Maximum Rate Permitted by Law. No interest or fee to be paid hereunder shall be paid at a rate exceeding the maximum rate permitted by applicable law. In the event that such interest or fee exceeds such maximum rate, such interest or fees shall be reduced or refunded, as the case may be, so as to be payable at the highest rate recoverable under applicable law.
Appears in 25 contracts
Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement
Maximum Rate Permitted by Law. No interest or fee to be paid hereunder shall be paid at a rate exceeding the maximum rate permitted by applicable lawApplicable Law. In the event that such interest or fee exceeds such maximum rate, such interest or fees shall be reduced or refunded, as the case may be, so as to be payable at the highest rate recoverable under applicable lawApplicable Law.
Appears in 7 contracts
Samples: Credit Agreement, Credit Agreement (Powell Industries Inc), Credit Agreement (Vitran Corp Inc)
Maximum Rate Permitted by Law. No interest or fee to be paid hereunder shall be paid at a rate exceeding the maximum rate permitted by applicable lawApplicable Law. In the event that any such interest or fee exceeds such maximum rate, such interest or fees fee shall be reduced or refunded, as the case may be, so as to be payable at the highest rate recoverable under applicable lawApplicable Law.
Appears in 3 contracts
Samples: Amended and Restated Credit Agreement (Sundial Growers Inc.), Credit Agreement (PRECISION DRILLING Corp), Credit Agreement (Precision Diversified Oilfield Services Corp.)
Maximum Rate Permitted by Law. β No interest or fee to be paid hereunder shall be paid at a rate exceeding the maximum rate permitted by applicable lawApplicable Law. In the event that any such interest or fee exceeds such maximum rate, such interest or fees fee shall be reduced or refunded, as the case may be, so as to be payable at the highest rate recoverable under applicable lawApplicable Law.
Appears in 1 contract
Samples: Credit Agreement
Maximum Rate Permitted by Law. No interest or fee to be paid hereunder shall be paid at a rate exceeding the maximum rate permitted by applicable lawApplicable Law. In the event that such interest or fee exceeds such maximum rate, such interest or fees shall be reduced or refunded, as the case may be, so as to be payable at the highest rate recoverable under applicable law.Applicable Law..
Appears in 1 contract
Samples: Credit Agreement (Vitran Corp Inc)
