Late Payments/Default Interest. If any installment of principal or interest or any other amount payable to the Banks under any Loan Document is not paid when due, it shall thereafter bear interest at a fluctuating interest rate per annum at all times (whether before or after judgment ) equal to the sum of the Base Rate plus the Applicable Base Rate Spread plus 2% (the “Default Rate”), provided however that, subject to the following sentence, principal, interest or other amounts due with respect to Eurodollar Rate Loans shall bear interest at a fluctuating rate per annum at all times equal to the sum of the Eurodollar Rate plus the Applicable Eurodollar Rate Spread plus 2%; in each case, to the extent permitted by applicable Law, until paid in full (whether before or after judgment). Upon and during the continuance of any Event of Default under Section 9.1(j), the Obligations shall bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate, to the extent permitted by applicable Law, until no Event of Default exists (whether before or after judgment).
Late Payments/Default Interest. If any installment of principal or interest under the Notes or any other amount payable to the Banks under any Loan Document is not paid when due, it shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the sum of the Alternate Base Rate plus the Applicable Alternate Base Rate Spread plus 2%, to the extent permitted by applicable Law, until paid in full (whether before or after judgment). Upon and during the continuance of any Event of Default, the Indebtedness evidenced by the Notes shall, at the election of the Majority Banks and upon notice to Borrower (and in lieu of interest provided for in the preceding sentence), bear interest at a fluctuating interest rate per annum at all times equal to the sum of the Alternate Base Rate plus the Applicable Alternate Base Rate Spread plus 2%, to the extent permitted by applicable Law, until no Event of Default exists (whether before or after judgment). Notwithstanding the preceding sentence, after the occurrence of any Event of Default under Sections 6.7, 6.10 or 6.16, the Indebtedness evidenced by the Notes may not bear interest at the increased rate provided for in the preceding sentence until such Event of Default has continued for at least 15 days, in the case of Section 6.7, or 30 days, in the case of Sections 6.10 or 6.16.
Late Payments/Default Interest. If a Party fails to make a payment due to the other Party under the Agreement by the due date, then, without limiting the other Party’s other remedies hereunder, the defaulting party shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgment. Interest hereunder will accrue at a rate of 1.5% per month, or the maximum rate allowable by law, whichever is greater. Suspension of Service. If any amount owing by Customer under the Agreement is thirty (30) or more days overdue, or if Customer violates the Restrictions on use set forth in this Agreement, BIOSITE may, without limiting its other rights and remedies, suspend Services to Customer until such amount is paid in full or, as applicable, Customer remedies its violation of these General Terms and Conditions.
Late Payments/Default Interest. If any installment of principal or interest under the Notes or any other amount payable to the Banks under any Loan Document is not paid when due, it shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the sum of the Base Rate plus the Applicable Base Rate Spread plus 2% (the "Default Rate"), provided however that, subject to the following sentence, principal, interest or other amounts due with respect to Eurodollar Rate Loans shall bear interest at a fluctuating rate per annum at all times equal to the sum of the Eurodollar Rate plus the Applicable Eurodollar Rate Spread plus 2%; in each case, to the extent permitted by applicable Law, until paid in full (whether before or after judgment). Upon and during the continuance of any Event of Default, the Indebtedness evidenced by the Notes shall, at the election of the Required Banks and upon notice to Borrower (and in lieu of interest provided for in the preceding sentence), bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate, to the extent permitted by applicable Law, until no Event of Default exists (whether before or after judgment). Notwithstanding the preceding sentence, after the occurrence of any Event of Default under Sections 6.7, 6.10 or 6.16, the Indebtedness evidenced by the Notes may not bear interest at the increased rate provided for in the preceding sentence until such Event of Default has continued for at least 15 days, in the case of Section 6.7, or 30 days, in the case of Sections 6.10 or 6.16.
Late Payments/Default Interest. If a Party fails to make a payment due to the other Party under the Agreement by the due date, then, without limiting the other Party’s other remedies hereunder, the defaulting party shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgment. Interest hereunder will accrue at a rate of 1.5% per month, or the maximum rate allowable by law, whichever is greater.
Late Payments/Default Interest. If a Party fails to make a payment due to the other Party under the Agreement by the due date, then, without limiting the other Party’s other remedies hereunder, the defaulting Party shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgment. Interest hereunder will accrue at a rate of 1.5% per month, or the statutory commercial interest, whichever is greater. Suspension of Service. If any amount owed by Customer under the Agreement is thirty (30) or more days overdue, or if Customer violates the “restrictions on use” set forth in the XXXX or Agreement, ASSA ABLOY may, without limiting ASSA ABLOY’s other rights and remedies, suspend Services to Customer until such amount is paid in full or, as applicable, Customer remedies its violation of the restrictions in the XXXX or these General Terms and Conditions.
Late Payments/Default Interest. Any amount by Customer hereunder which remain unpaid after the due date shall be subject to default interest in accordance with the Interest Act (633/1982) (Fin: Korkolaki (633/1982).
Late Payments/Default Interest. If any installment of principal or interest or any other amount payable to the Banks under any Loan Document is not paid when due, it shall thereafter bear interest at a fluctuating interest rate per annum at all times (whether before or after judgment ) equal to the sum of the Base Rate plus the Applicable Base Rate Spread plus 2% (the “Default Rate”), provided however that, subject to the following sentence, principal, interest or other amounts due with respect to a Term SOFR Loan shall bear interest at a fluctuating rate per annum at all times equal to the sum of Adjusted Term SOFR plus the Applicable Term SOFR Rate Spread plus 2%; in each case, to the extent permitted by applicable Law, until paid in full (whether before or after judgment). Upon and during the continuance of any Event of Default under Section 9.1(j), the Obligations shall bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate, to the extent permitted by applicable Law, until no Event of Default exists (whether before or after judgment).
Late Payments/Default Interest. If a Party fails to make a payment due to the other Party under the Agreement by the due date, then, without limiting the other Party’s other remedies hereunder, the defaulting Party shall pay interest on the overdue sum from the due date until payment of the overdue sum, whether before or after judgment. Interest hereunder will accrue each day at a rate of 4% a year above the Bank of England´s base rate from time to time, but 4% a year for any period when the base rate is below 0%. Suspension of Service. If any amount owed by Customer under the Agreement is thirty (30) or more days overdue, or if Customer violates the “restrictions on use” set forth in the XXXX or Agreement, ASSA ABLOY may, without limiting ASSA ABLOY’s other rights and remedies, suspend Services to Customer until such amount is paid in full or, as applicable, Customer remedies its violation of the restrictions in the XXXX or these General Terms and Conditions.
Late Payments/Default Interest. Time is of the essence of this Note. Should Borrower fail to make any payment within fifteen (15) days of it being due, Borrower agrees to pay a late charge, to the extent allowed by applicable law, of two percent (2.00%) of the late payment, but only once for each such late payment. Borrower acknowledges that TMCC will incur additional expenses in handling the delinquent payment, the exact amount of which is difficult to ascertain, but that said late charge is a reasonable estimate of TMCC's expenses so incurred. Upon the occurrence and during the continuation of an Event of Default, the Term Loan evidenced by this Note shall bear interest at a per annum rate two (2.00%) percentage points above the interest rate provided in Section 1 of this Note, but in no event greater than the maximum rate of interest permitted by applicable law.
