Common use of Overdue Principal and Interest Clause in Contracts

Overdue Principal and Interest. (1) If all or part of any Prime Rate Advance or US Base Rate Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to such type of Advance from the date of such non-payment until paid in full. If any LIBOR Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in full. (2) If all or part of any interest in respect of any Prime Rate Advance or US Base Rate Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to the type of Advance in respect of which such interest was not paid from the date of such non-payment until paid in full. If all or part of any interest in respect of any LIBOR Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in full.

Overdue Principal and Interest. (1a) If all or part of any Prime Rate Advance or US Base Rate Advance Accommodation shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgmentmaturity and judgement, but without duplication of interest thereon payable under Section 4.01), payable on demand demand, at a rate per annum equal to the Applicable Reference Rate of interest applicable under this Agreement from time to time to such Accommodation (including any Loan into which such Accommodation has been continued pursuant to the terms of this Agreement) plus 2% per annum from the date of such non-payment until paid in full. (b) If all or part of any interest in respect of any Accommodation shall not be paid when due, such overdue interest shall bear interest (as well after as before maturity and judgement), payable on demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to such type of Advance from the date of such non-payment until paid in full. If any LIBOR Advance shall not be paid when due (whether at its stated maturitytime, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in full. (2) If all or part of any interest in respect of any Prime Rate Advance or US Base Rate Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to the type of Advance such Accommodation (including any Loan into which such Accommodation has been continued pursuant to the terms of this Agreement) plus 2% per annum in respect of which such interest was not paid from the date of such non-payment until paid (and calculated in the same manner) in full. If all or part In case interest and compound interest are not paid in one month from the time of any default, a rest shall be made, and interest in respect of any LIBOR Advance at the rate herein provided shall not be paid when payable upon demand on the aggregate then due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable maturity and judgement) and so on demand at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in fulltime.

Overdue Principal and Interest. (1) If all or part of any Prime Rate Advance or US Base Rate Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to such type of Advance from the date of such non-payment until paid in full. If any LIBOR Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in full. (2) If all or part of any interest in respect of any Prime Rate Advance or US Base Rate Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to the type of Advance in respect of which such interest was not paid from the date of such non-payment until paid in full. If all or part of any interest in respect of any LIBOR Advance shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to US Base Rate Advances from the date of such non-payment until paid in full.

Overdue Principal and Interest. (1) If all or part of any Cdn. Prime Rate Advance or US Loan, U.S. Base Rate Advance Loan or U.S. Prime Rate Loan shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to such type of Advance Loan from the date of such non-payment plus 2.00% until paid in full. If any LIBOR Advance Loan shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue amount shall bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to (a) in the case of any LIBOR Loan outstanding under Tranche B, the rate of interest applicable under this Agreement to U.S. Prime Rate Loans plus 2.00% from time the date of such non-payment until paid in full, and (b) in the case of any LIBOR Loan outstanding under Tranche A or the Revolving Commitments, the rate of interest applicable under this Agreement to time to US U.S. Base Rate Advances Loans plus 2.00% from the date of such non-payment until paid in full. (2) If all or part of any interest in respect of any Cdn. Prime Rate Advance or US Loan, U.S. Base Rate Advance Loan or U.S. Prime Rate Loan shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgment), payable on demand demand, at a rate per annum equal to the rate of interest applicable under this Agreement from time to time to the type of Advance Loan (under the applicable Credit or Tranche) in respect of which such interest was not paid plus 2.00% from the date of such non-payment until paid in full. If all or part of any interest in respect of any LIBOR Advance Loan shall not be paid when due (whether at its stated maturity, by acceleration or otherwise), such overdue interest shall, to the extent permitted by law, bear interest (as well after as before judgmentjudgement), payable on demand demand, at a rate per annum equal to (a) in the case of any LIBOR Loan outstanding under Tranche B, the rate of interest applicable under this Agreement to U.S. Prime Rate Loans plus 2.00% from time the date of such non-payment until paid in full, and (b) in the case of any LIBOR Loan outstanding under Tranche A or the Revolving Commitments, the rate of interest applicable under this Agreement to time to US U.S. Base Rate Advances Loans plus 2.00% from the date of such non-payment until paid in full.