Common use of Interest on Fees Clause in Contracts

Interest on Fees. If any fee or other amount payable by the Borrower hereunder is not paid when due, such overdue amount shall bear interest at a rate which is two percent (2.0%) per annum in excess of the Tranche B Applicable Interest Rate as in effect from time to time.

Interest on Fees. If any fee or other amount payable by the Borrower hereunder is not paid when due, such overdue amount shall bear interest at a rate which is two percent (2.0%) per annum in excess of the Tranche B Applicable Interest Rate as in effect from time to time.

Interest on Fees. If any fee or other amount payable by the Borrower hereunder is not paid when due, such overdue amount shall bear interest at a rate which is two percent (2.0%) per annum in excess of the Tranche B Applicable Interest then applicable interest rate on Index Rate as in effect from time to timeLoans.