Example ContractsClausesusury savings clauseIdentical
Usury Savings Clause
Usury Savings Clause contract clause examples

USURY. In the event any interest is paid on this Note which is deemed to be in excess of the then legal maximum rate, then that portion of the interest payment representing an amount in excess of the then legal maximum rate shall be deemed a payment of principal and applied against the principal of this Note.

SOCKET MOBILE, INC. (SCKT) (CIK 0000944075)
Source: SEC EDGAR database • Date: August 22, 2024 • SIC: 3571 • CIK: 3571

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