Common use of Interest After Maturity Clause in Contracts

Interest After Maturity. During any period that an Event of Default exists or has occurred and is continuing or after the principal amount of any part of the Prime Rate Portion shall have become due and payable, all amounts outstanding during such period or such amounts that shall have become due and payable, as the case may be, shall bear interest for each day until paid (before and after judgment) at a rate per annum (based on a year of 360 days and actual days elapsed) which for each day shall be the greater of (a) two percent (2%) above the Prime Rate Option on the day such amount become due, and (b) two percent (2%) above the Prime Rate Option, such interest rate to change automatically from time to time effective as of the effective date of each change in the Prime Rate. After the principal amount of any part of the Libor Rate Portion shall have become due and payable, such amount shall bear interest for each day until paid (before and after judgment) (a) until the end of the applicable then current Rate Period at a rate per annum two percent (2%) above the Libor Rate Option otherwise applicable to such part, and (b) thereafter in accordance with the previous sentence.

Interest After Maturity. During any period that an Event of Default exists or has occurred and is continuing or after After the principal amount of any part of the Prime Rate Portion or the ABS Rate Portion shall have become due and payable, all amounts outstanding during such period or such amounts that shall have become due and payable, as the case may be, amount shall bear interest for each day until paid (before and after judgment) at a rate per annum (based on a 360 day year of 360 days and actual days elapsed) which for each day shall be the greater of (a) two percent (2%) % above the Prime Rate Option on the day such amount become due, became due and (b) two percent (2%) % above the Prime Rate Option, such interest rate to change automatically from time to time effective as of the effective date of each change in the Prime Rate. After the principal amount of any part of the Libor LIBOR-Rate Portion or the As-Offered Rate Option shall have become due and payable, such amount shall bear interest for each day until paid (before and after judgment) (a) until the end of the applicable then then-current Rate Period at a rate per annum two percent (2%) % above the Libor LIBOR-Rate Option or the As-Offered Rate Option otherwise applicable to such part, part and (b) thereafter in accordance with the previous sentencefirst sentence of this Section 5.

Interest After Maturity. During any period that an Event of Default exists or has occurred and is continuing or after After the principal amount of any part of the ----------------------- Prime Rate Portion shall have become due and payable, all amounts outstanding during such period or such amounts that shall have become due and payable, as the case may be, amount shall bear interest for each day until paid (before and after judgment) at a rate per annum (based on a year of 360 days and actual days elapsed) which for each day shall be the greater of (a) two percent (2%) percentage points above the Prime Rate Option on the day such amount become due, and (b) two percent (2%) percentage points above the Prime Rate Option, such interest rate to change automatically from time to time effective as of the effective date of each change in the Prime Rate. After the principal amount of any part of the Libor Rate Portion shall have become due and payable, such amount shall bear interest for each day until paid (before and after judgment) (a) until the end of the applicable then current Rate Period at a rate per annum two percent (2%) percentage points above the Libor Rate Option otherwise applicable to such part, and (b) thereafter in accordance with the previous sentence.