Common use of Overdue Amounts Clause in Contracts

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 11 contracts

Samples: Revolving Credit and Term Loan Agreement (Trailer Bridge Inc), Revolving Credit Agreement (HPSC Inc), Revolving Credit Agreement (Hvide Marine Inc)

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Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, the Base Rate Rate) until such amount shall be paid in full (after as well as before judgment).

Appears in 5 contracts

Samples: Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Safety Insurance Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Western Digital Corp), Revolving Credit Agreement (Terex Corp), Credit Agreement (New England Business Service Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until rate of interest otherwise applicable to such amount shall be paid in full (after as well as before judgment)Loans pursuant to Section 2.8.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Michaels Stores Inc), Revolving Credit Agreement (Michaels Stores Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate rate of interest otherwise applicable pursuant to Section 2.4 until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Silverleaf Resorts Inc), Inventory and Receivables Revolving Credit Agreement (Silverleaf Resorts Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate otherwise applicable rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Loan Agreement (Optical Security Group Inc), Loan Agreement (Applied Opsec Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Marcam Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate PLUS the Applicable Margin for Base Rate Loans then in effect with respect to Revolving Credit Loans, PLUS three percent (3%) per annum until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Restaurant Co), Revolving Credit Agreement (Perkins Finance Corp)

Overdue Amounts. Overdue principal and (to the extent ---------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Fairfield Communities Inc), Credit Agreement (Fairfield Communities Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Margin otherwise applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Republic Engineered Steels Inc), Revolving Credit Agreement (Rti Capital Corp)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (Answer Think Consulting Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23.00%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, the Base Rate Rate) until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable to such Revolving Credit Loans pursuant to Section 2.5 until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Canadian Security Agreement (Republic Technologies International Holdings LLC)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans then in effect with respect to Revolving Credit Loans or the applicable Term Loan, as the case may be, plus two percent (2%) above the Base Rate per annum until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Dave & Busters Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Stride & Associates Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate of interest otherwise applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (Freedom Securities Corp /De/)

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Overdue Amounts. Overdue principal and (to the extent ---------------- permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above (a) the Base Rate plus the Applicable Base ---- Margin, or (b) the Applicable LIBOR Margin plus the LIBOR Rate, as ---- applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Term Loan Agreement (Fairfield Communities Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (Transact Technologies Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Credit Agreement (Charlotte Russe Holding Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable thereto until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (CML Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (22.00%) above the Base Rate rate of interest otherwise applicable thereto until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (CML Group Inc)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the rate otherwise in effect for Base Rate B Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23.0%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit Agreement (American Restaurant Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans Term Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Term Loan Agreement (Moran Transportation Co)

Overdue Amounts. Overdue During the continuance of an Event of Default, overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable to such Loans pursuant to sec.2.5 or sec.4.5.1, as applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Filenes Basement Corp)

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