Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.00% or (ii) the Floating Rate plus 2.00%.
Appears in 10 contracts
Samples: Assignment and Assumption Agreement (Consumers Energy Co), Revolving Credit Agreement (CMS Energy Corp), Revolving Credit Agreement (CMS Energy Corp)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 5 contracts
Samples: Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 4 contracts
Samples: Pledge Agreement (Consumers Energy Co), Credit Agreement (Panhandle Eastern Pipe Line Co), 364 Day Credit Agreement (Consumers Energy Co)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.00% or (ii) the Floating Rate plus 2.00%.. Amended and Restated Revolving Credit Agreement The Bank of Nova Scotia/Consumers Energy
Appears in 1 contract
