Common use of Interest After Maturity Clause in Contracts

Interest After Maturity. Whenever any payment to be made hereunder, under the Notes or under any of the Loan Documents shall become due and payable, whether at the stated maturity thereof, by acceleration or otherwise, interest thereon shall thereafter be payable at the interest rate per annum then in effect plus 300 basis points.

Interest After Maturity. Whenever any payment to be made hereunder, under the Notes Note or under any of the Loan Documents shall become due and payable, whether at the stated maturity thereof, by acceleration or otherwise, interest thereon shall thereafter be payable at the interest a rate per annum then in effect plus 300 basis pointsequal to 1% above the Prime Rate.

Interest After Maturity. Whenever any payment to be made hereunder, under the Notes Note or under any of the Loan Documents shall become due and payable, whether at the stated maturity thereof, by acceleration or otherwise, interest thereon shall thereafter be payable at the interest rate per annum then in effect plus 300 basis points.