Common use of Applicable Rate Ceiling Clause in Contracts

Applicable Rate Ceiling. Unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Code, Chapter 303, as amended.

Appears in 3 contracts

Sources: Loan Agreement (American Locker Group Inc), Loan Agreement (Temtex Industries Inc), Loan Agreement (Bollinger Industries Inc)

Applicable Rate Ceiling. Unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Code, Chapter 303Annotated article 5069-1.D, as amended.

Appears in 1 contract

Sources: Loan Agreement (Integrated Security Systems Inc)

Applicable Rate Ceiling. Unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Code, Chapter 303, as amendedSection 306.001 et seq.

Appears in 1 contract

Sources: Loan Agreement (Integrated Security Systems Inc)

Applicable Rate Ceiling. Unless To the extent applicable or otherwise not made inapplicable due to Lender’s election under Section 7.05, unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Code, Chapter 303, as amended.

Appears in 1 contract

Sources: Loan and Security Agreement (Unique Logistics International, Inc.)

Applicable Rate Ceiling. Unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Codearticle 5069, Chapter 303chapter 1D, as amended.

Appears in 1 contract

Sources: Loan Agreement (Stevens International Inc)

Applicable Rate Ceiling. Unless changed in accordance with law, the applicable rate ceiling under Texas law shall be the indicated (weekly) rate ceiling from time to time in effect as provided in Texas Revised Civil Statutes Annotated, Finance Code, Chapter 303Annotated article 5069-1.04, as amended.

Appears in 1 contract

Sources: Loan Agreement (Ultrak Inc)