Maximum Interest definition

Maximum Interest. Rate: ___________________ Minimum Interest Rate: ___________________ Interest Reset Dates: ___________________ Interest Determination Dates: ___________________ Calculation Agent: ___________________ Interest Payment Dates: ___________________ Stated Maturity: ___________________ Redeemable by the Redemption Prices Company on or after: (% of Principal Amount): ________________ ___________________ ________________ ___________________ ________________ ___________________ Subject to Repurchase by the Company at the option of Repurchase Prices the holder on: (% of Principal Amount): ________________ ___________________ ________________ ___________________ ________________ ___________________ The "Closing Date" shall be: ___________________ The place to which the Purchased Notes may be checked, packaged and delivered shall be: ___________________ Notices to the Purchasers shall be sent to the following address(es) or telecopier number(s): If we are acting as Representative(s) for the several Purchasers named in Schedule A hereto, we represent that we are authorized to act for such several Purchasers in connection with the transactions contemplated in this Agreement, and that, if there are more than one of us, any action under this Agreement taken by any of us will be binding upon all the Purchasers. All of the provisions contained in the document entitled "Baltimore Gas and Electric Company Standard Purchase Provisions", a copy of which has been previously furnished to us, are hereby incorporated by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions had been set forth in full herein. If the foregoing is in accordance with your understanding of our agreement, kindly sign and return to us the enclosed duplicate hereof, whereupon it will become a binding agreement between the Company and the several Purchasers in accordance with its terms. Very truly yours, [Firm Name] By Title: _______________________ Acting on behalf of and as Representative(s) of the several Purchasers named in Schedule A hereto.* The foregoing Purchase Agreement is hereby confirmed as of the date first above written BALTIMORE GAS AND ELECTRIC COMPANY By _______________________ Title: _____________________ --------------------------------------- * To be deleted if the Purchase Agreement is not executed by one or more Purchasers acting as Representative(s) of the Purchasers for purposes of this Agreement. SCHEDULE A Name of Pur...

Maximum Interest means, as of the date of determination, the total number of shares resulting from the product of the Threshold Percentage and the sum of (i) the total outstanding Voting Securities and (ii) the Warrant Shares owned by the Investor Group.

Maximum Interest means, for any period of determination, the highest rate of interest permitted to be paid under the Agreement under any law that a court of competent jurisdiction shall, in a final and non-appealable determination, deem applicable.

Examples of Maximum Interest in a sentence

• If the applicable Final Terms specifies a Maximum Interest Rate for any Interest Period, then, in the event that the Rate of Interest in respect of such Interest Period determined in accordance with the provisions of paragraph (ii) above is greater than such Maximum Interest Rate, the Rate of Interest for such Interest Period shall be such Maximum Interest Rate.

• If any Maximum Interest Rate or Minimum Interest Rate, Instalment Amount or Redemption Amount is specified in the Terms, then any Interest Rate, Instalment Amount or Redemption Amount shall be subject to such maximum or minimum as the case may be.

• If a Minimum Interest Rate is specified in the Constituting Instrument, then the Interest Rate shall in no event be less than it and if there is so specified a Maximum Interest Rate, then the Interest Rate shall in no event exceed it.

• Minimum and/or Maximum Interest Rate If the applicable Final Terms specifies a Minimum Interest Rate for any Interest Period, then, in the event that the Rate of Interest in respect of such Interest Period determined in accordance with the provisions of paragraph (ii) above is less than such Minimum Interest Rate, the Rate of Interest for such Interest Period shall be such Minimum Interest Rate.

• If the Final Terms specify a Maximum Interest Rate for any Interest Period then, in the event that the Interest Rate in respect of such Interest Period determined in accordance with the provisions of paragraph (b) above is greater than such Maximum Interest Rate, the Interest Rate for such Interest Period shall be such Maximum Interest Rate.

More Definitions of Maximum Interest

Maximum Interest. RATE: ___% per annum with respect to the Class A Notes; ___% with respect to the Class M-2 Notes and ___% with respect to the Class B-1 Notes.

Maximum Interest means the maximum interest in the Offeror’s enlarged

Maximum Interest means Interest plus Unauthorised Overdraft Interest, which applies in general to the relevant type of account at the relevant time.

Maximum Interest. With respect to any Settlement Date, the amount equal to $55.0 million discounted back from the Maturity Date to the applicable Settlement Date at a rate of 8.0% compounded annually.

Maximum Interest. RATE: MINIMUM INTEREST RATE: INTEREST DETERMINATION DATE(S): DESIGNATED LIBOR PAGE: INTEREST ACCRUAL DATE: INTEREST RESET DATE(S): INTEREST RATE RESET INTEREST PAYMENT PERIOD: PERIOD: o Daily o Daily o Monthly o Monthly o Quarterly o Quarterly o Semi-annually o Semi-annually o Annually o Annually o Other: o Other:

Maximum Interest means, with respect to any Quarterly Date, the amount of interest which would have accrued had the unpaid principal of each Domestic Loan from time to time outstanding during the period from the Closing Date to but not including such Quarterly Date borne interest each day during such period at the Highest Lawful Rate in effect on each such day.

Maximum Interest. RATE No provision of this Mortgage or of the Note or of any note evidencing a Future Advance shall require the payment or permit the collection of interest in excess of the maximum non-usurious rate permitted by applicable law. In the event such interest does exceed the maximum legal rate, it shall be canceled automatically to the extent that such interest exceeds the maximum legal rate and if theretofore paid, credited on the principal amount of the Note or, if the Note has been prepaid, then such excess shall be rebated to Mortgagor.