PROHIBITION AGAINST USURY. If any late charges provided for in any provision of this Lease are based upon a rate in excess of the maximum rate permitted by applicable law, the parties agree that such charges shall be fixed at the maximum permissible rate.
Appears in 23 contracts
Samples: Lease (Golf Trust of America Inc), Lease ( (Presidio Golf Trust), Lease (Golf Trust of America Inc)
PROHIBITION AGAINST USURY. If any late charges provided for in ------------------------- any provision of this Lease are based upon a rate in excess of the maximum rate permitted by applicable law, the parties agree that such charges shall be fixed at the maximum permissible rate.
Appears in 4 contracts
Samples: Lease (National Golf Properties Inc), Executive Original (National Golf Properties Inc), Lease (National Golf Properties Inc)
