Past Due Principal and Interest. All past due principal of and past due interest on the Loans shall bear interest on each day outstanding at the Default Rate in effect on such day, and such interest shall be due and payable daily as it accrues.
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Samples: Credit Agreement (Berry Petroleum Co), Assignment and Assumption (Berry Petroleum Co), Credit Agreement (Berry Petroleum Co)
Past Due Principal and Interest. All past due principal of pf and past due interest on the Loans shall bear interest on each day outstanding at the Default Rate in effect on such day, and such interest shall be due and payable daily as it accrues.
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