Common use of Rate of Interest Clause in Contracts

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 34 contracts

Samples: Interlocal Agreement, Interlocal Agreement, Interlocal Agreement

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Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable lawApplicable Law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 18 contracts

Samples: Vocational Training Program Externship Agreement, Interlocal Agreement, Community Development Block Grant Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 11 contracts

Samples: Interlocal Agreement, Consultant Services Agreement, System and Services Agreement

Rate of Interest. If If, for whatever reason, the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 9 contracts

Samples: Disbursement Agreement, Water Safety Education and Instruction Services Agreement, Agreement Between Broward County and [Second Party]

Rate of Interest. If If, for whatever reason, the preceding subsection is inapplicable or section is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall will be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 3 contracts

Samples: Service Agreement, Family Counseling Program Agreement, Service Agreement

Rate of Interest. If In any instance where the prohibition or limitations of the preceding subsection is inapplicable or is are determined to be invalid or unenforceable by a court of competent jurisdictionunenforceable, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one be .025 percent (0.25%) simple interest (uncompounded).

Appears in 3 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement, Consultant Services Agreement

Rate of Interest. If the preceding subsection section is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall will be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 3 contracts

Samples: Cultural Incentive Agreement, Cultural Incentive Agreement, Cultural Incentive Agreement

Rate of Interest. If the preceding subsection is inapplicable or If, for whatever reason, Section 12.19.1 is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 2 contracts

Samples: Commission Agreement, Commission Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full fullest extent permissible under applicable law, .025% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 2 contracts

Samples: Interlocal Agreement, Interlocal Agreement

Rate of Interest. If the preceding subsection section is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreementthe Grant Agreement and/or Grant Program Terms, whether as prejudgment interest or for any other purpose, shall will be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 2 contracts

Samples: Cultural and Artistic Facilities Capital Grant Agreement, Grant Agreement

Rate of Interest. If In any instance where the preceding prohibition or limitations of the foregoing subsection is inapplicable or is are determined to be invalid or unenforceable by a court of competent jurisdictionunenforceable, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one be .025 percent (0.25%) simple interest (uncompounded).

Appears in 2 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall will be, to the full extent permissible under applicable lawApplicable Law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 2 contracts

Samples: Referral Rate Agreement, Service Agreement

Rate of Interest. If If, for whatever reason, the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County any of the Parties under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 1 contract

Samples: Interlocal Agreement

Rate of Interest. If If, for whatever reason, the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall will be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Agreement Between Broward County and the State of Florida, Department of Health for Patient Prescription Medications

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall must be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Funding Agreement

Rate of Interest. If the preceding subsection is inapplicable or If, for whatever reason, Section 10.13.1 is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 1 contract

Samples: Consultation Services Agreement

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Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, be to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 1 contract

Samples: Concession Agreement

Rate of Interest. If the preceding subsection is inapplicable or If, for whatever reason, Section 13.19.1 is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 1 contract

Samples: Commission Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County Governmental Agency under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable lawApplicable Law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Agreement for Publicly Accessible Website for Legal Notices

Rate of Interest. If the preceding subsection paragraph is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County or City under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Grant Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this the Subgrant Award Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable lawApplicable Law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Subgrant Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County Authority under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable lawApplicable Law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Consultant Services Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one percent (0.25.025%) simple interest (uncompounded).

Appears in 1 contract

Samples: Consultant Services Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Amended Agreement, whether as a prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).

Appears in 1 contract

Samples: Professional Services

Rate of Interest. If If, for whatever reason, the preceding subsection is inapplicable or section is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, 0.25% (one quarter of one percent (0.25%percent) simple interest (uncompounded).

Appears in 1 contract

Samples: Service Agreement

Rate of Interest. If the preceding subsection is inapplicable or is determined to be invalid or unenforceable by a court of competent jurisdiction, the annual rate of interest payable by County under this Agreement, whether as prejudgment interest or for any other purpose, shall be, to the full extent permissible under applicable law, one quarter of one percent (0.25%) simple interest (uncompounded).uncompounded).β€Œ

Appears in 1 contract

Samples: Technology Products Agreement

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