Common use of Rate after Maturity Clause in Contracts

Rate after Maturity. Borrower shall pay interest on the Revolving Loan after its Maturity, and (at the option of Lender) on the Revolving Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 2% plus the Prime Rate.

Appears in 2 contracts

Samples: Loan Agreement (Intrav Inc), Loan Agreement (Insituform Technologies Inc)

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Rate after Maturity. Borrower shall pay interest on the Revolving a Loan after its Maturity, and (at the option of Lender) on upon all the Revolving Loan Loans and on the other Loan Obligations amounts that are owing with respect thereto after the occurrence of an Event of Default, at a rate per annum of 2% rate equal to the rate that would otherwise apply hereunder plus the Prime Rate4%.

Appears in 1 contract

Samples: Loan Agreement (Davel Communications Group Inc)

Rate after Maturity. Borrower shall pay interest on the Revolving Loan Loans after its their Maturity, and (at the option of Lender) on the Revolving Loan Loans and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of equal to 2% plus the Prime Alternate Base Rate.

Appears in 1 contract

Samples: Loan Agreement (Labarge Inc)

Rate after Maturity. Borrower shall pay interest on the Revolving Loan Loans after its their Maturity, and (at the option of Lender) on the Revolving Loan Loans and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 2% equal to the Adjusted Base Rate plus the Prime Rate3%.

Appears in 1 contract

Samples: Loan Agreement (Centene Corp)

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Rate after Maturity. Borrower shall pay interest on the Revolving each Loan after its Maturity, and (at the option of LenderLenders) on the Revolving each Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 22.0% plus the Prime Raterate that would otherwise apply hereunder.

Appears in 1 contract

Samples: Credit Facilities Agreement (Dt Industries Inc)

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