Common use of Interest Rate After Maturity Clause in Contracts

Interest Rate After Maturity. Matured and unpaid principal, whether by acceleration or otherwise, shall bear interest at the Prime Rate plus five percent (5%) per annum.

Appears in 4 contracts

Samples: And Modification Agreement (Home Stake Royalty Corp /Ok/), And Modification Agreement (Home Stake Oil & Gas Co), And Modification Agreement (Home Stake Oil & Gas Co)

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Interest Rate After Maturity. Matured and unpaid principal, whether by acceleration or otherwise, shall bear interest at the Prime Rate plus five percent (5%) per annum).

Appears in 1 contract

Samples: And Modification Agreement (Home Stake Oil & Gas Co)

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Interest Rate After Maturity. Matured and unpaid principal, whether by acceleration or otherwise, shall bear interest at the Prime Rate plus five rate of eighteen percent (518%) per annum.

Appears in 1 contract

Samples: Loan Agreement (Home Stake Oil & Gas Co)

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