Common use of Interest After Maturity Clause in Contracts

Interest After Maturity. After the outstanding principal amount of the Loan shall have become past due (by acceleration or past the stated maturity date), such Loans shall bear interest for each day until paid (before and after judgment) at the Default Rate.

Appears in 8 contracts

Samples: Loan Agreement (Isramco Inc), Loan Agreement (Isramco Inc), Loan Agreement (Isramco Inc)

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Interest After Maturity. After the outstanding principal amount of the Loan shall have become past due (by acceleration or past the stated maturity date), such Loans Loan shall bear interest for each day until paid (before and after judgment) at the Default Rate.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Isramco Inc), Loan Agreement (Isramco Inc)

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Interest After Maturity. After the outstanding principal amount of the Convertible Loan outstanding shall have become past due (by acceleration or past the stated maturity datedate except as renewed pursuant to Section 2.7(a) hereof), such Loans Convertible Loan shall bear interest for each day until paid (before and after judgment) at the Default Rate.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Middle Bay Oil Co Inc)

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