Common use of Interest After Maturity Clause in Contracts

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

Appears in 14 contracts

Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

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Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) two percent (2.00% %) in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) two percent (2.00% %) in excess of the Base Reference Rate in effect from time to time.

Appears in 4 contracts

Samples: Credit Agreement (Interra Financial Inc), Credit Agreement (Dain Rauscher Corp), Credit Agreement (Dain Rauscher Corp)

Interest After Maturity. Any amount of the Loans Loan not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

Appears in 3 contracts

Samples: Term Loan Agreement (Otter Tail Corp), Term Loan Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Prime Rate in effect from time to time.

Appears in 2 contracts

Samples: Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (Otter Tail Corp)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.001.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.001.00% in excess of the Base Reference Rate in effect from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Pentair Inc), Credit Agreement (Pentair Inc)

Interest After Maturity. Any principal amount of the Loans any Loan not paid when duedue (at maturity, whether at the date scheduled therefor by acceleration or earlier upon acceleration, otherwise) shall bear interest thereafter until paid in full (before or after judgment), payable on demand, at a rate per annum equal to the greater Interest Rate of such Loan (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate as in effect from time to timeon the date of Default) plus 3% ("Default Rate").

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)

Interest After Maturity. Any amount of the Term Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) two percent (2.00% %) in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) two percent (2.00% %) in excess of the Base Reference Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Dain Rauscher Corp)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) Reference Rate plus 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to timeper annum.

Appears in 1 contract

Samples: Credit Agreement (Patterson Dental Co)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.001.75% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.001.75% in excess of the Base Reference Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Merrill Corp)

Interest After Maturity. Any amount of the Loans Loan not paid when due, ----------------------- whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Stancorp Financial Group Inc)

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Interest After Maturity. Any If any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Otter Tail Corp)

Interest After Maturity. Any amount of the Loans Loan not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Stancorp Financial Group Inc)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Reference Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Medgenesis Inc)

Interest After Maturity. Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.003.00% in excess of the Base Prime Rate in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (Chronimed Inc)

Interest After Maturity. Any amount portion of the Loans a Loan that is not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount thereof immediately before it became due, or (ii) the sum of 2.00% in excess of plus the Base Rate as in effect from time to timetime plus the Applicable Margin for Base Rate Advances.

Appears in 1 contract

Samples: Term Loan Agreement (Otter Tail Corp)

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