Interest on Overdue Amounts. All overdue amounts (including principal, interest and fees) hereunder shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (ii) in the case of Eurodollar Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans, the rate of interest applicable thereto, changing as and when such rate shall change.
Appears in 7 contracts
Samples: Credit Agreement (Southwest Gas Holdings, Inc.), Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp)
Interest on Overdue Amounts. All overdue amounts (including principal, interest and fees) hereunder shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (ii) the rate otherwise applicable thereto (or, in the case of Eurodollar Term Benchmark Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans, the rate of interest applicable thereto, changing as and when such rate shall change).
Appears in 3 contracts
Samples: Term Loan Credit Agreement (Southwest Gas Corp), Term Loan Credit Agreement (Southwest Gas Corp), Day Term Loan Credit Agreement (Southwest Gas Holdings, Inc.)
Interest on Overdue Amounts. All overdue amounts (including principal, interest and fees) hereunder shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (ii) in the case of Eurodollar Term SOFR Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans and Daily Simple SOFR Loans, the rate of interest applicable theretoto ABR Loans, changing as and when such rate shall change.
Appears in 2 contracts
Samples: Credit Agreement (Southwest Gas Holdings, Inc.), Revolving Credit Agreement (Southwest Gas Holdings, Inc.)
Interest on Overdue Amounts. All Anything herein to the contrary notwithstanding, all overdue amounts (including principalhereunder, interest and fees) hereunder and, during the continuance of any Event of Default that shall have occurred, each Loan, shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 22.00% and (ii) the rate then applicable, changing as and when such rate shall change, until, in the case of Eurodollar Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans, the rate of interest applicable thereto, changing as and when such rate shall change.
Appears in 2 contracts
Samples: Credit Agreement (Apogee Enterprises Inc), Subsidiary Guaranty Agreement (Apogee Enterprises Inc)
Interest on Overdue Amounts. All overdue amounts (including principal, interest and fees) hereunder shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (iii) in the case of Eurodollar Loans, the rate then applicable thereto until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, change and (ii) in the case of ABR Loansall other amounts, the rate of interest applicable theretoto ABR Loans, changing as and when such rate shall change.
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Interest on Overdue Amounts. All Anything herein to the contrary notwithstanding, all overdue amounts (including principalhereunder, interest and fees) hereunder and, during the continuance of any Event of Default that shall have occurred, each Loan, shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (ii) the rate then applicable, in the case of Eurodollar Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans, the rate of interest applicable thereto, changing as and when such rate shall change.
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Interest on Overdue Amounts. All overdue amounts (including principal, interest and fees) hereunder shall bear interest, payable on demand, at a rate per annum equal to the sum of (i) 2% and (ii) the rate otherwise applicable thereto (or, in the case of Eurodollar EurodollarTerm Benchmark Loans, the rate then applicable until the end of the current Interest Period therefor, and thereafter the rate of interest applicable to ABR Loans, changing as and when such rate shall change, and in the case of ABR Loans, the rate of interest applicable thereto, changing as and when such rate shall change).
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