Past Due Obligations. The Borrower hereby promises to each Lender to pay interest at the Default Rate on all Obligations (including Obligations to pay fees or to reimburse or indemnify any Lender) which the Borrower has in this Agreement promised to pay to such Lender and which are not paid when due. Such interest shall accrue from the date such Obligations become due until they are paid.
Past Due Obligations. No past due obligations over Five Thousand and 00/100 Dollars ($5,000) have given rise or shall give rise, within five (5) days after the Closing Date, to any additional liability to the Buyer on account of their being past due.
Past Due Obligations. Except as otherwise set forth on Schedule 6.28, no Closing Date Liabilities or Assumed Obligations have given rise, or shall give rise within five days after the Closing Date (except to the extent such Closing Date Liabilities will have been paid or satisfied by Seller prior to the Closing so as to relieve Buyer of all liability therefor), to any additional liability to Buyer on account of their being past due.
Past Due Obligations. Except as set forth on Exhibit 5.27, no past due obligations of DE over $500 have given rise or shall give rise within 5 days after the Closing Date (except as such will be performed by DE prior to the Closing so as to relieve THI of all liability therefor) to any additional liability to THI on account of their being past due.
Past Due Obligations. All amounts which Tenant is obligated to pay -------------------- Landlord pursuant to this Lease or when due shall bear interest at the maximum interest rate chargeable by law, not to exceed twenty percent (20%) per annum from the due date until paid, unless otherwise specifically provided herein. If a late charge is due with respect to such amount pursuant to Section 13.4, such interest shall commence to accrue thirty (30) days following the date such amount is due. The payment of such interest shall not excuse or cure any default by Tenant under this Lease.
Past Due Obligations. Any Obligation (including, to the extent permitted by applicable law, all accrued unpaid interest on the principal amount of the Loan) that is not paid when due (whether scheduled, accelerated, or otherwise) shall bear interest, payable on demand, from the date due until paid, at a rate per annum equal to the lesser of the Maximum Rate or the Past Due Rate.
Past Due Obligations. Except as set forth on Exhibit 5.27, no past due obligations of CPS over $5,000 have given rise or shall give rise within 5 days after the Closing Date (except as such will be performed by CPS prior to the Closing Date so as to relieve Purchaser of all liability therefor) to any additional liability to Purchaser on account of their being past due.
Past Due Obligations. Except as expressly herein provided, any amount due to Lessor not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease provided, however, that interest shall not be payable on late charges incurred by Lessee nor on any amounts upon which late charges are paid by Lessee.
Past Due Obligations. Any amount due to Landlord not paid when due shall bear interest at an annual rate of four percent (4%) in excess of the prime rate of interest as announced by Bank One, Arizona, NA (the "Bank"), as the same may change from time to time, from the date due until paid. In addition, Tenant shall pay $50.00 per day as liquidated damages on any amount due to Landlord not paid when due which shall accrue from the due date until paid. Payment of such interest and liquidated damages shall not excuse or cure any default by Tenant under this Lease.
Past Due Obligations. Except as set forth on Exhibit 5.27, no past due obligations of the Seller over $5,000 have given rise or shall give rise within 5 days after the Closing Date (except as such will be performed by the Seller prior to the Closing Date so as to relieve Buyer of all liability therefor) to any additional liability to Buyer on account of their being past due.
