Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.
Appears in 15 contracts
Samples: Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Prime Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.
Appears in 7 contracts
Samples: Credit Agreement (Varco International Inc /De/), Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/)
Other Amounts Overdue. If any amount payable under this Agreement --------------------- other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two three percent (23%), from the date such amount became due ---- until the date such amount is paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Meristar Hospitality Corp), Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the lesser of (i) Adjusted Base Rate plus two percent (2%)) and (ii) the Maximum Rate, from the date such amount became due until the date such amount is paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Helmerich & Payne Inc)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and feesinterest, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base LIBOR Rate plus two three percent (23%), from the date such amount became due until the date such amount is paid in full.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Meristar Hospitality Corp), Revolving Credit Agreement (Meristar Hotels & Resorts Inc)
Other Amounts Overdue. If any amount payable under this Agreement --------------------- other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Prime Rate plus two three percent (23%), from the date such amount became ---- due until the date such amount is paid in full.
Appears in 2 contracts
Samples: Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp)
Other Amounts Overdue. If any amount payable under this Agreement or any Credit Documents other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.
Appears in 2 contracts
Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties)
Other Amounts Overdue. If any amount payable under this Agreement other --------------------- than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Prime Rate plus two three percent (23%), from the date such amount became ---- due until the date such amount is paid in full.
Appears in 2 contracts
Samples: Credit Agreement (American General Hospitality Corp), Management Agreement (American General Hospitality Corp)
Other Amounts Overdue. If any amount payable under this Agreement Agreement, other than the Advances Advances, is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.lesser of
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the lesser of (i) Adjusted Base Primary Prime Rate plus two percent (2%)) and (ii) the Maximum Rate, from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two three percent (23%), from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two PLUS three percent (23%), from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon thereon due and payable on demand at a rate per annum equal to the lesser of (i) Adjusted Base Rate plus two percent (2%)) and (ii) the Maximum Rate, from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.. Section II.7
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this --------------------- Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the lesser of (i) Adjusted Base Prime Rate plus two percent (2%)) and (ii) the Maximum Rate, from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
Samples: 364 Day Credit Agreement (National Oilwell Varco Inc)
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus two percent (2%), from the date such amount became due until the date such amount is paid in fullfull and shall be due and payable on demand at the request of the Majority Lenders.
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this --------------------- Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Prime Rate plus two percent (2%), from the date such amount became ---- due until the date such amount is paid in full.
Appears in 1 contract
Other Amounts Overdue. If any amount payable under this Agreement other than the Advances is not paid when due and payable, including without limitation, accrued interest and fees, then such overdue amount shall accrue interest hereon due and payable on demand at a rate per annum equal to the Adjusted Base Rate plus PLUS two percent (2%), from the date such amount became due until the date such amount is paid in full.
Appears in 1 contract
