Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder as a payment of principal.
Appears in 30 contracts
Sources: Convertible Promissory Note (Nuvve Holding Corp.), Convertible Note (Odyssey Semiconductor Technologies, Inc.), Convertible Note (Odyssey Semiconductor Technologies, Inc.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Holders as a payment of principal.
Appears in 9 contracts
Sources: Convertible Note Purchase Agreement (ASP Isotopes Inc.), Convertible Note Purchase Agreement (ASP Isotopes Inc.), Convertible Note Purchase Agreement (Guerrilla RF, Inc.)
Limitation on Interest. In no event will any interest charged, collected collected, or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder as a payment of principal.
Appears in 3 contracts
Sources: Convertible Note (Peak Bio, Inc.), Senior Secured Convertible Promissory Note (SOS Hydration Inc.), Senior Secured Promissory Note (SOS Hydration Inc.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Noteholder as a payment of principal.
Appears in 2 contracts
Sources: Convertible Note Purchase Agreement (Mosaic ImmunoEngineering Inc.), Convertible Note Purchase Agreement (Mosaic ImmunoEngineering Inc.)
Limitation on Interest. In no event will any interest charged, collected collected, or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Investor as a payment of principal.
Appears in 1 contract
Sources: Convertible Note (Peak Bio, Inc.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder as a payment of principal.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Harvest Health & Recreation Inc.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Holders as a payment of principalthe principal amount.
Appears in 1 contract
Sources: Convertible Note Purchase Agreement (Tailwind Acquisition Corp.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Purchaser as a payment of principal.
Appears in 1 contract
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder Investor as a payment of principal.
Appears in 1 contract
Sources: Convertible Promissory Note
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder as a payment of principal.
Appears in 1 contract
Sources: Convertible Promissory Note (Alphatec Holdings, Inc.)
Limitation on Interest. In no event will any interest charged, collected or reserved under this Note exceed the maximum rate then permitted by applicable law, and if any payment made by the Company Co-Borrowers under this Note exceeds such maximum rate, then such excess sum will be credited by the Holder as a payment of principal.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Harvest Health & Recreation Inc.)