Common use of Interest After Event of Default Clause in Contracts

Interest After Event of Default. Interest on any amount of overdue interest on or overdue principal of the Revolving Loans, and interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occurs, and at all times thereafter until the earlier of the date upon which (a) Payment in Full or (b) such Event of Default shall not be continuing, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are bearing interest pursuant to Section 3.1 above, plus eight percent (8%). In the event of any change in said applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight percent (8%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of overdue interest on or overdue matured principal of under the Revolving Loans, and interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occurs, and at all times thereafter until the earlier of the date upon which (ai) Payment all Obligations have been paid and satisfied in Full full or (bii) such Event of Default shall not no longer be continuing, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are bearing interest pursuant to Section 3.1 Sections 4.1 and 4.2 above, plus eight two percent (82.00%)) per annum. In the event of any change in said applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight two percent (82.00%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of overdue interest on or overdue principal of the Revolving Loans, and interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occurs, and at all times thereafter until the earlier of the date upon which (a) Payment all Obligations have been paid and satisfied in Full full or (b) such Event of Default shall not be continuing, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are bearing interest pursuant to Section 3.1 SECTIONS 4.1 AND 4.2 above, plus eight PLUS two percent (82%). In the event of any change in said applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight two percent (82%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of overdue interest on or overdue matured principal of under the Revolving Loans, and at the election of the Required Lenders, interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occurs, and at all times thereafter until the earlier of the date upon which (a) Payment all Obligations have been paid and satisfied in Full full or (b) such Event of Default shall not be continuinghave been cured or waived, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are then bearing interest pursuant to Section 3.1 4.1 above, plus eight two percent (82%). In the event of any change in said applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight two percent (82%) per annum above the then applicable interest rate. The rate hereunder shall be calculated based on a 360 day year for the actual number of days elapsed.

Interest After Event of Default. Interest on any amount of overdue ------------------------------- interest on or overdue principal of the Revolving Loans, and interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occurs, and at all times thereafter until the earlier of the date upon which (a) Payment all Obligations have been paid and satisfied in Full full or (b) such Event of Default shall not be continuing, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are bearing interest pursuant to Section 3.1 Sections 4.1 and 4.2 above, plus eight two percent (82.0%). In the event of any change in said ---- applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight two percent (82.0%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of overdue interest on or overdue matured principal of under the Revolving Loans, and interest on the amount of principal under the Revolving Loans outstanding as of the date an Event of Default occursshall have occurred, and at all times thereafter until the earlier of the date upon which (ai) Payment all Obligations shall have been paid in Full full or (bii) such Event of Default shall not be continuinghave been waived, shall be payable on demand at a rate per annum equal to the rate at which the Revolving Loans are bearing interest pursuant to Section 3.1 Sections 5.1 and 5.2 above, plus eight two percent (82%). In the event of any change in said applicable interest rate, the rate hereunder shall change, effective as of the day the applicable interest rate changes, so as to remain eight two percent (82%) per annum above the then applicable interest rate.