Common use of Default Interest; Alternate Rate of Interest Clause in Contracts

Default Interest; Alternate Rate of Interest. (a) If the Borrower shall default in the payment of the principal of, or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after written notification from the Lender to the Borrower of such amount, the Borrower shall on demand from time to time pay interest, to the extent permitted by law, on all Loans and overdue amounts outstanding up to the date of actual payment of such defaulted amount (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan and (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, for all Alternate Base Rate Loans and for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) If -------------------------------------------- the Borrower shall default in the payment of the principal of, or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after written notification from the Lender Administrative Agent to the Borrower of such amount, the Borrower shall on demand in writing from time to time pay interest, to the extent permitted by law, on all Loans and overdue amounts outstanding up to the date of actual payment of such defaulted amount (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan and (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, for all Alternate Base Rate Loans and for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) If the Borrower Parent shall default in the payment of the principal of, of or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after written notification from the Lender Agent to the Borrower Parent of such amount, the Borrower Parent shall on demand from time to time pay interest, to the extent permitted by law, on all Loans and overdue amounts outstanding up to the date of actual payment of such defaulted amount or until such Default has been cured, if earlier (after as well as before judgment) ), (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan Loans and (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, for all Alternate Base Rate Loans and for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) If In the Borrower event that, and for so long as, any Event of Default shall default in the payment of the principal of, or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after written notification from the Lender to the Borrower of such amounthave occurred and be continuing, the Borrower shall on demand from time to time pay interest, to the extent permitted by lawApplicable Law, on all Loans and overdue amounts outstanding up to (but not including) the date of actual payment of such defaulted Loan or overdue amount (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan and Loan, (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, Loan and for all Alternate Base Rate Loans of a particular Tranche, at 2% in excess of the rate then in effect for Base Rate Loans of the same Tranche and (iii) for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans which are B Term Loans.

Default Interest; Alternate Rate of Interest. (a) If the Borrower Borrowers shall default in the payment of the principal of, or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after written notification from the Lender Administrative Agent to the Borrower Borrowers of such amount, the Borrower Borrowers shall on demand from time to time pay interest, to the extent permitted by law, on all Loans and overdue amounts outstanding up to the date of actual payment of such defaulted amount (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan Loans and (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, for all Alternate Base Rate Loans and for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) If In the event that, and for so long as, (i) any Event of Default described in Section 7.1(h) or Section 7.1(i) hereof shall have occurred and be continuing, or (ii) any other Event of Default shall have occurred and be continuing and the Borrower shall default in the payment of the principal of, or interest on any Loan becoming due hereunder, whether at stated maturity, by acceleration or otherwise, or the payment of any other amount becoming due hereunder after have received written notification notice from the Lender to Administrative Agent that the Borrower of such amountdefault rate shall be in effect, the Borrower shall on demand from time to time pay interest, to the extent permitted by lawApplicable Law, on all Loans and overdue amounts outstanding up to (but not including) the date of actual payment of such defaulted Loan or overdue amount (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, at 2% in excess of the rate then in effect for each such Eurodollar Loan and Loan, (ii) for all periods subsequent to the then current Interest Period for each Eurodollar Loan, Loan and for all Alternate Base Rate Loans, at 2% in excess of the rate then in effect for Base Rate Loans and (iii) for all other overdue amounts hereunder, at 2% in excess of the rate then in effect for Alternate Base Rate Loans.