After the occurrence and during. the continuance of a Default, the principal amount of the Loans (and, to the extent permitted by applicable law, all accrued interest thereon) may, at the election of the Bank, bear interest at the Default Rate.
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Samples: Credit Agreement (Atlantic American Corp), Credit Agreement (Atlantic American Corp)
After the occurrence and during. the continuance of a DefaultDefault (other than a Default under Section 6.01(a)), the principal amount of the Loans (and, to the extent permitted by applicable law, all accrued interest thereon) may, at the election of the BankRequired Banks, bear interest at the Default Rate.
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After the occurrence and during. the continuance of a Default, the principal amount of the Loans (and, to the extent permitted by applicable law, all accrued interest thereon) may, at the election of the Bank, shall bear interest at the Default Rate.
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After the occurrence and during. the continuance of a Default, the principal amount of the Loans Term Loan (and, to the extent permitted by applicable law, all accrued interest thereon) may, at the election of the Bank, bear interest at the Default Rate. The Term Loan shall bear interest at the Default Rate following any judgment in favor of the Bank on the Term Loan Note.
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Samples: Credit Agreement (Source Information Management Co)
After the occurrence and during. the continuance of a Default, the principal amount of the Loans (and, to the extent permitted by applicable law, all accrued interest thereon) may, at the election of the BankRequired Lenders, bear interest at the Default Rate.
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