Common use of Post-Maturity Interest Clause in Contracts

Post-Maturity Interest. Notwithstanding anything to the contrary contained in Section 2.3, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which is equal to the greater of (a) two percent (2%) above the rate which would otherwise be applicable pursuant to Section 2.3 and (b) two percent (2%) above the Base Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Rate Loan, shall be converted to a Base Rate Loan at the end of the then current Interest Period therefor.

Post-Maturity Interest. Notwithstanding anything to the contrary contained in Section 2.3, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which is equal to the greater of (a) two percent (2%) above the highest rate which would otherwise be applicable pursuant to Section 2.3 and (b) two three percent (23%) above the Base Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Loan other than a Base Rate Loan, shall be converted to a Base Rate Loan at the end of the then current Interest Period therefor.

Post-Maturity Interest. Notwithstanding anything to the contrary ---------------------- contained in Section 2.3, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which is equal to the greater of (a) two percent (2%) above the highest rate which would otherwise be applicable pursuant to Section 2.3 and (b) two percent (2%) above the Base Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Loan other than a Base Rate Loan, shall be converted to a Base Rate Loan at the end of the then current Interest Period therefor.

Post-Maturity Interest. Notwithstanding anything to the contrary contained in Section 2.32.04, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which is equal to the greater of (a) two percent (2%) above the highest rate which would otherwise be applicable pursuant to Section 2.3 2.04 and (b) two three percent (23%) above the Base Prime Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Loan other than a Prime Rate Loan, shall be converted to a Base Prime Rate Loan at the end of the then current Interest Period therefor.

Post-Maturity Interest. Notwithstanding anything to the contrary contained in Section 2.32.03, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which that is equal to the greater of (a) two percent (2%) above the highest rate which would otherwise be applicable pursuant to Section 2.3 2.03 and (b) two percent (2%) above the Base Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Loan other than a Base Rate Loan, shall be converted to a Base Rate Loan at the end of the then current Interest Period therefor.

Post-Maturity Interest. Notwithstanding anything to the contrary ---------------------- contained in Section 2.3, if all or a portion of the principal amount of any of the Revolving Loans made hereunder or any interest accrued thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), any such overdue amount shall bear interest at a rate per annum which is equal to the greater of (a) two percent (2%) above the highest rate which would otherwise be applicable pursuant to Section 2.3 and (b) two three percent (23%) above the Base Rate, from the date of such nonpayment until paid in full (after as well as before judgment), payable on demand. In addition, such Revolving Loan, if a LIBOR Eurodollar Rate Loan, shall be converted to a Base Rate Loan at the end of the then current Interest Period therefor.