Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of Default, the unpaid principal amount of all Loans and all other amounts due and unpaid under this Agreement and the Notes will bear interest until paid computed at a rate equal to 2% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demand.
Appears in 4 contracts
Samples: Credit Agreement (Strattec Security Corp), Credit Agreement (Strattec Security Corp), Credit Agreement (Strattec Security Corp)
Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of Default, the unpaid principal amount of all Loans and all other amounts due and unpaid under this Agreement and the Notes will bear interest until paid computed at a rate equal to 2% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demand(the "Default Rate").
Appears in 4 contracts
Samples: Corporate Guaranty Agreement (Oshkosh B Gosh Inc), Credit Agreement and Assignment and Acceptance Agreement (Oshkosh B Gosh Inc), Credit Agreement (Oshkosh B Gosh Inc)
Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of Default, the unpaid principal amount of all Loans and all other amounts due and unpaid under this Agreement and the Notes will bear interest until paid computed at a rate equal to 2% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demandhereunder.
Appears in 1 contract
Samples: Credit Agreement (Plexus Corp)
Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of DefaultDefault under Section 8.01(a) or (b), the unpaid principal amount of all the Revolving Loans and all other amounts due and unpaid under this Agreement and the Notes Loan Documents will bear interest until paid computed at a rate equal to 23% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demand(the “Default Rate”).
Appears in 1 contract
Samples: Credit Agreement (RiverNorth Marketplace Lending Corp)
Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of Default, the unpaid principal amount of all Loans loans and all other amounts due and unpaid under this Agreement and the Notes will bear interest until paid computed at a rate equal to 2% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demandhereunder.
Appears in 1 contract
Samples: Credit Agreement (Plexus Corp)
Interest Following Event of Default. From and after the occurrence and during the continuance of an Event of Default, the unpaid principal amount of all Loans loans and all other amounts due and unpaid under this Agreement and the Notes will bear interest until paid computed at a rate equal to 2% per annum in excess of the rate or rates otherwise payable hereunder and shall be payable from time to time on demandhereunder.
Appears in 1 contract
Samples: Credit Agreement (Servicesource International, Inc.)
