Common use of Interest Upon Events of Default Clause in Contracts

Interest Upon Events of Default. To the extent permitted by law, after there shall have occurred and so long as there is continuing an Event of Default pursuant to Section 9.01 hereof, all principal, interest, fees, indemnities or any other Obligations of the Borrower hereunder or under any Note or any other Related Document (and including interest accrued under this subsection 2.08(d)) shall compound on a daily basis as provided in this subsection 2.08(d) and shall bear interest for each day until paid (before and after judgment), payable on demand, at a rate per annum of three percent (3%) above the Prime Rate for such day, such interest rate to change automatically from time to time effective as of the announced effective date of each change in the Prime Rate.

Interest Upon Events of Default. To the extent permitted by law, after there shall have occurred and so long as there is continuing an Event of Default pursuant to Section 9.01 hereof10.01, all principal, interest, fees, indemnities or any other Obligations of the Borrower hereunder hereunder, under the Fee Letter or under any Note or any other Related Document (and including interest accrued under this subsection 2.08(d)) shall compound on a daily basis as provided in this subsection 2.08(d) and shall bear interest for each day until paid (before and after judgment), payable on demand, at a rate per annum of three percent (3%) % above the Prime Rate for such day, such interest rate to change automatically from time to time effective as of the announced effective date of each change in the Prime Rate.

Interest Upon Events of Default. To the extent permitted by law, after there shall have occurred and so long as there is continuing an Event of Default pursuant to Section 9.01 hereof9.01, all principal, interest, fees, indemnities or any other Obligations of the Borrower hereunder hereunder, under the Fee Letter or under any Note or any other Related Document (and including interest accrued under this subsection 2.08(d)) shall compound on a daily basis as provided in this subsection 2.08(d) and shall bear interest for each day until paid (before and after judgment), payable on demand, at a rate per annum of three percent (3%) % above the Prime Rate for such day, such interest rate to change automatically from time to time effective as of the announced effective date of each change in the Prime Rate.

Interest Upon Events of Default. To the extent permitted by law, after there shall have occurred and so long as there is continuing an Event of Default pursuant to Section 9.01 hereof9.01, all principal, interest, fees, indemnities or any other Obligations of the Borrower hereunder Borrowers hereunder, under the Fee Letter or under any Note or any other Related Document (and including interest accrued under this subsection 2.08(d)) shall compound on a daily basis as provided in this subsection 2.08(d) and shall bear interest for each day until paid (before and after judgment), payable on demand, at a rate per annum of three percent (3%) % above the Prime Rate for such day, such interest rate to change automatically from time to time effective as of the announced effective date of each change in the Prime Rate.

Interest Upon Events of Default. To the extent permitted by law, after there shall have occurred and so long as there is continuing an Event of Default pursuant to Section 9.01 hereof10.1 of this Agreement, all any principal, interest, feescommitment fee, indemnities facility fee, indemnity or any other Obligations of amounts due from the Borrower hereunder or hereunder, under any the Note or any other Related Document (and including interest accrued under this subsection 2.08(dSection 2.8(b)) shall compound on a daily basis as provided provides in this subsection 2.08(dSection 2.8(b) and shall bear interest for each day until paid (before and after judgment), payable on demand, at a rate per annum of three percent (3%) 4% above the Prime Rate for such day, such interest rate to change automatically from time to time effective as of the announced effective date of each change in the Prime Rate.