Common use of Default Rate Clause in Contracts

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 35 contracts

Samples: Assignment and Assumption (Whitestone REIT), Credit Agreement (LTC Properties Inc), Credit Agreement (Whitestone REIT)

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Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 18 contracts

Samples: Credit Agreement (Willdan Group, Inc.), Credit Agreement (Willdan Group, Inc.), Credit Agreement (Willdan Group, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 11 contracts

Samples: Credit Agreement (Champion Industries Inc), Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Granite City Food & Brewery Ltd.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after accelerationacceleration of the Obligations as a result of an Event of Default, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all outstanding Loans and Reimbursement Obligations, and letter of credit fees and other amounts of outstanding Obligations at a rate per annum equal to:

Appears in 8 contracts

Samples: Credit Agreement (Investors Real Estate Trust), Credit Agreement (American Realty Capital - Retail Centers of America, Inc.), Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the relevant Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 8 contracts

Samples: Credit Agreement (Emcor Group Inc), Credit Agreement (Emcor Group Inc), Credit Agreement (EMCOR Group, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 8 contracts

Samples: Credit Agreement (Delek Logistics Partners, LP), Credit Agreement (Delek Logistics Partners, LP), Credit Agreement (Delek US Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, (x) the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement ObligationsObligations at a rate per annum equal to, and letter (y) with respect to any outstanding Letter of credit Credit, the Borrowers shall pay Letter of Credit fees at a rate per annum equal to:

Appears in 6 contracts

Samples: Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 6 contracts

Samples: Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (Consolidated Tomoka Land Co), Credit Agreement (CTO Realty Growth, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing (subject to the proviso below) or after accelerationacceleration of the Obligations as a result of an Event of Default, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all outstanding Loans and Reimbursement Obligations, and letter of credit fees and other amounts of outstanding Obligations at a rate per annum equal to:

Appears in 5 contracts

Samples: Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc), Credit Agreement (Necessity Retail REIT, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Sparton Corp), Credit and Guaranty Agreement (Sparton Corp), Credit Agreement (Amcol International Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 5 contracts

Samples: Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by lawLaw and before and after the commencement of any proceeding under any Debtor Relief Law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 5 contracts

Samples: Term Loan Agreement (Cliffs Natural Resources Inc.), Credit Agreement (Cleveland Cliffs Inc), Assignment and Assumption (Cliffs Natural Resources Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, L/C Participation Fees and letter of credit fees other amounts owing by it at a rate per annum equal to:

Appears in 5 contracts

Samples: Credit Agreement (Limbach Holdings, Inc.), Assignment and Assumption (Turning Point Brands, Inc.), Joint Venture Agreement (Limbach Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 5 contracts

Samples: Credit Agreement (CTS Corp), Credit Agreement (FTD Inc), Credit Agreement (Rent Way Inc)

Default Rate. Notwithstanding anything to On and after the contrary contained herein, while date any Event of Default exists or after accelerationhas occurred and for so long as such Event of Default is continuing, the Borrower shall pay pay, but only to the extent permitted by law, interest (after as well as before entry of judgment thereon to the extent permitted by lawjudgment) on the principal amount of all outstanding Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:to the rate of interest that otherwise would be applicable to such Loan plus 2% per annum.

Appears in 4 contracts

Samples: Secured Revolving Facility Agreement (DryShips Inc.), Secured Revolving Facility Agreement, Secured Revolving Facility Agreement

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 4 contracts

Samples: Credit Agreement (Penford Corp), Credit Agreement (Penford Corp), Credit Agreement (Lamson & Sessions Co)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after accelerationacceleration of the Obligations as a result of an Event of Default, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 4 contracts

Samples: Credit Agreement (Umh Properties, Inc.), Credit Agreement (Umh Properties, Inc.), Credit Agreement (Umh Properties, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees overdue amounts hereunder at a rate per annum equal to:

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (McBc Holdings, Inc.), Credit and Guaranty Agreement (McBc Holdings, Inc.), Assignment and Assumption (McBc Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after accelerationacceleration of the Obligations as a result of an Event of Default, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all outstanding Loans and Reimbursement Obligations and other amounts of outstanding Obligations, and shall pay letter of credit fees fees, in each case, at a rate per annum equal to:

Appears in 4 contracts

Samples: Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the each Borrower shall pay pay, after written notice from the Administrative Agent, interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement ObligationsObligations owed by it under the Loan Documents, and letter of credit fees from the date of such Event of Default or acceleration at a rate per annum equal to:

Appears in 4 contracts

Samples: Credit Agreement (Smucker J M Co), Credit Agreement (Smucker J M Co), Credit Agreement (Smucker J M Co)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 4 contracts

Samples: Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp), Credit Agreement (Intl Fcstone Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after accelerationacceleration of the Obligations, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Postal Realty Trust, Inc.), Credit Agreement (Postal Realty Trust, Inc.), Credit Agreement (Postal Realty Trust, Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Penford Corp), Credit Agreement (Penford Corp), Credit Agreement (Penford Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after accelerationexists, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Health Care Reit Inc /De/)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Revolving Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall Borrowers shall, jointly and severally, pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, Obligations and letter of credit fees at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Rc2 Corp), Credit Agreement (Rc2 Corp), Credit Agreement (Rc2 Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after accelerationacceleration of the Obligations pursuant to Sections 9.2 or 9.3, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Smart Balance, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by lawLaw) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Stake Technology LTD), Credit Agreement (Lamson & Sessions Co), Credit Agreement (Check Technology Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest under the Notes (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 3 contracts

