Common use of Interest After Event of Default Clause in Contracts

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations shall, at Beneficiary's option, bear interest at the rate applicable to overdue principal set forth in the Credit Agreement until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 2 contracts

Samples: Credit Agreement (Wynn Las Vegas LLC), Credit Agreement (Wynn Resorts LTD)

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Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Credit Documents, including this Deed of Trust, shall, at Beneficiary's ’s option, bear interest at the rate applicable to overdue principal set forth in the Credit Agreement Default Rate until such Event of Default has been cured. Trustor's ’s obligation to pay such sums and interest shall be secured by this Deed of Trust.

Appears in 2 contracts

Samples: Security Agreement (Fulcrum Bioenergy Inc), Security Agreement (Fulcrum Bioenergy Inc)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations shall, at Beneficiary's option, Notes and this Deed of Trust shall bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement Notes until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 2 contracts

Samples: Consent and Landlord Mortgagee Agreement (Coast Resorts Inc), Fixture Filing and Security Agreement (Riviera Holdings Corp)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Credit Documents, including this Deed of Trust, shall, at Beneficiary's option, bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement Note until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Escrow Agreement (Ormat Technologies, Inc.)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Financing Documents, including this Deed of Trust, shall, at Beneficiary's option, bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement Note until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Term Power Purchase Agreement (Ormat Technologies, Inc.)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Promissory Note and this Deed of Trust shall, at Beneficiary's option, bear interest at the default interest rate applicable to overdue principal set forth in on the Credit Agreement Promissory Note until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Lease Agreement (Showboat Inc)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Notes and this Deed of Trust shall, at Beneficiary's option, bear interest at the rate applicable to overdue principal set forth in Section 4.01 of the Credit Agreement Mortgage Notes Indenture until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Leases and Security Agreement (Grand Canal Shops Mall Construction LLC)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Notes and this Deed of Trust shall, at Beneficiary's option, bear interest at the rate applicable to overdue principal set forth in the Credit Agreement Default Rate until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Fixture Filing and Security Agreement (Aladdin Capital Corp)

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Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Credit Documents and this Deed of Trust shall, at Beneficiary's option, bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement Notes until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Subordination Agreement (Calpine Corp)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations shall, at Beneficiary's option, bear interest at the rate applicable to overdue principal set forth in the Credit Agreement Mortgage Notes Indenture until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Wynn Las Vegas LLC

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Credit Documents, including this Deed of Trust, shall, at Beneficiary's option, bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement Notes until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Security Agreement (Calpine Corp)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Credit Documents, including this Deed of Trust, shall, at Beneficiary's option, bear interest at the interest rate applicable to overdue principal set forth in on the Credit Agreement [NOTES] until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Deed of Trust.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Interest After Event of Default. If an Event of Default shall have occurred and is continuing, all sums outstanding and unpaid under the Obligations Notes and this Leasehold Deed of Trust shall, at Beneficiary's option, bear interest at the rate applicable to overdue principal set forth in the Credit Agreement Default Rate until such Event of Default has been cured. Trustor's obligation to pay such interest shall be secured by this Leasehold Deed of Trust.

Appears in 1 contract

Samples: Leases and Security Agreement (Grand Canal Shops Mall Construction LLC)

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