INTEREST AFTER JUDGMENT Clause Samples
INTEREST AFTER JUDGMENT. The outstanding principal portion of the Debt shall bear interest at the rate provided in the Note or in this Mortgage (as applicable) after, as well as before, the entry of judgment on the Note or for the foreclosure of this Mortgage, and the Mortgagor acknowledges and agrees that the lien of this Mortgage fully secures all such interest. The Mortgagor consents and agrees that any such judgment shall provide for interest from and after the entry of the judgment, at the Default Rate.
INTEREST AFTER JUDGMENT. Should Mortgagee herein obtain a judgment against Mortgagor, interest shall accrue on said judgment at the default interest rate set forth in the Note or as provided by statute, whichever rate shall be greater at that time.
INTEREST AFTER JUDGMENT. Under the Judgment Interest Act (Alberta) interest after judgment may be limited to less than the rate provided for contractually.
INTEREST AFTER JUDGMENT. If a liability of the Grantor becomes merged in a judgment or order, the Grantor, as an independent obligation, must pay interest on the amount of that liability, from (and including) the date of the judgment or order until it is paid in full, at the higher of the rate that applies under the judgment or order and the rate calculated in accordance with clause 10.1.
INTEREST AFTER JUDGMENT. If the Authority should obtain a judgment against the Company with respect to the Indebtedness, interest shall accrue on such judgment at the interest rate provided for in the Note or as provided by statute, whichever is greater at the time.
INTEREST AFTER JUDGMENT. Borrower agrees the interest rate payable after a judgment is entered on the Note or in an action of mortgage foreclosure shall be the rate stated in the Note.