Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Revolving Note, the total liability of the Borrowers for payment of interest pursuant to this Agreement and the 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 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 Revolving Note, or if none is due, such excess shall be refunded to the Borrowers.
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Samples: Loan Agreement (Eastern Insurance Holdings, Inc.), Loan Agreement (Eastern Insurance Holdings, Inc.)
Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Revolving NoteNotes, the total liability of the Borrowers Borrower for payment of interest pursuant to this Agreement and the Revolving Note 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 Borrowers 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 Revolving NoteNotes, or if none is due, such excess shall be refunded to the BorrowersBorrower.
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Samples: Revolving Credit and Term Loan Agreement (Adelphia Communications Corp), Revolving Credit Agreement (Specialty Products & Insulation Co)
Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Revolving NoteNotes, the total liability of the Borrowers Borrower for payment of interest pursuant to this Agreement and the Revolving Note 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 Borrowers 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 Revolving NoteNotes, or if none is due, such excess shall be refunded to the BorrowersBorrower.
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Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Revolving NoteNotes or any other Loan Document, the total liability of the Borrowers Borrower for payment of interest pursuant to this Agreement and the Revolving Note 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 Borrowers include Borrower 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 Revolving NoteNotes, or if none is due, to the other Obligations, if any, and then such excess shall be refunded to the BorrowersBorrower.
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Samples: Credit Agreement (Nco Group Inc)
Maximum Lawful Interest Rate. Notwithstanding any provision contained in this Agreement or the Revolving Note, the total liability of the Borrowers for payment of interest pursuant to this Agreement and the Revolving 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 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 Revolving Note, or if none is due, such excess shall be refunded to the Borrowers.
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