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

Default Interest; Alternate Rate of Interest. (a) So long as an Event of Default shall have occurred and be continuing (after, as well as before a judgment), the Borrower shall on demand from time to time pay interest, to the extent permitted by Applicable Law, on any then unpaid amount of the Obligations at a rate per annum (i) for the remainder of the then current Interest Period for each Eurodollar Loan, equal to 2% in excess of the rate then in effect for 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, equal to 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) So long as Upon the occurrence and during the continuance of an Event of Default shall have occurred and be continuing (after, as well as before a judgment)Default, the Borrower shall on demand in writing from time to time pay interest, to the extent permitted by Applicable Law, on any then unpaid amount all Loans and overdue amounts outstanding up to the date of the Obligations at a rate per annum actual payment of such amounts (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, equal to 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, equal to at 2% in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) So In the event that, and for so long as an as, any Event of Default shall have occurred and be continuing (after, as well as before a judgment)continuing, the Borrower shall on demand from time to time pay interest, to the extent permitted by Applicable Law, on any then unpaid all Loans and overdue amounts outstanding up to (but not including) the date of actual payment of such Loan or overdue amount of the Obligations at a rate per annum (after as well as before judgment) (i) for the remainder of the then current Interest Period for each Eurodollar Loan, equal to at two percent (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, Loan and for all Alternate Base Rate Loans and for all other overdue amounts hereunder, equal to at two percent (2% %) in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) So long as Upon the occurrence and during the continuance of an Event of Default shall have occurred and be continuing (after, as well as before a judgment)Default, the Borrower shall on demand in writing from time to time pay interest, to the extent permitted by Applicable Law, on any then unpaid amount all Loans and overdue amounts outstanding up to the date of the Obligations at a rate per annum actual payment of such amounts (after as well as before judgment) (i) for the remainder of the then then-current Interest Period for each Eurodollar Loan, equal to at 2% per annum in excess of the rate then in effect for each such Eurodollar Loan and (ii) for all periods subsequent to the then then-current Interest Period for each Eurodollar Loan, for all Alternate Base Rate Loans and for all other overdue amounts hereunder, equal to at 2% per annum in excess of the rate then in effect for Alternate Base Rate Loans.

Default Interest; Alternate Rate of Interest. (a) So long as an Event of Default shall have occurred and be continuing (after, as well as before a judgment), the Borrower Borrowers shall on demand from time to time pay interest, to the extent permitted by Applicable Law, on any then unpaid amount of the Obligations at a rate per annum (i) for the remainder of the then current Interest Period for each Eurodollar Loan, equal to 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 hereunderLoan, equal to at 2% in excess of the rate then in effect for each such Alternate Base Rate LoansLoan.

Default Interest; Alternate Rate of Interest. (a) So long as an Event If the Borrower shall default in the payment of Default shall have occurred and be continuing (afterthe principal of, as well as before a judgment)or interest on any Loan or any other amount becoming due hereunder, whether at stated maturity, by acceleration or otherwise, the Borrower shall on demand from time to time pay interest, to the extent permitted by Applicable Law, Law on any then unpaid all Loans and overdue amounts outstanding up to the date of actual payment of such defaulted amount of (after as well as before judgment) at the Obligations at a rate following rates per annum annum: (i) for the remainder of the then current Interest Period for each Eurodollar Loan, equal the rate applicable to such Loan plus 2% in excess of the rate then in effect for such Eurodollar Loan per annum and (ii) for all periods subsequent in the case of any other amount, the rate that would be applicable to the then current Interest Period for each Eurodollar Loan, for all an Alternate Base Rate Loans and for all other overdue amounts hereunder, equal to Loan plus 2% in excess of the rate then in effect for Alternate Base Rate Loansper annum.