Example ContractsClausesusuryIdentical
Usury
Usury contract clause examples

Usury. If it shall be found that any interest or other amount deemed interest due hereunder violates the applicable law governing usury, the applicable provision shall automatically be revised to equal the maximum rate of interest or other amount deemed interest permitted under applicable law. The Borrower covenants (to the extent that it may lawfully do so) that it will not seek to claim or take advantage of any law that would prohibit or forgive the Borrower from paying all or a portion of the principal or interest on this Note.

CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: November 8, 2018 • SIC: 5047 • CIK: 5047
PROMISSORY NOTE
Source: SEC EDGAR database • Date: February 29, 2024 • SIC: 7389 • CIK: 7389

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