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 the Stated Maturity Date, upon acceleration or otherwise), and after the Borrower has defaulted in the payment of any other monetary Obligation which has become due and payable, and for so long as any such amount continues to be due and payable, the Borrower shall pay interest (after as well as before judgment) on all amounts payable hereunder at a rate per annum equal to the otherwise applicable rate plus an additional margin of 2%.

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on the Stated Final Maturity Date, upon acceleration or otherwise), and or after the Borrower has defaulted in the payment of any other monetary Obligation which has of the Borrower shall have become due and payable, at the discretion of the Administrative Agent and for so long as any such amount continues to be due and payablethe Lenders, the Borrower shall pay interest (after as well as before judgment) on all such amounts payable hereunder at a rate per annum equal to 16%. Subject to the otherwise applicable foregoing, interest on any amount of overdue principal shall be payable at the same rate plus an additional margin of 2%both before and after demand, default or judgement.

Post-Default Rates. After the date any principal amount of ------------------ any Loan is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), and or after the Borrower has defaulted in the payment of any other monetary Obligation which has become due and payable, and for so long as any such amount continues to be due and payableDefault shall occur, the Borrower shall pay pay, but only to the extent permitted by law, interest (after as well as before judgment) on all such amounts payable hereunder at a rate per annum equal to the otherwise applicable rate sum of the Alternate Base Rate plus an additional margin of 2%% plus the Applicable Margin for Base Rate Loans then in effect.

Post-Default Rates. After the date any principal amount of any Loan is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), and after the Borrower has defaulted in the payment of any other monetary Obligation 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 payablepayable or such Event of Default remains in effect without cure or waiver, the Borrower shall pay interest (after as well as before judgment) on all amounts payable hereunder at a rate per annum equal to the otherwise applicable rate plus an additional margin of 2%.