Common use of Interest on Miscellaneous Amounts Clause in Contracts

Interest on Miscellaneous Amounts. (1) If the Borrower fails to pay any amount payable hereunder on the due date (including principal, interest thereon, interest upon interest or any other amount), the Borrower shall, on demand, pay interest on such overdue amount to the Agent from and including such due date up to but excluding the date of actual payment, both before and after demand, default or judgment, at a rate of interest per annum equal to the sum of the Prime Rate plus 2.0% per annum, compounded monthly.

Interest on Miscellaneous Amounts. (1) If the Borrower fails Borrowers fail to pay any amount payable hereunder (other than principal, interest thereon or interest upon interest which is payable as otherwise provided in this Agreement) on the due date (including principal, interest thereon, interest upon interest or any other amount)date, the Borrower Borrowers shall, on demand, pay interest on such overdue amount to the Agent each Lender from and including such due date up to but excluding the date of actual payment, both before and after demand, default or judgment, at a rate of interest per annum equal to the sum of the Prime Rate plus 2.0% per annum, compounded monthly.

Interest on Miscellaneous Amounts. (1) If the Borrower fails to pay any amount payable hereunder on the due date (including other than principal, interest thereon, interest upon interest or any other amount)amount on which interest is payable as otherwise provided in this Agreement) on the due date, the Borrower shall, on demand, pay interest on such overdue amount to the Agent from and including such due date up to but excluding the date of actual payment, both before and after demand, default or judgment, at a rate of interest per annum equal to the sum of the Prime Rate plus 2.0% per annum, compounded monthly.

Interest on Miscellaneous Amounts. (1) If the a Borrower fails to pay any amount payable hereunder (other than principal, interest thereon or interest upon interest which is payable as otherwise provided in this Agreement) on the due date (including principaldate, interest thereon, interest upon interest or any other amount), the such Borrower shall, on demand, demand pay interest on such overdue amount to the Agent Lender from and including such due date up to but excluding the date of actual payment, both before and after demand, default or judgment, at a rate of interest per annum equal to the sum of the Prime Rate Advance Rate then applicable to Prime Rate Advances plus 2.0% two (2) percent per annum, calculated daily and compounded monthly.