Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Fee, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a rate per annum of ten percent (10%).
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Samples: Term Credit Agreement (Lucys Cafe Inc), Term Credit Agreement (Pro Elite Inc)
Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten equal at all times to the Interest Rate plus two percent (10%2.0).
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Samples: Membership Unit Purchase Agreement (Aztec Oil & Gas, Inc.), Term Credit Agreement (Aztec Oil & Gas, Inc.)
Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term LoanLoans, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a rate per annum of ten equal to the Interest Rate plus three percent (103.0%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten PER ANNUM equal at all times to the Interest Rate PLUS two percent (102.0%).
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Samples: Term Credit Agreement (Visijet Inc)
Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten equal at all times to the Interest Rate PLUS two percent (102.0%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a rate per annum of ten month equal at all times to two and one-half percent (102.5%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a rate per annum of ten equal at all times to the Interest Rate plus two percent (102.0%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten equal at all times to the Interest Rate plus three percent (103.0%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten equal at all times to the Interest Rate plus five percent (105.0%).
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Interest on Event of Default. Upon the occurrence and during the continuance of an Event of Default, Borrower agrees to pay interest on the entire unpaid principal amount of the Term Loan, as well as the Loan Feeon any interest or other amount past due, from the date of such Event of Default until the date the same is cured in full, payable on demand, at a fluctuating rate per annum of ten equal at all times to the Interest Rate plus two percent (102.0%).
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