Common use of No Violation of Usury Law Clause in Contracts

No Violation of Usury Law. The interest rate applicable to the Advance (before giving effect to any savings clause) will not exceed the maximum rate permitted by Applicable Usury Law.

Appears in 8 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (Bluegreen Vacations Corp), Loan Agreement (BBX Capital Corp)

AutoNDA by SimpleDocs

No Violation of Usury Law. The interest rate applicable to the Advance (before giving effect to any savings clause) will not exceed the maximum rate permitted by Applicable Usury Law.. 42 6284.98.1108841.12

Appears in 1 contract

Samples: Loan and Security Agreement (BBX Capital Corp)

AutoNDA by SimpleDocs

No Violation of Usury Law. The interest rate applicable to the Advance (before giving effect to any savings clause) will not exceed the maximum rate permitted by Applicable Usury Lawapplicable law.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!