Interest After Maturity. The principal amount of the Obligations and any other amounts secured by this Mortgage and, to the extent permitted by law, any accrued interest thereon, shall bear interest from and after maturity, whether or not resulting from acceleration, at the Default Rate, but this shall not constitute an extension of time for payment of the Obligations or such other amounts or accrued interest.
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Samples: Mortgage and Security Agreement (American Leisure Holdings, Inc.), Mortgage and Security Agreement (American Leisure Holdings, Inc.)
Interest After Maturity. The principal amount of the Obligations and any other amounts secured by this Leasehold Mortgage and, to the extent permitted by law, any accrued interest thereon, shall bear interest from and after maturity, whether or not resulting from acceleration, at the Default Rate, payable on demand, but this shall not constitute an extension of time for payment of the Obligations or such other amounts or accrued interest.
Appears in 2 contracts
Samples: Mortgage of Leasehold, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Blackhawk Biofuels, LLC), Subordinated Mortgage of Leasehold, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Blackhawk Biofuels, LLC)
Interest After Maturity. The principal amount of the Mortgage ------------------------ Obligations and any other amounts secured by this Mortgage and, to the extent if permitted by law, any accrued interest thereon, shall bear interest from and after maturity, whether or not resulting from acceleration, at the Default Applicable Rate, but this shall not constitute an extension of time for payment of the Obligations or such other amounts or accrued interestMortgage Obligations.
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Interest After Maturity. The principal amount of the Obligations Indebtedness and any other amounts secured by this Mortgage and, to the extent if permitted by law, any accrued interest thereon, shall bear interest from and after maturity, whether or not resulting from acceleration, at the Default Applicable Rate, but this shall not constitute an extension of time for payment of the Obligations or such other amounts or accrued interestIndebtedness.
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Interest After Maturity. The principal amount of the Obligations Indebtedness and any other amounts secured by this Mortgage and, to the extent if permitted by law, any accrued interest thereon, shall bear interest from and after maturity, whether or not resulting from acceleration, at the Default Raterate provided for in Section 503 of the Indenture, but this shall not constitute an extension of time for payment of the Obligations or such other amounts or accrued interestIndebtedness.
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Samples: Mortgage, Security Agreement, and Assignment of Leases and Rents (SLM International Inc /De)
