Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rate.
Appears in 3 contracts
Samples: Note and Warrant Purchase Agreement (Specialty Catalog Corp), Warrant Agreement (Us Home & Garden Inc), Note and Warrant Purchase Agreement (Specialty Catalog Corp)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company Purchasers to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rate.
Appears in 1 contract
Samples: Note Purchase Agreement (Max & Ermas Restaurants Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company Borrower to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rateApplicable Law.
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (Open Link Financial, Inc.)
Maximum Legal Rate of Interest. Nothing in this Agreement or ------------------------------ in the Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Lionbridge Technologies Inc /De/
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes Convertible Debentures shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Convertible Debenture Purchase Agreement (Kennedy Wilson Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes 2002 Debentures shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company Borrower to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rate.
Appears in 1 contract
Samples: Note Purchase Agreement (Bravo Brio Restaurant Group, Inc.)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company to pay interest at a rate in excess of the maximum highest rate permitted by applicable law and Applicable Law. In the event that a Noteholder receives interest rate otherwise applicable in an amount in excess of the maximum amount allowed by Applicable Law, any excess portion of such interest that may have been paid shall be applied to the Notes (including any default rate principal of interest) the Note, or if it exceeds such unpaid principal, shall be reduced, if necessary, refunded to conform to such maximum ratethe Company.
Appears in 1 contract
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company Borrower to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rateLaw.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Alma Lasers Ltd.)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Senior Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Scottsdale Technologies Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company to pay interest at a rate in excess of the maximum highest rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rateApplicable Law.
Appears in 1 contract
Samples: Securities Purchase Agreement (Loud Technologies Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company any Borrower to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the ------------------------------ Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Loislaw Com Inc
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rateApplicable Law.
Appears in 1 contract
Samples: Intercreditor Agreement (Bh Re LLC)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Senior Notes shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum rateApplicable Law.
Appears in 1 contract
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Convertible Notes or Notes, as applicable, shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Lawson Software Inc
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company Borrowers to pay interest at a rate in excess of the maximum rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Registration Rights Agreement (Odyssey Healthcare Inc)
Maximum Legal Rate of Interest. Nothing in this Agreement or in the Notes shall require the Company to pay interest at a rate in excess of the maximum highest rate permitted by applicable law and the interest rate otherwise applicable to the Notes (including any default rate of interest) shall be reduced, if necessary, to conform to such maximum ratelaw.
Appears in 1 contract
Samples: Note Purchase Agreement (American Seafoods International LLC)
