum amount, each Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the Notes, or if none is due, to the other Obligations, if any, and then such excess shall be refunded to the Borrower.

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the NotesNotes or any other Loan Document, the total liability of the Borrower for payment of interest pursuant to this Agreement and the Notes shall not exceed the maximum amount of such interest permitted by law Law to be charged, collected, or received from the Borrower, and if any payments payment by the Borrower include includes interest in excess of such a maximum amount, each the Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the Notes, or if none is due, to the other Obligations, if any, and then such excess shall be refunded to the Borrower.

Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Notes, the total liability of the Borrower for payment of interest pursuant to this Agreement and the Notes shall not exceed the maximum amount of such interest permitted by law Law to be charged, collected, or received from the Borrower, and if . If any payments by the Borrower include interest in excess of such a maximum amount, each Lender shall apply such excess to the reduction of the unpaid principal amount due pursuant to this Agreement and the Notes, or if none is due, such excess shall be refunded to the Borrower.