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Ti=Interest Rate

sec=The {_Company} promises to pay simple interest on the outstanding principal amount hereof from the date hereof until payment in full, which interest shall be payable at the rate of {Note.Interest.%} per annum or the maximum rate permissible by law, whichever is less. Interest shall be due and payable on the {_Maturity_Date} and shall be calculated on the basis of a 365-day year for the actual number of days elapsed.

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