Common use of Interest After Event of Default Clause in Contracts

Interest After Event of Default. Interest on any amount of matured principal 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 (i) all Obligations have been paid and satisfied in full or (ii) such Event of Default shall 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 Sections 4.1 and 4.2 above, plus two percent (2.00%) 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 two percent (2.00%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of matured overdue interest on or overdue principal under 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 (ia) all Obligations have been paid and satisfied Payment in full Full or (iib) such Event of Default shall no longer 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 Sections 4.1 and 4.2 Section 3.1 above, plus two eight percent (2.008%) 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 two eight percent (2.008%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of matured principal 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 (i) all Obligations shall have been paid and satisfied in full or (ii) such Event of Default shall no longer 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 Sections 4.1 5.1 and 4.2 5.2 above, plus two percent (2.002%) 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 two percent (2.002%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of matured overdue interest on or overdue principal under 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 (ia) all Obligations have been paid and satisfied in full or (iib) such Event of Default shall no longer 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 Sections SECTIONS 4.1 and AND 4.2 above, plus PLUS two percent (2.002%) 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 two percent (2.002%) per annum above the then applicable interest rate.

Interest After Event of Default. Interest on any amount of matured overdue interest on or overdue principal under 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 (ia) all Obligations have been paid and satisfied Payment in full Full or (iib) such Event of Default shall no longer 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 Sections 4.1 and 4.2 Section 3.1 above, plus two eight percent (2.008.00%) 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 two eight percent (2.008.00%) per annum above the then applicable interest rate.