Past Due Interest. Overdue payments of principal of any Class of Loan (and to the extent permitted by applicable law, overdue payments of interest and other amounts overdue under the Operative Documents) shall bear interest at the Past Due Rate, payable on demand, for any period during which the same shall be overdue.
Appears in 3 contracts
Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)
Past Due Interest. Overdue payments of principal of any Class of Loan Note (and to the extent permitted by applicable law, overdue payments of interest and other amounts overdue under the Operative Documents) shall bear interest at the Past Due Rate, payable on demand, for any period during which the same shall be overdue.
Appears in 3 contracts
Samples: Note Purchase Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.), Note Purchase Agreement (Virgin America Inc.)
Past Due Interest. Overdue payments of principal of any Class Tranche and Type of Loan (and to the extent permitted by applicable law, overdue past due payments of interest and other amounts overdue due under the Operative Documents) shall bear interest at the Past Due Rate, payable on demand, for any period during which the same shall be overdue.
Appears in 2 contracts
Samples: Facility Agreement (Hawaiian Holdings Inc), Facility Agreement (Hawaiian Holdings Inc)
Past Due Interest. Overdue payments of principal of any Class of Loan (and to the extent permitted by applicable law, overdue past due payments of interest and other amounts overdue due under the Operative Documents) shall bear interest at the Past Due Rate, payable on demand, for any period during which the same shall be overdue.
Appears in 2 contracts
Samples: Facility Agreement (Hawaiian Holdings Inc), Facility Agreement (Hawaiian Holdings Inc)
