Common use of Event of Default; Late Charges Clause in Contracts

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of Default, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of DefaultDefault under Section 8.1(a) or 8.1(b), the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Loans thereto as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of Default, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to two percent (2% %) plus the rate otherwise applicable to such Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin plus two percent (2%), from the date of such nonpayment until paid in full in cash (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of DefaultDefault under Section 9.1(a) or 9.1(b), the outstanding principal balance of the Revolving Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Revolving Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of DefaultDefault under Section 8.1(a) or 8.1(b) hereof, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Loans thereto as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of Default, the outstanding principal balance of the Revolving Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Revolving Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of DefaultDefault under Section 9.1(a) or 9.1(b), the outstanding principal balance of the Revolving Loans shall bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to such Revolving Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.

Event of Default; Late Charges. Notwithstanding the foregoing, after the occurrence and during the continuance of an Event of Default, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 2% plus the PLUS THE rate otherwise applicable to such Loans as provided in subsection (a) above. If any interest, Reimbursement Obligation, Fee or other amount payable under the Loan Documents is not paid when due (whether at the stated maturity thereof, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the Alternate Base Rate plus PLUS 2%, from the date of such nonpayment until paid in full (whether before or after the entry of a judgment thereon). All such interest shall be payable on demand.