Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. above:
Appears in 82 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Global Ship Lease, Inc.), Agreement (Diana Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 per cent. above:
Appears in 34 contracts
Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Box Ships Inc.), Agreement (DryShips Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. 2.00 percent above:
Appears in 24 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 2.50 per cent. above:
Appears in 22 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Castor Maritime Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 1.5 per cent. above:
Appears in 8 contracts
Samples: Loan Agreement (TBS International LTD), Agreement (TBS International LTD), Loan Agreement (Knightsbridge Tankers LTD)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Facility Agent to be 2 per cent. above:
Appears in 6 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate Loan Interest Rate plus 2.0% per annum determined by the Agent to be 2 per cent. above:annum.
Appears in 5 contracts
Samples: Fsru Lease Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 2.5 per cent. above:
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Danaos Corp)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be of 2 per cent. above:per annum.
Appears in 4 contracts
Samples: Agreement (Golar LNG LTD), Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Agreement (Golar LNG Partners LP)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. , above:
Appears in 4 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 two per cent. (2%) above:
Appears in 3 contracts
Samples: Loan Agreement (Alma Maritime LTD), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 2.00 per cent. above:
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Issuer to be 2 1.5 per cent. above:, the rate set out in Clause 6.3.
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1.5 per cent. above:
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. percent above:
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 4 per cent. above:
Appears in 2 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 per cent. cent above:
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (Tsakos Energy Navigation LTD)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 2.0 per cent. above:
Appears in 2 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Agreement (DryShips Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1 per cent. above:
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1.5 per cent. abovecent plus:
Appears in 2 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. above:above the rate set out in Clause 8.3.
Appears in 1 contract
Samples: Agreement (Euronav NV)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. abovecent.above:
Appears in 1 contract
Samples: Loan Agreement
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date on which that amount became due until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment): in the case of any principal (including any capitalised interest) at the rate per annum determined by the Agent to be 2 of thirteen point seven (13.7) per cent. above:(representing the fixed interest payable pursuant to Clause 5.2 plus one (1) per cent. per annum); and
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 two per cent. (2%) above:
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date such amount becomes due until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (Seacastle Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Administrative Agent to be 2 per cent. 2.00% above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Paying Agent to be 2 1 per cent. abovecent plus:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 1.125 per cent. cent above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1.35 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date such amount becomes due until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (Seacastle Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date as set forth in Clause 7.1 until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. 2.00 percent above:
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. two percent (2%) above:: Confidential
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount (and any unpaid interest with respect thereto) from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate of 2% per annum determined by the Agent to be 2 per cent. above:annum.
Appears in 1 contract
Samples: Loan Agreement (GasLog Partners LP)
Default Rate of Interest. Interest interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 1 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 1 per cent. , above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 4.00 per cent. above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent Lender to be 2 1.0 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the a fixed rate per annum determined by the Agent to be 2 of 8.75 per cent. above:per annum.
Appears in 1 contract
Samples: Agreement (Golar LNG Partners LP)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 1 per cent. abovecent plus:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 2.5 per cent. above:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. abovecent plus:
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the rate per annum determined by the Agent to be 2 per cent. two percent (2%) above:
Appears in 1 contract