Common use of Usury Limitation Clause in Contracts

Usury Limitation. All agreements between the Company and the Holder are hereby expressly limited so that in no contingency or event whatsoever, whether by reason of acceleration of maturity of the indebtedness evidenced hereby or otherwise, shall the amount paid or agreed to be paid to the

Appears in 2 contracts

Samples: Promissory Note (Navisite Inc), Promissory Note (Navisite Inc)

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Usury Limitation. All agreements between the Company and the Holder are hereby expressly limited so that in no contingency or event whatsoever, whether by reason of acceleration of maturity of the indebtedness evidenced hereby or otherwise, shall the amount paid or agreed to be paid to thethe Holder for the use or the forbearance of the obligations of NaviSite and its Subsidiaries hereunder exceed the maximum permissible under applicable law. As used herein, the term

Appears in 2 contracts

Samples: Promissory Note (Navisite Inc), Promissory Note (Navisite Inc)

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