Post-Maturity; Default Rate. From and after the Maturity Date (as may be extended pursuant to the terms of this Agreement), or such earlier date on which a Default exists under the Loan Agreement or any of the other Loan Documents, THEN at the option of Requisite Lenders, all sums owing on the Note shall bear interest at a rate per annum equal to the Default Rate.
Appears in 2 contracts
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Post-Maturity; Default Rate. From and after the Maturity Date (as may be extended pursuant to the terms of this Agreement), or such earlier date on which a an Event of Default exists under the Loan Agreement or any of the other Loan DocumentsDocument, THEN then at the option of Requisite LendersLender, all sums owing on the this Note shall bear interest at a rate per annum equal to the Event of Default Rate.
Appears in 1 contract
Samples: Assumption and Modification Agreement (Cornerstone Core Properties REIT, Inc.)
Post-Maturity; Default Rate. From and after the Maturity Date (as may be extended pursuant to the terms of this Agreement)Date, or such earlier date on which a Default exists under the Loan Agreement or any of the other Loan DocumentsAgreement, THEN at the option of Requisite LendersLender, all sums owing on the this Note shall bear interest at a rate per annum equal to the Default Rate.
Appears in 1 contract
Post-Maturity; Default Rate. From and after the Maturity Date (as may be extended pursuant to the terms of this Agreement), or such earlier date on which a Default exists under the Loan Agreement or any of the other Loan Documents, THEN at the option of Requisite Lenders, all sums owing on the Note shall bear interest at a rate per annum equal to the Default Rate.
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
