Common use of Compounding Clause in Contracts

Compounding. Subject to the other provisions of this Section 2.02, without affecting any of Administrative Agent’s or any Xxxxxx’s rights and remedies hereunder or in respect hereof, all interest (including interest at the Default Rate) on any Loan that is not paid when due shall be added to the outstanding principal balance thereof and thereafter bear interest at the rate then applicable to the outstanding principal balance of such Loan.

Compounding. Subject to the other provisions of this Section 2.02, without affecting any of Administrative Agent’s or any XxxxxxLender’s rights and remedies hereunder or in respect hereof, all interest (including interest at the Default Rate) on any Loan that is not paid when due shall be added to the outstanding principal balance thereof and thereafter bear interest at the rate then applicable to the outstanding principal balance of such Loan.

Compounding. Subject to the other provisions of this Section 2.02, without affecting any of Administrative Agent’s the Agents’ or any XxxxxxLender’s rights and remedies hereunder or in respect hereof, all interest (including interest at the Default Rate) on any Loan the Loans that is not paid when due shall shall, at the election of the Administrative Agent (acting at the direction of the Required Lenders), be added to the outstanding principal balance thereof and thereafter bear interest at the rate then applicable to the outstanding principal balance of such Loanthe Loans.

Compounding. Subject to the other provisions of this Section 2.02, without affecting any of Administrative Agent’s 's or any Xxxxxx’s 's rights and remedies hereunder or in respect hereof, all interest (including interest at the Default Rate) on any Loan that is not paid when due shall be added to the outstanding principal balance thereof and thereafter bear interest at the rate then applicable to the outstanding principal balance of such Loan.