Common use of Continuation of Interest Charges Clause in Contracts

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 5 contracts

Samples: Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Healthessentials Solutions Inc)

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Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans shall continue to accrue and be paid even after default, maturity, acceleration, termination of the Credit Facility, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 4 contracts

Samples: Credit Agreement (Adcare Health Systems, Inc), Loan and Security Agreement (New York Health Care Inc), Credit Agreement (Prospect Medical Holdings Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Loans, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 3 contracts

Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (Ecc International Corp), Senior Loan and Security Agreement (Interpool Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Revolving Loans shall continue to accrue and be paid even after default, maturity, acceleration, termination of the Credit Facility, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 2 contracts

Samples: Credit Agreement (Clarient, Inc), Credit Agreement (Clarient, Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Loans, regardless of the then applicable interest rate, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 2 contracts

Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Fidelity Leasing Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Loans, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilardissimilar to the foregoing.

Appears in 2 contracts

Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (RCM Technologies Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Revolving Loans shall continue to accrue and be paid even after default, maturity, acceleration, termination of the Credit Facility, judgment, bankruptcy, bankruptcy or insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 2 contracts

Samples: Credit Agreement (Enzo Biochem Inc), Credit Agreement (Assisted 4 Living, Inc.)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Advances, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Capital Associates Inc)

Continuation of Interest Charges. All contractual rates of -------------------------------- interest chargeable on outstanding Loans principal under the Loans, regardless of the rate option, shall continue to accrue and be paid even after defaultDefault, an Event of Default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Opinion Research Corp)

Continuation of Interest Charges. All contractual rates of -------------------------------- interest chargeable on outstanding Loans Loans, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Revolving Credit Loans, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence occurrences similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Pia Merchandising Services Inc)

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Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Term Loan shall continue to accrue and be paid even after default, maturity, acceleration, termination of this Agreement, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Senior Credit Agreement (Minrad International, Inc.)

Continuation of Interest Charges. All contractual rates of -------------------------------- interest chargeable on outstanding Loans Loans, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Bankvest Capital Corp)

Continuation of Interest Charges. All contractual rates of -------------------------------- interest chargeable on outstanding Loans hereunder, regardless of the rate option, shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans Loans, regardless of the rate option, shall continue to accrue and be paid even after default, an Event of Default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Qk Healthcare Inc)

Continuation of Interest Charges. All contractual rates of interest chargeable on outstanding Loans the Term Loan shall continue to accrue and be paid even after default, maturityacceleration, accelerationtermination of this Agreement, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Photomedex Inc)

Continuation of Interest Charges. All contractual rates -------------------------------- of interest chargeable on outstanding Loans principal under the Loans, regardless of the rate option, shall continue to accrue and be paid even after defaultDefault, Event of Default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.

Appears in 1 contract

Samples: Loan and Security Agreement (Opinion Research Corp)

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