Example ContractsClausescumulative rightsVariants
Cumulative Rights
Cumulative Rights contract clause examples

Cumulative Rights and Remedies; Usury. The rights and remedies of the [[Organization F:Organization]] expressed herein are cumulative and not exclusive of any rights and remedies otherwise available. If it shall be found that any interest claimed hereunder shall violate applicable laws governing usury, the effective rate of interest claimed hereunder shall be reduced to the maximum permitted rate of interest under such law.

Cumulative Rights and Remedies; Usury. The rights and remedies of the Payee expressed herein are cumulative and not exclusive of any rights and remedies otherwise available. If it shall be found that any interest outstanding hereunder (including Regular Interest and Default Interest) shall violate applicable laws governing usury, the applicable rate of interest outstanding hereunder shall be reduced to the maximum permitted rate of interest under such law.

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