Common use of Default Rate Clause in Contracts

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) , all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been whether or not charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation continuance of an Event of Default and at the election of Agent or the Required Lenders, Default, (ia) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof Loans then outstanding shall bear interest at a per annum rate equal to 2 the rate otherwise applicable to such Loan plus 2.0 percentage points, and (b) the Letter of Credit Fee shall be increased to 2.0 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee . All amounts payable under this Section 2.4 shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunderdue and payable on demand by Agent.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and two (ii2) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder, and (ii) the overdue Letter of Credit Fees shall be increased to two (2) percentage points above the per annum rate otherwise applicable hereunder. Interest at the above referenced rate (the "Default Rate") shall be payable upon demand.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the each Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at any time following the election of Agent or the Required LendersTermination Date, (i) the principal amount of all Obligations (except for undrawn Letters of CreditCredit and Bank Products) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.12 shall be increased to 2 by three (3) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) the interest rate applicable to all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the written election of Agent or the Required Supermajority Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations which are due and owing under the Loan Documents (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) , all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) and the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at upon the election of Agent or the Required Lenders,: (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunder, ; and (ii) the Letter of Credit Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default Default, and at Agent's discretion (or as the election of Agent or is directed by the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the written election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fees provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Default, if elected by Agent or the Required LendersLenders during such time, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Bank Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Loans and other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 three (3) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders▇▇▇▇▇▇▇, (i) all Loans, and all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof hereof, shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points per annum above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points per annum above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the overdue Letter of Credit Fee Fees shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations which are due and owing under the Loan Documents (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderthereto, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required Lenders, (i1) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii2) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points Two percent (2.0%) above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points Two percent (2.00%) above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation continuance of an a Significant Event of Default and at the election of Agent or the Required LendersDefault, (i) all overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all Obligations (except for undrawn Letters of CreditCredit and Bank Product Obligations) that have been charged to the applicable Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the applicable Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon At the election of Agent or the Required Lenders upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all unpaid Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Administrative Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and two (ii2) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder, and (ii) the overdue Letter of Credit Fees shall be increased to two (2) percentage points above the per annum rate otherwise applicable hereunder. Interest at the above referenced rate (the “Default Rate”) shall be payable upon demand.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Administrative Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at after the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election discretion of Agent or the election of the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of any Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been whether or not charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) without duplication, the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 four (4) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 four (4) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Loans, and Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof hereof, shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditL/C's) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee L/C fee provided for above shall be increased to 2 two percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election discretion of Agent or the election of the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the written election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderrate, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default Default, and at the election of Agent or the Required Lenders, commencing immediately following notice thereof by Foothill to Borrower, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall prospectively bear interest at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderinterest rate provided in Section 2.6(a), and and (ii) the Letter of Credit Fee fee provided in Section 2.6(b) shall be prospectively increased to 2 percentage points above the 3.50% per annum rate otherwise applicable hereundertimes the amount of the undrawn Letters of Credit.

Default Rate. Upon the occurrence and during the continuation of an Event of Default Default, and at following the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above which is 2.00% in excess of the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee shall be increased to 2 percentage points above bear interest at a per annum rate which is 2.00% in excess of the per annum rate otherwise applicable hereunderthereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at upon the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Participation Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account Accounts pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, Default, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 four percentage points (4%) above the per annum rate otherwise applicable thereundercharged rate, and (ii) the Letter of Credit Fee fee provided in Section 2.6(b) shall be increased to 2 by four percentage points (4%) per annum above the per annum otherwise charged rate otherwise applicable hereundertimes the amount of the aggregate undrawn amount of all outstanding Letters of Credit for the benefit of the Lenders.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, , (i) all Loans and other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders,Default: (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage 200 basis points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.11(b) shall be increased to 2 percentage 200 basis points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, Default, (i) all Obligations (except for the amounts undrawn under Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 four (4) percentage points above the applicable per annum rate otherwise applicable thereunderthen in effect under Section 2.6(a), and and (ii) the Letter letter of Credit Fee credit fees provided for in Section 2.6(b) shall be increased to 2 by four (4) percentage points above the per annum rate otherwise applicable hereunder.points;

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, andand ACTIVE 682292377v9 - 17 - (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the any Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee Fees shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders, (i) ), all Obligations (except for undrawn Letters of CreditCredit and Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderto such Obligations hereunder, and (ii) and the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon Immediately upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and and (iiB) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, andand 137020431v13 (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) 1. all Loans and other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, andand 126471205_8 (ii) 2. the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderDefault Rate, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above as set forth in the per annum rate otherwise applicable hereunderLoan Pricing Agreement.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points 4.00% above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points 4.00% above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.5(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, Default, (i) all non-contingent Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and Base Rate plus 3.00%; and (ii) the Letter of Credit Fee fee provided in Section 2.7(b) shall be increased to 2 percentage points above the 4.50% per annum rate otherwise applicable hereundertimes the amount of the aggregate undrawn amount of all outstanding Letters of Credit.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at (if the election of Agent or the Required LendersLenders so elect), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and Lender Hedging Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points four percent (4%) above the per annum rate otherwise applicable thereunderhereunder, and and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points four percent (4%) above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 three (3) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Loans, and all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof hereof, shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.