Post Default Rate Margin definition
Post Default Rate Margin means the percentage set forth on the Addendum for such term.
Post Default Rate Margin means the lesser of (a) the percentage set forth on the Addendum for such term and (b) the maximum rate permitted by applicable law.
Post Default Rate Margin means the margin set forth on the Addendum for such term.
Examples of Post Default Rate Margin in a sentence
Interest on any sum payable by Seller under this paragraph (g) shall be at a rate equal to the Post Default Rate Margin or the Accounts Receivable Rate, as applicable.
Seller shall reimburse Buyer for any such costs, including, without limitation, per diem interest at the Post Default Rate Margin.
If Buyer elects to make any such payment hereunder, Buyer shall promptly notify Seller thereof, and Seller shall reimburse Buyer for any such costs, including, without limitation, per diem interest at the Post Default Rate Margin.