Common use of Minimum Interest Rates Clause in Contracts

Minimum Interest Rates. Section 2.03(d)(ii) is amended by deleting the words “imposed on interest payments by ACE, the payment of interest due by ACE” and substituting the words “imposed on interest payments by ACE and it is unlawful for any reason for ACE to comply with Section 2.09, the payment of interest due by ACE” therefor.

Appears in 4 contracts

Samples: First Amendment (ACE LTD), First Amendment (ACE LTD), First Amendment (ACE LTD)

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