Common use of Interest on Default Clause in Contracts

Interest on Default. 53 2.10 Prepayment.....................................................................................54 2.11 Determination, Denomination and Redenomination of Alternative Currency Advances................55 2.12 Prime-based Advance in Absence of Election or Upon Default.....................................56 2.13 Revolving Credit Facility Fee..................................................................56 2.14 Currency Appreciation; Aggregate Sublimit; Mandatory Reduction of Indebtedness.................57 2.15 Optional Reduction or Termination of Revolving Credit Maximum Amount...........................58 2.16 Extension of Revolving Credit Maturity Date....................................................59 2.17 Optional Increase in Revolving Credit Maximum Amount...........................................60 2.18 Revolving Credit as Renewal; Application of Advances; Existing Advances........................62

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corporation)

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Interest on Default. 53 38 2.10 Prepayment.....................................................................................54 Prepayment of Revolving Credit Advances........................................................38 2.11 Determination, Denomination and Redenomination of Alternative Currency Advances................55 Reserved.......................................................................................39 2.12 Prime-based Advance in Absence of Election or Upon upon Default.....................................56 39 2.13 Revolving Credit Facility Fee..................................................................56 39 2.14 Currency Appreciation; Aggregate SublimitMandatory Reduction of Indebtedness............................................................39 2.15 Mandatory Repayment of Revolving Advances; Mandatory Reduction of Indebtedness.................57 2.15 Revolving Credit Aggregate Commitment.....................................................................................40 2.16 Optional Reduction or Termination of Revolving Credit Maximum Amount...........................58 2.16 Aggregate Commitment.....................41 2.17 Extension of Revolving Credit Maturity Date....................................................59 2.17 Optional Increase in Revolving Credit Maximum Amount...........................................60 42 2.18 Revolving Credit as Renewal; Application of Advances; Existing Advances........................62........................................................................43

Appears in 1 contract

Samples: Revolving Credit Agreement (Plastipak Holdings Inc)

Interest on Default. 53 51 2.10 Prepayment.....................................................................................54 .........................................................................52 2.11 Determination, Denomination and Redenomination of Alternative Currency Advances................55 ..................................................................53 2.12 Prime-based Advance in Absence of Election or Upon Default.....................................56 .........................53 2.13 Revolving Credit Facility Fee..................................................................56 ......................................................54 2.14 Currency Appreciation; Aggregate SublimitSublimits; Mandatory Reduction of Indebtedness.................57 .......................................................................54 2.15 Optional Reduction or Termination of Revolving Credit Maximum Amount...........................58 .............................................................................56 2.16 Extension of Revolving Credit Maturity Date....................................................59 ........................................57 2.17 Optional Increase in Revolving Credit Maximum Amount...........................................60 2.18 Revolving Credit as Renewal; Application of Advances; Existing Advances........................62...............................57 2.18 Optional Increase in Revolving Credit Maximum Amount...............................58

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corporation)

Interest on Default. 53 28 2.10 Prepayment.....................................................................................54 ....................................................................................28 2.11 Determination, Denomination and Redenomination of Alternative Currency Advances................55 .............................................................................29 2.12 Prime-based Advance in Absence of Election or Upon Default.....................................56 ....................................29 2.13 Revolving Credit Facility Fee..................................................................56 .................................................................30 2.14 Currency Appreciation; Aggregate Sublimit; Mandatory Reduction of Indebtedness.................57 ....................................30 2.15 Optional Reduction or Termination of Revolving Credit Maximum Amount...........................58 Aggregate Commitment....................................................................................31 2.16 Extension Extensions of Revolving Credit Maturity Date....................................................59 2.17 Optional Increase in Revolving Credit Maximum Amount...........................................60 2.18 Revolving Credit as Renewal; Application of Advances; Existing Advances........................62..................................................32 2.17

Appears in 1 contract

Samples: Term Revolving Credit Agreement (Vishay Intertechnology Inc)

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Interest on Default. 53 2.10 Prepayment.....................................................................................54 2.11 Determination, Denomination 21 2.7 Requests for Advances and Redenomination Requests for Refundings and Conversions of Alternative Currency Revolving Credit Advances................55 2.12 ...........................................................21 2.8 Disbursement of Revolving Credit Advances...........................................23 2.9 Prime-based Advance in Absence of Election or Upon Default.....................................56 2.13 ..........................24 2.10 Prepayment..........................................................................24 2.11 Revolving Credit Facility Commitment Fee..................................................................56 2.14 Currency Appreciation; Aggregate Sublimit; Mandatory .....................................................25 2.12 Reduction of Indebtedness.................57 2.15 ; Revolving Credit Aggregate Commitment..........................................................................25 2.13 Optional Reduction or Termination of Revolving Credit Maximum Amount...........................58 2.16 Aggregate Commitment..........................................................................25 2.14 Extension of Revolving Credit Maturity Date....................................................59 2.17 Optional Increase in .........................................26 2.15 Use of Revolving Credit Maximum Amount...........................................60 2.18 Revolving Credit as Renewal; Application of Advances; Existing Advances........................62Proceeds....................................................26

Appears in 1 contract

Samples: Credit Agreement (Mce Companies Inc)

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