Common use of Interest After an Event of Default Clause in Contracts

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice to the Borrower of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or demand, the Facility A Maturity Date or upon the Facility B Maturity Dateoccurrence of an Event of Default specified in Section 8.1(f) or 8.1(g) hereof, as appropriateimmediately, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate, but any failure to do so will not affect the application of such rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section SECTION 8.1(f) or OR (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section SECTION 8.1(f) or OR (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower Borrowers, through the Notification Agent, of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrowers, through the Notification Agent, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and -------------- --- during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Revolving Commitment Maturity Date or the Facility B Term Loan Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during -------------- --- any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on each Quarterly Date and on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders or all Lenders, as applicable) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of the Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and -------------- --- during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Revolving Commitment Maturity Date, the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Determining Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section SECTION 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section SECTION 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower Borrower, of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice to the Borrower of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance -------------- --- thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. Notwithstanding the foregoing, (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand demand, the Maturity Date (if such interest is on the Revolving Credit Loan) or the Facility A Maturity Date Option Date, or the Facility B Maturity DateExtension Final Maturity, as appropriateapplicable, with respect to the Working Line Loan, or upon the occurrence of an Event of Default specified in Section 8.1(f) or 8.1(g) hereof, immediately, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan DocumentsPapers, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate, but any failure to do so will not affect the application of such rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section SECTION 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section SECTION 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section SECTION 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section SECTION 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or in case of an Event of Default specified in clause (ii) hereof, to give notice to the Borrower of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during -------------- --- any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Revolving Commitment Maturity Date , the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate, provided, however, the failure of the Lenders to provide such notice shall not preclude the Lenders from charging interest at the Default Rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender has given notice of the decision to charge interest at the Default RateLenders, and (ii) after an Event of Default specified in Section 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or demand, the Facility A Maturity Date or upon the Facility B Maturity Dateoccurrence of an Event of Default specified in Section 8.1(f) or 8.1(g) hereof, as appropriateimmediately, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan DocumentsPapers, or to give notice to the Borrower of the decision to charge interest at the Default Rate. The Lenders will undertake to notify the Borrower, after the effective date, of the decision to charge interest at the Default Rate, but any failure to do so will not affect the application of such rate.

Interest After an Event of Default. (i) After an Event of Default ---------------------------------- (other than an Event of Default specified in Section SECTION 8.1(f) or (g) hereof) and -------------- --- during any continuance thereof, at the option of Determining Lenders and provided that the Administrative Lender Agent has given notice of the decision to charge interest at the Default Rate, and (ii) after an Event of Default specified in Section SECTION 8.1(f) or (g) hereof and during any continuance thereof, -------------- --- automatically and without any action or notice by the Administrative Lender Agent or any Lender, the Obligations shall bear interest at a rate per annum equal to the Default Rate. Such interest shall be payable on the earlier of demand or the Facility A Maturity Date or the Facility B Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Determining Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations. The Lenders shall not be required to accelerate the maturity of the Advances, to exercise any other rights or remedies under the Loan Documents, or in case of an Event of Default specified in clause (ii)hereof, to give notice to the Borrower Borrowers of the decision to charge interest at the Default Rate.