Common use of Default Rate Clause in Contracts

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) , all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation continuance of an Event of Default and at the election of Agent or the Required Lenders, Default, (ia) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof Loans then outstanding shall bear interest at a per annum rate equal to 2 the rate otherwise applicable to such Loan plus 2.0 percentage points, and (b) the Letter of Credit Fee shall be increased to 2.0 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee . All amounts payable under this Section 2.4 shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunderdue and payable on demand by Agent.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and two (ii2) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder, and (ii) the overdue Letter of Credit Fees shall be increased to two (2) percentage points above the per annum rate otherwise applicable hereunder. Interest at the above referenced rate (the "Default Rate") shall be payable upon demand.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been whether or not charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at any time following the election of Agent or the Required LendersTermination Date, (i) the principal amount of all Obligations (except for undrawn Letters of CreditCredit and Bank Products) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.12 shall be increased to 2 by three (3) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the each Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) the interest rate applicable to all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations which are due and owing under the Loan Documents (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at upon the election of Agent or the Required Lenders,: (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunder, ; and (ii) the Letter of Credit Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) , all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) and the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the written election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the written election of Agent or the Required Supermajority Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Administrative Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations which are due and owing under the Loan Documents (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points Two percent (2.0%) above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points Two percent (2.00%) above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and two (ii2) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder, and (ii) the overdue Letter of Credit Fees shall be increased to two (2) percentage points above the per annum rate otherwise applicable hereunder. Interest at the above referenced rate (the “Default Rate”) shall be payable upon demand.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderthereto, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required Lenders, (i1) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii2) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election discretion of Agent or the election of the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all Obligations (except for undrawn Letters of CreditCredit and Bank Product Obligations) that have been charged to the applicable Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the applicable Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon At the election of Agent or the Required Lenders upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all unpaid Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all the overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the overdue Letter of Credit Fee Fees shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required LendersLender, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 three (3) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fees provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Bank Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points per annum above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points per annum above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Loans and other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Administrative Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Default, if elected by Agent or the Required LendersLenders during such time, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans and all other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation continuance of an a Significant Event of Default and at the election of Agent or the Required LendersDefault, (i) all overdue Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at after the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election discretion of Agent or the election of the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters Letter of CreditCredit Usage) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Participation Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon After the occurrence and during the continuation continuance of an Event of Default and a Default, at the election option of the Administrative Agent or at the direction of the Required Lenders, , (i) all the interest rate(s) applicable to the Obligations (except for undrawn and the letter of credit fee payable under Section 2.24 with respect to Facility Letters of Credit) that have been charged Credit shall be equal to the Loan Account pursuant Base Rate plus the highest Applicable Margin with respect to the terms hereof shall bear interest at a Base Rate Loans as set forth in Section 2.8 plus two percent (2.00%) per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and and (ii) the Applicable Letter of Credit Fee shall be increased to 2 percentage points above the by two percent (2.00%) per annum rate otherwise applicable hereunderannum.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders, (i) ), all Obligations (except for undrawn Letters of CreditCredit and Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderto such Obligations hereunder, and (ii) and the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and Lender Hedging Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points four percent (4%) above the per annum rate otherwise applicable thereunderhereunder, and and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points four percent (4%) above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Loans, and Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof hereof, shall bear interest at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders, ), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) and the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fees provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon Immediately upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and and (iiB) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon Subject to the Agreement Among Lenders, upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all or any portion of the Loans and other Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof hereof, shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.0 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 by 4.0 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 3 percentage points above the per annum rate otherwise applicable thereunderthereon, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 3 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of (if Agent or the Required LendersLenders so elect), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points 2% above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in clause (b) above shall be increased to 2 percentage points a rate 2% above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Revolving Loans, the Term Loan and all other Obligations (except for undrawn Letters of Credit) that have been charged to the applicable Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the applicable Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at upon the election of Agent or the Required Lenders, : (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunder, and ; and (ii) the Letter of Credit Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the written election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon (i) Immediately upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and and (iiB) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and Default, at the election of Agent or the Required Lenders, (ia) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (iib) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i1) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii2) the Letter of Credit Fee fee provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at upon the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 2.00 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee shall be increased to 2 2.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderrate, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default Default, and at following the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above which is 2.00% in excess of the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fee shall be increased to 2 percentage points above bear interest at a per annum rate which is 2.00% in excess of the per annum rate otherwise applicable hereunderthereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account Accounts pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersDefault, (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 four (4) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 four (4) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be calculated by using an increased to per annum rate of 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders, (i) ), all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders, ), (ii ) all Obligations (except for Bank Product Obligations and undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points four percent (4.0%) above the per annum rate otherwise applicable thereunderhereunder to Base Rate Loans, and and (ii) the Letter of Credit Fee shall be increased to 2 four (4) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit ) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 four (4) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 four (4) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required LendersLender), (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 two (2) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 two (2) percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. (i) Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required LendersXxxxxxx, (iA) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, hereunder; and (iiB) the Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder. (ii) [Reserved].

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account Accounts pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, (i) all Obligations (except for undrawn Letters of Credit) that have been charged to the a Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and (ii) the Letter of Credit Fee fees provided for in Section 2.6(b) shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 4.00 percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 4.00 percentage points above the per annum rate otherwise applicable hereunder.

Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), (i) all Obligations (except for undrawn Letters of CreditCredit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 three (3) percentage points above the per annum rate otherwise applicable thereunderhereunder, and (ii) the Letter of Credit Fee fee provided for above shall be increased to 2 three (3) percentage points above the per annum rate otherwise applicable hereunder.