Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents until such amount shall be paid in full (after as well as before judgment).
Appears in 5 contracts
Sources: Credit Agreement (SeaCube Container Leasing Ltd.), Credit Agreement (Seacastle Inc.), Credit Agreement (TAL International Group, Inc.)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents Base Rate until such amount shall be paid in full (after as well as before judgment).
Appears in 3 contracts
Sources: Revolving Credit Agreement (Flextronics International LTD), Revolving Credit Agreement (Flextronics International LTD), Revolving Credit Agreement (Flextronics International LTD)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents Base Rate until such amount shall be paid in full (after as well as before judgment).
Appears in 3 contracts
Sources: Revolving Credit and Term Loan Agreement (Dynatech Corp), Revolving Credit Agreement (National Auto Finance Co Inc), Revolving Credit and Term Loan Agreement (Flextronics International LTD)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the interest rate then otherwise applicable rate of interest under this Credit Agreement or the other Loan Documents to such Loans hereunder until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit Agreement (HMT Technology Corp), Revolving Credit Agreement (HMT Technology Corp)
Interest After Default. 5.11.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or then applicable thereto (or, if no rate of interest is then applicable thereto, the other Loan Documents Base Rate) until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Multicurrency Revolving Credit Agreement (Borders Group Inc), Multicurrency Revolving Credit Agreement (Borders Group Inc)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (22.00%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents otherwise applicable to such Loans until such amount overdue amounts shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc), Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc)
Interest After Default. Overdue Upon the occurrence and during the continuation of an Event of Default, overdue principal of all Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Credit Agreement (TAL International Group, Inc.), Credit Agreement (TAL International Group, Inc.)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents Prime Rate until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit Agreement (Provant Inc), Revolving Credit Agreement (Bridgestreet Accommodations Inc)
Interest After Default. 5.11.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or then applicable thereto (or, if no rate of interest is then applicable thereto, the other Loan Documents Base Rate) until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit Agreement (Keane Inc), Revolving Credit Agreement (Peregrine Systems Inc)
Interest After Default. 6.11.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents Base Rate until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Revolving Credit Agreement (Sassco Fashions LTD /De/)
Interest After Default. 5.10.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents Base Rate until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Revolving Credit Agreement (Hadco Acquisition Corp)
Interest After Default. 50 -42-
6.10.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans then in effect, plus two percent (22.0%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents per annum until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Il Fornaio America Corp)
Interest After Default. Overdue Upon the occurrence of and during the continuance of an Event of Default, principal and (to the extent permitted by applicable law) overdue interest on the Loans Notes and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly quarterly and payable on demand at a rate per annum equal to two percent (2%) per annum above the then interest rate otherwise applicable rate of interest under this Credit Agreement or the other Loan Documents until such amount shall be paid in full (after as well as before any judgment).
Appears in 1 contract
Sources: Restructuring Agreement (Outsource International Inc)
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the then applicable rate of interest under this Credit Loan Agreement or the other Loan Documents until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Interest After Default. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (22.0%) above the then applicable rate of interest under this Credit Agreement or the other Loan Documents otherwise applicable to such Loans pursuant to Section 2.5 until such amount shall be paid in full (after as well as before judgment).) 34 -28-
Appears in 1 contract
Sources: Revolving Credit Agreement (Cabot Microelectronics Corp)
Interest After Default. SS.
4.12.1. OVERDUE AMOUNTS. Overdue principal and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) % above the then applicable rate of interest under this Credit Agreement or the other Loan Documents otherwise applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Revolving Credit Agreement (Freedom Securiteis Corp /De/)