Samples: Credit Agreement (Cleveland Cliffs Inc), Credit Agreement (Cleveland Cliffs Inc), Credit Agreement (Cleveland Cliffs Inc)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts due under the Loan Documents at a rate per annum equal to:

Appears in 2 contracts

Samples: Credit Agreement (Monmouth Real Estate Investment Corp), Credit Agreement (Monmouth Real Estate Investment Corp)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall Borrowers shall, jointly and severally, pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by them at a rate per annum equal to:

Appears in 2 contracts

Samples: Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists and is continuing or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum (the “Default Rate”), equal to:

Appears in 2 contracts

Samples: Petition Credit Agreement (Pilgrims Pride Corp), Pilgrims Pride Corp

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees then owing by it at a rate per annum equal to:

Appears in 2 contracts

Samples: Credit Agreement (CTS Corp), Credit Agreement (CTS Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after accelerationacceleration of the Loans, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by them at a rate per annum equal to:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Addus HomeCare Corp), Assignment and Assumption (Addus HomeCare Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Specified Event of Default exists or after accelerationacceleration of the Obligations, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by lawLaw) on the principal amount of all Loans and Reimbursement Obligations, L/C Participation Fees and letter of credit fees other amounts owing by it at a rate per annum equal to:

Appears in 2 contracts

Samples: Credit Agreement (ATN International, Inc.), Credit Agreement (ATN International, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the relevant Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Lojack Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, other amounts that are due and letter of credit fees payable hereunder at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Cowen Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees Obligations owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (All American Semiconductor Inc)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees Obligations owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (CPM Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans of each Class and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all outstanding Loans and Reimbursement Obligations, and letter of credit fees and other amounts due under the Loan Documents at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Monmouth Real Estate Investment Corp)

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Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists or after acceleration, the U.S. Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Penford Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and interest on any other amounts owing hereunder or under the other Loan Documents at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Sterling Construction Co Inc)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by lawLaw and before and after the commencement of any proceeding under any Debtor Relief Law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Assignment and Assumption (Cliffs Natural Resources Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Penford Corp)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.4 hereof, while any Event of Default exists and notice has been delivered to the Borrower, or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Usfreightways Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans, Swingline Loans and Reimbursement Obligations, and letter of credit fees and any other amount becoming due hereunder from and including the date provided in this Section 1.10 until paid at a rate per annum equal to:

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Jones Lang Lasalle Inc)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the applicable Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts then owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Payment Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Hub Group, Inc.)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts then owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.5 hereof, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Lamson & Sessions Co)

Default Rate. Notwithstanding anything to the contrary contained hereinin Section 1.3 hereof, while any Event of Default exists or after accelerationacceleration of the Loans pursuant to Section 9.2 or 9.3, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans owing by it and Reimbursement Obligations, and shall pay letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Lincoln Educational Services Corp)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter Letter of credit Credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Kimball Hill, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Administrative Agent with the consent of the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Trade Street Residential, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Revolving Credit Agreement (K12 Inc)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter ​ ​ of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Default Rate. Section 1.9.Default Rate" \l 2 . Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after accelerationacceleration upon Administrative Agent’s written notice to Borrower (other than with respect to any Event of Default described in Section 8.1(j) or (k), the in which case no notice shall be required), Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Techne Corp /Mn/)

Default Rate. Section 1.9. Default Rate" \l 2 . Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, if so directed by the Required Lenders, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Payment Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees and other amounts at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Hub Group, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees other amounts at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (KCG Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees other amounts at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (KCG Holdings, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists is continuing or after accelerationacceleration of the Obligations as a result of an Event of Default, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all outstanding Loans and Reimbursement Obligations, and letter other amounts of credit fees outstanding Obligations at a rate per annum equal to:

Appears in 1 contract

Samples: Term Loan Agreement (Centerspace)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default exists or after acceleration, (x) the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement ObligationsObligations at a rate per annum equal to, and letter (y) with respect to any outstanding Letter of credit Credit, the Borrower shall pay Letter of Credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Gallagher Arthur J & Co)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees owing by them at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Globe Specialty Metals Inc)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, L/C Participation Fees and letter of credit fees other amounts owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (Turning Point Brands, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while any Event of Default or Termination Event exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees at a rate per annum equal to:

Appears in 1 contract

Samples: Credit Agreement (BGC Partners, Inc.)

Default Rate. Notwithstanding anything to the contrary contained herein, while While any Event of Default exists or after acceleration, the Borrower shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the principal amount of all Loans and Reimbursement Obligations, and letter of credit fees other amounts owing by it at a rate per annum equal to:

Appears in 1 contract

Samples: Assignment and Assumption (Turning Point Brands, Inc.)

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