Common use of After Maturity, Late Payment Rate Clause in Contracts

After Maturity, Late Payment Rate. After maturity, whether by acceleration, notice of intention to prepay or otherwise, the outstanding principal balance of each Loan shall bear interest at the applicable interest rate on such Loan plus 2% per annum until paid (whether before or after the entry of any judgment thereon). Any payment of principal or interest on the Loans, Fees or other amounts payable by the Borrower under the Loan Documents not paid on the date when due and payable shall bear interest, in the case of principal or interest on a Loan, at the applicable interest rate on such Loan plus 2% per annum and, in the case of any Fees or other amounts, at the Alternate Base Rate plus the Applicable Margin plus 2% per annum, in each case from the due date thereof until the date such payment is made (whether before or after the entry of any judgment thereon).

After Maturity, Late Payment Rate. After maturity, whether by acceleration, notice of intention to prepay or otherwise, the outstanding principal balance of each Loan shall bear interest at the applicable interest rate on such Loan plus 2% per annum until paid (whether before or after the entry of any judgment thereon). Any payment of principal or interest on the Loans, Fees or other amounts payable by the Borrower under the Loan Documents not paid on the date when due and payable shall bear interest, in the case of principal or interest on a Loan, at the applicable interest rate on such Loan plus 2% per annum and, in the case of any Fees or other amounts, at the Alternate Base Rate plus the Applicable Margin plus 2% per annum, in each case from the due date thereof until the date such payment is made (whether before or after the entry of any judgment thereon).

After Maturity, Late Payment Rate. After maturity, whether by acceleration, notice of intention to prepay or otherwise, the outstanding principal balance of each Loan the Loans shall bear interest at the applicable interest rate on such Loan Alternate Base Rate plus 2% per annum until paid (whether before or after the entry of any judgment thereon). Any payment of principal or interest on the Loansprincipal, interest, Fees or any other amounts amount payable by the Borrower under the Loan Documents not paid on the date when due and payable shall bear interest, interest at (i) in the case of principal or interest on a Loanprincipal, at the applicable interest rate on such Loan set forth in Section 3.4(a) plus 2% per annum and, and (ii) in the case of any interest, Fees or any other amountsamount payable under the Loan Documents, at the Alternate Base Rate plus the Applicable Margin plus 2% per annum, in each case from the due date thereof until the date such payment is made (whether before or after the entry of any judgment thereon).

After Maturity, Late Payment Rate. After maturity, whether by acceleration, notice of intention to prepay or otherwise, the outstanding principal balance of each Loan the Loans shall bear interest at the applicable interest rate on such Loan Alternate Base Rate plus 2% per annum until paid (whether before or after the entry of any judgment thereon). Any payment of principal or interest on the Loansprincipal, interest, Fees or any other amounts amount payable by the Borrower under the Loan Documents not paid on the date when due and payable shall bear interest, interest at (i) in the case of principal or interest on a Loanprincipal, at the applicable interest rate on such Loan set forth in Section 3.4(a) plus 2% per annum and, and (ii) in the case of any interest, Fees or any other amountsamount payable under the Loan Documents, at the Alternate Base Rate plus the Applicable Margin plus 2% per annum, in each case from the due date thereof until 34 DRAFT 11/15/96 the date such payment is made (whether before or after the entry of any judgment thereon).