Usury Laws definition

Usury Laws means any applicable laws, statutes, rules, regulations or ordinances limiting, governing or otherwise regulating the rate or amount of Interest or the manner which Interest may be calculated, charged, collected, paid, contracted for or disclosed.

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Usury Laws means, collectively, the usury laws of the State of Texas (or the usury laws of any other state that might be determined by a court of competent jurisdiction to be applicable notwithstanding such choice of law).

Usury Laws means all applicable federal or state usury laws regarding the use, forbearance, or detention of money.

Examples of Usury Laws in a sentence

• As used herein, “Maximum Amount” shall mean the maximum amount of interest which would have accrued if the unpaid principal amount of the Obligation outstanding from time to time had borne interest each day at the maximum amount of interest which lender is permitted to charge on the Obligation under the Usury Laws.

• All sums paid, or agreed to be paid, to any person pursuant to this Agreement for the use, forbearance or detention of any indebtedness arising hereunder shall, to the fullest extent permitted by the Applicable Usury Laws, be amortized, pro rated, allocated and spread throughout the full term of any such indebtedness so that the actual rate of interest does not exceed the Highest Lawful Rate in effect at any particular time during the full term thereof.

• Waiver of Stay, Extension or Usury Laws..........................................

• Waiver of Stay, Extension or Usury Laws.....................................

• Notwithstanding any other provision of this Agreement, it is the intention of the parties hereto to conform strictly to Applicable Usury Laws, in each case to the extent they are applicable to this Agreement.

• Stay, Extension and Usury Laws....................................

• Waiver of Stay, Extension or Usury Laws...................................

• Waiver of Stay, Extension or Usury Laws........................................

• Waiver of Stay, Extension or Usury Laws.............................................

• Waiver of Stay, Extension or Usury Laws..................................

More Definitions of Usury Laws

Usury Laws means any applicable laws, statutes (including, without limitation, Title 7, Chapter 4 of the Official Code of Georgia), rules, regulations or ordinances limiting, governing or otherwise regulating the rate or amount of Interest or the manner which Interest may be calculated, charged, collected, paid, contracted for or disclosed.

Usury Laws. The parties intend to contract in strict compliance with the usury Laws of the State of New York and, to the extent applicable, the United States of America. Notwithstanding anything to the contrary in the Operative Documents, Lessee will not be obligated to pay any interest in excess of the maximum non-usurious interest rate, as in effect from time to time, which may by applicable Law be charged, contracted for, reserved, received or collected by Lessor in connection with the Operative Documents. During any period of time in which the then-applicable highest lawful rate is lower than the rate specified in Clauses 5.11 or 13.2, interest will accrue and be payable at such highest lawful rate; however, if at later times such highest lawful rate is greater than the rate specified in Clauses 5.11 or 13.2, then Lessee will pay interest at the highest lawful rate until the aggregate amount of interest paid by Lessee equals the amount of interest that would have been payable in accordance with the interest rate specified in Clauses 5.11 or 13.2.

Usury Laws means State Laws governing interest and usury in effect in the State on the date of this Opinion Letter. April 30, 2007 To the Lenders, the Administrative Agent and the Collateral Agent referred to below, c/o Goldman Sachs Credit Partners L.P. ▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Re: Second Lien Term Loan and Guaranty Agreement Ladies and Gentlemen: We have acted as special counsel to Comair, Inc., an Ohio corporation (“Comair”), Comair Services, Inc., a Kentucky corporation (“Comair Services”) and Delta AirElite Business Jets, Inc., a Kentucky corporation (“Delta AirElite” and collectively with Comair and Comair Services the “Comair Guarantors”) in connection with the Second Lien Term Loan and Guaranty Agreement dated as of April 30, 2007 (the “Loan Agreement’) among Delta Air Lines, Inc., a Delaware corporation, (the “Borrower”), Comair Holdings, LLC, a Delaware limited liability company, DAL Global Services, LLC, a Delaware limited liability company, DAL Moscow, Inc., a Delaware corporation, Delta Benefits Management, Inc., a Delaware corporation, Delta Loyalty Management Services, LLC, a Delaware limited liability company, Epsilon Trading, LLC, a Delaware limited liability company, Kappa Capital Management, LLC, a Delaware limited liability company, ASA Holdings, Inc., a Georgia corporation, Delta Technology, LLC, a Georgia limited liability company, Crown Rooms, Inc., a New York corporation, Comair, Comair Services, Delta AirElite and Delta Connection Academy, Inc., a Florida corporation (each a “Guarantor” and collectively the “Guarantors”), ▇▇▇▇▇▇▇ ▇▇▇▇▇ Credit Partners L.P., as administrative agent (in such capacity, the “Administrative Agent”), and as collateral agent for the Lenders (in such capacity, the “Collateral Agent”). Capitalized terms not otherwise defined herein shall (unless otherwise specifically set forth) have the meanings given to them in the Loan Agreement. This opinion is being furnished to you pursuant to Section 4.01 (i) (iii) (B) of the Loan Agreement. Terms used but not defined herein shall have the meanings assigned to them in the Loan Agreement. In giving this opinion, we have examined the following documents:

Usury Laws shall have the meaning set forth in Section 1.6.