Common use of Maximum Rate Clause in Contracts

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 53 contracts

Samples: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (Ameriprise Financial Inc), Credit Agreement (Ameriprise Financial Inc)

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Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company Borrower with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 18 contracts

Samples: Credit Agreement (Unified Grocers, Inc.), Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company Borrowers with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 7 contracts

Samples: Credit Agreement (Granite Broadcasting Corp), Credit Agreement (Covanta Energy Corp), Credit Agreement (Covanta Energy Corp)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable lawApplicable Law.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement (Propex International Holdings II Inc.)

Maximum Rate. Notwithstanding the foregoing any provisions of this subsection 2.2Note, in no event shall the amount of interest paid or agreed to be paid by the Company exceed an amount computed at the highest rate of interest payable by Company with respect to any Loan exceed the maximum rate of interest permitted to be charged permissible under applicable law.

Appears in 5 contracts

Samples: Collaboration Agreement (pSivida Corp.), Collaboration Agreement (Alimera Sciences Inc), Collaboration Agreement (Alimera Sciences Inc)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company the Borrower with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 4 contracts

Samples: Credit Agreement (Mosaic Co), Credit Agreement (Mosaic Co), Credit Agreement (Jones Financial Companies LLLP)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company Borrowers with respect to any Revolving Loan or funded drawing under any Letter of Credit exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Covanta Energy Corp), Credit Agreement (Danielson Holding Corp)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company any Borrower with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Sybron Dental Specialties Inc), Credit Agreement (Sybron Dental Specialties Inc)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.22.1, in no event shall the rate of interest payable by Company Borrowers with respect to any Loan funded drawing under any Letter of Credit exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Covanta Energy Corp), Credit Agreement (Danielson Holding Corp)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2Section 2.03, in no event shall the rate of interest payable by Company Borrower with respect to any the Loan exceed the maximum rate of interest permitted to be charged under all applicable lawlaws.

Appears in 1 contract

Samples: Loan Agreement (Decode Genetics Inc)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company Holdings with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Senior Pik Credit Agreement (IntraLinks Holdings, Inc.)

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Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2Section 4, in no event shall the rate of interest payable by Company with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Credit Agreement (Radnor Holdings Corp)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Urs Corp /New/)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2Section 2.3, in no event shall the rate of interest payable by Company Borrower with respect to any the Term Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Intercreditor Agreement (Osprey Technology Acquisition Corp.)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection Subsection 2.2, in no event shall the rate of interest payable by Company the Borrower with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Credit Agreement (Jones Financial Companies LLLP)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by the Company with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Credit Agreement (Ak Steel Holding Corp)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2Subsection B, in no event shall the rate of interest payable by Company Borrower with respect to any Loan exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Company)

Maximum Rate. Notwithstanding the foregoing provisions of this subsection 2.2, in no event shall the rate of interest payable by Company Borrowers with respect to any Loan or funded drawing under any Letter of Credit exceed the maximum rate of interest permitted to be charged under applicable law.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Covanta Energy Corp)

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