Common use of Post-Maturity Interest Clause in Contracts

Post-Maturity Interest. After Maturity (whether by acceleration or otherwise) of the Loan, the Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter percent (9.25%).

Appears in 4 contracts

Samples: Secured Convertible Credit Facility and Security Agreement (Carecentric Inc), Secured Convertible Credit Facility and Security Agreement (Carecentric Inc), Secured Convertible Credit Facility (Carecentric Inc)

AutoNDA by SimpleDocs

Post-Maturity Interest. After the earlier of an Event of ---------------------- Default or Maturity (whether by acceleration Acceleration or otherwise) of the Loan, the Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter the greater of (i) ten percent (9.2510%)) or (ii) three percent (3%) plus the Prime Rate, subject to Section 2.3.

Appears in 3 contracts

Samples: National Marketing and Distribution Agreement (Retractable Technologies Inc), National Marketing and Distribution Agreement (Retractable Technologies Inc), National Marketing and Distribution Agreement (Retractable Technologies Inc)

Post-Maturity Interest. After Maturity maturity (whether by acceleration or otherwise) of the any Loan, the such Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter percent the sum of (9.25%)i) 2% plus (ii) the Base Rate in effect from time to time.

Appears in 2 contracts

Samples: Revolving Credit and Competitive Advance Facility Agreement (Avon Products Inc), Revolving Credit and Competitive Advance Facility Agreement (Avon Products Inc)

Post-Maturity Interest. After the earlier of an Event of Default or Maturity (whether by acceleration Acceleration or otherwise) of the Loan, the Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter ten percent (9.2510%), subject to Section 2.3 hereof.

Appears in 2 contracts

Samples: Convertible Subordinated Note Agreement (Micro Therapeutics Inc), Credit Agreement (Micro Therapeutics Inc)

Post-Maturity Interest. After Maturity (whether by acceleration or otherwise) of the LoanLoans, the Loan Loans shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter twelve percent (9.2512%).

Appears in 1 contract

Samples: Secured Convertible Credit Facility and Security Agreement (Simione Central Holdings Inc)

Post-Maturity Interest. After the earlier of an Event of Default or Maturity (whether by acceleration Acceleration or otherwise) of the Loan, the Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter ten percent (9.2510%), subject to Section2.3 hereof.

Appears in 1 contract

Samples: Credit Agreement (Abbott Laboratories)

AutoNDA by SimpleDocs

Post-Maturity Interest. After Maturity maturity (whether by acceleration or otherwise) of the any Loan, the such Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter percent the sum of (9.25%)i) 2% plus (ii) the Base Rate in effect from time to time plus (iii) the Applicable Margin for ABR Loans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Avon Products Inc)

Post-Maturity Interest. After Maturity maturity (whether by acceleration or otherwise) of the any Loan, the such Loan shall bear interest, payable on demand, at a rate per annum equal to nine and one quarter percent the sum of (9.25%)i) 2% plus (ii) the Base Rate in effect from time to time plus (iii) the Base Rate Margin.

Appears in 1 contract

Samples: Revolving Credit and Competitive Advance Facility Agreement (Avon Products Inc)

Post-Maturity Interest. After Maturity maturity (whether by acceleration or otherwise) of the any Loan, the such Loan shall bear interest, payable on demand, at a rate per annum equal to nine the sum of (i) 2%, (ii) the Base Rate in effect from time to time, and one quarter percent (9.25%)iii) the Applicable Sublimit Margin, if any.

Appears in 1 contract

Samples: Revolving Credit and Competitive Advance Facility Agreement (Avon Products Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!