Common use of Post-Default Rates Clause in Contracts

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on any Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrowers shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to (a) in the case of overdue principal of any Loan, the rate of interest that otherwise would be applicable to such Loan plus two percent (2.00%) per annum; (b) in the case of overdue Reimbursement

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on any the Stated Maturity Date, upon acceleration or otherwise), or and after the Borrower has defaulted in the payment of any other monetary Obligation of the Borrowers shall have which has become due and payable, and for so long as any such amount continues to be due and payable, the Borrower shall pay, but only to the extent permitted by law, pay interest (after as well as before judgment) on such all amounts payable hereunder at a rate per annum equal to (a) in the case otherwise applicable rate plus an additional margin of overdue principal of any Loan, the rate of interest that otherwise would be applicable to such Loan plus two percent (2.002%) per annum; (b) in the case of overdue Reimbursement.

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on any Stated the Final Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrowers Borrower shall have become due and payable, at the discretion of the Administrative Agent and the Lenders, the Borrower shall pay, but only to the extent permitted by law, pay interest (after as well as before judgment) on such amounts at a rate per annum equal to (a) in 16%. Subject to the case foregoing, interest on any amount of overdue principal of any Loanshall be payable at the same rate both before and after demand, the rate of interest that otherwise would be applicable to such Loan plus two percent (2.00%) per annum; (b) in the case of overdue Reimbursementdefault or judgement.

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on any the Stated Maturity Date, upon acceleration or otherwise), or and after the Borrower has defaulted in the payment of any other monetary Obligation of the Borrowers shall have which has become due and payablepayable or there has occurred an Event of Default, and for so long as any such amount continues to be due and payable or such Event of Default remains in effect without cure or waiver, the Borrower shall pay, but only to the extent permitted by law, pay interest (after as well as before judgment) on such all amounts payable hereunder at a rate per annum equal to (a) in the case otherwise applicable rate plus an additional margin of overdue principal of any Loan, the rate of interest that otherwise would be applicable to such Loan plus two percent (2.002%) per annum; (b) in the case of overdue Reimbursement.

Post-Default Rates. After the date any principal amount of ------------------ any Loan is due and payable (whether on any the Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrowers Default shall have become due and payableoccur, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to (a) the sum of the Alternate Base Rate plus 2% plus the Applicable Margin for Base Rate Loans then in the case of overdue principal of any Loan, the rate of interest that otherwise would be applicable to such Loan plus two percent (2.00%) per annum; (b) in the case of overdue Reimbursementeffect.