Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 63 contracts
Samples: Loan and Security Agreement (Focus Enhancements Inc), Loan and Security Agreement (Ribogene Inc / Ca/), Loan and Security Agreement (Vista Medical Technologies Inc)
Default Rate. All Obligations shall bear interest, from and ------------ after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 14 contracts
Samples: Loan and Security Agreement (Brio Technology Inc), Loan and Security Agreement (Natural Microsystems Corp), Loan and Security Agreement (Inktomi Corp)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 9 contracts
Samples: Loan Modification Agreement (Alteon Websystems Inc), Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Virata Corp)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five three (53) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 8 contracts
Samples: Loan and Security Agreement (Seebeyond Technology Corp), Loan and Security Agreement (Vista Information Solutions Inc), Loan and Security Agreement (Sonus Networks Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of After an Event of Default, Obligations shall bear interest at a rate equal to five percent (55.0%) percentage points above the interest rate applicable effective immediately prior to the occurrence of before the Event of Default.
Appears in 7 contracts
Samples: Loan and Security Agreement (ExactTarget, Inc.), Loan and Security Agreement (Infinera Corp), Loan and Security Agreement (Physiometrix Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 6 contracts
Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp), Loan and Security Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc)
Default Rate. All Obligations shall bear interest, from and after ------------ the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 5 contracts
Samples: Loan and Security Agreement (C-Bridge Internet Solutions Inc), Loan and Security Agreement (Esperion Therapeutics Inc/Mi), Loan and Security Agreement (SQL Financials International Inc /De)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) 2 percentage points above the respective interest rate rates applicable to such Obligations immediately prior to the occurrence of the Event of Default.
Appears in 4 contracts
Samples: Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to the lesser of (i) five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default, or (ii) the maximum rate allowed by law.
Appears in 4 contracts
Samples: Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the such occurrence of the an Event of Default.
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Harmonic Lightwaves Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five three (53) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 3 contracts
Samples: Loan and Security Agreement (Santarus Inc), Loan and Security Agreement (Align Technology Inc), Loan and Security Agreement (Santarus Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points percent per annum above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Faxsav Inc), Loan and Security Agreement (Faxsav Inc)
Default Rate. All Obligations shall bear interest, from and ------------ after the occurrence and during the continuance of an Event of Default, at a rate equal to five two (52) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the an Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Maxwell Technologies Inc), Loan and Security Agreement (Therma Wave Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five two (52) percentage points above the interest rate applicable thereto immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Vans Inc), Loan and Security Agreement (Vans Inc)
Default Rate. All Obligations shall bear interest, ------------ from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five two (52) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, Default at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Maker Communications Inc), Loan and Security Agreement (Maker Communications Inc)
Default Rate. All Obligations shall bear interest, from and after ------------ the occurrence of an Event of Default, at a rate equal to the lesser of (i) five (5%) percentage points above the interest rate applicable that applied immediately prior to the occurrence of the Event of Default, and (ii) the maximum interest rate allowed by applicable law.
Appears in 2 contracts
Samples: Loan and Security Agreement (Seachange International Inc), Loan and Security Agreement (Seachange International Inc)
Default Rate. All Obligations shall bear interest, from and after upon the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) four percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Asyst Technologies Inc /Ca/), Loan and Security Agreement (Asyst Technologies Inc /Ca/)
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the such Event of DefaultDefault or the maximum rate permissible by law (which shall be deemed to be the laws relating to permissible rates of interest on commercial loans), whichever is less.
Appears in 2 contracts
Samples: Loan and Security Agreement (Starbase Corp), Loan and Security Agreement (Borland Software Corp)
Default Rate. All Obligations shall bear interest, from ------------ and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.. (c)
Appears in 1 contract
Samples: Loan and Security Agreement (Manhattan Associates Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of while an Event of DefaultDefault exists, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after ------------ the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable that applied immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Quicklogic Corporation)
Default Rate. All Obligations shall bear interest, from and after the occurrence occurrence, and during the continuance, of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.. (c)
Appears in 1 contract
Default Rate. All Upon the occurrence of an Event of Default, all Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five two (52) percentage points above the interest rate applicable immediately prior to the occurrence of the such Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from From and after and during the occurrence continuation of an Event of Default, all Obligations shall bear interest at a per annum rate equal to five (5) 5 percentage points above the interest rate applicable immediately prior to the occurrence of the Event of DefaultReference Rate.
Appears in 1 contract
Samples: Loan and Security Agreement (Sizzler International Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest at a rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Defaultunder Section 2.3(a).
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after during the occurrence continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, ------------ from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five four (54) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Integrated Security Systems Inc)
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.. (c)
Appears in 1 contract
Default Rate. All AD Obligations shall bear interest, interest from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All outstanding Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five percentage points (5%) percentage points above the interest rate otherwise applicable immediately prior under this Agreement from time to the occurrence of the Event of Defaulttime.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from ------------ and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after ------------ the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All The Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, Default at a rate equal to five (5) percentage points (5.00%) above the interest rate applicable immediately prior to the occurrence of the Event of DefaultStated Interest Rate.
Appears in 1 contract
Samples: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.)
Default Rate. All Obligations shall bear interest, from and after ------------ the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (55.00) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and/or during the continuance of an Event of Default, at a rate equal to five (5) 5 percentage points above the interest rate applicable immediately prior pursuant to the occurrence of the Event of DefaultSection 2.2(a).
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of Default, at a rate equal to five (5) percentage points (5.000%) above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after during the occurrence continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of DefaultDefault and upon notice by Bank to Borrower, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Biomarin Pharmaceutical Inc)
Default Rate. All Obligations shall bear interest, from and after the ------------ occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after at all times during the occurrence continuance of an any Event of Default, at a rate equal to the lesser of (i) five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default, or (ii) the highest rate of interest permissible by law.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence of an Event of DefaultDefault (with respect to a default under Section 8.2, only violations of Sections 6.8 through 6.13, inclusive), at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5%) percentage points above the interest rate applicable that applied immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and ------------ after the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate race applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Default Rate. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5%) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
Samples: Credit Loan Agreement (ORBCOMM Inc.)
Default Rate. All Obligations shall bear interest, from and after ------------ the date of the occurrence of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.
Appears in 1 contract
