Post-Maturity Rate Clause Samples

The Post-Maturity Rate clause defines the interest rate that applies to any outstanding amounts after a loan or financial obligation has reached its maturity date and remains unpaid. Typically, this rate is higher than the original interest rate and is applied to the overdue balance until full repayment is made. By specifying a post-maturity rate, the clause incentivizes timely payment and compensates the lender for the additional risk and administrative burden associated with late payments.
Post-Maturity Rate. If the outstanding balance of this note has not been paid in full by the Maturity Date, interest on this note shall accrue at the Default Rate.
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Post-Maturity Rate. After the date any monetary Obligation of the Company shall have become due and payable, the Company shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus the Base Rate Margin plus an additional margin of 2%.
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Post-Maturity Rate. After maturity (whether by acceleration or ------------------ otherwise) each Loan shall bear interest at a rate per annum equal to 3% in excess of the rate otherwise in effect from time to time thereafter, from the date when due, until such Loan is fully paid, which interest shall be payable by the Borrowers on demand.
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Post-Maturity Rate. After the Maturity of all or any portion of the Principal Amount of the Loans or after any other Obligation shall have become due and not been paid, the Borrower shall pay interest (after as well as before judgment) on: (a) the Principal Amount of each Tranche B Gold Loan so matured or on any such other Obligation due and payable in Gold, at a rate per annum --- ----- equal to the sum of (i) the Gold Base Rate for such Interest Periods (not exceeding three months) as the Administrative Agent may (acting in consultation with the Required Lenders) from time to time select, (ii) the Applicable Margin as in effect from time to time plus (iii) two percent ---- (2%); and (b) the Principal Amount of each Dollar Loan so matured or on any such other Obligations due and payable in Dollars, at a rate per annum --- ----- equal to the sum of (i) the LIBO Rate for such Interest Periods (not exceeding three months) as the Administrative Agent may (acting in consultation with the Required Lenders) from time to time select, (ii) the Applicable Margin as in effect from time to time plus (iii) two percent ---- (2%).
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Post-Maturity Rate. If all or any portion of the principal amount of any Revolving Loan made under this Agreement shall not be paid when due (whether at the stated maturity, by acceleration, or otherwise), such overdue principal amount, and to the extent permitted by law overdue interest thereon, shall bear interest at a rate of two percent (2%) (200 basis points) greater than the interest rate with respect to such Revolving Loan, effective on the day following the date of nonpayment and continuing until such amounts are paid in full.
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Post-Maturity Rate. After the Maturity of all or any portion of the principal amount of any Loan or after any other Obligations shall have become due and payable, the Borrower shall pay interest (after as well as before judgment) on: (a) the principal amount of any Loan so matured at any time when no circumstance of the nature referred to in Section 4.3 with respect to such Loan shall have occurred and be continuing, at a rate per annum equal to the sum of (i) the LIBO Rate for each Interest Period selected by the Agent from time to time pursuant to Section 4.1, plus (ii) the Applicable Margin, plus (iii) two per cent (2%); and (b) all other Obligations (including with respect to the principal amount of any Loan at any time when a circumstance of the nature referred to in Section 4.3 with respect to such Loan shall have occurred and be continuing so matured) at a rate per annum equal to the sum of the Prime Rate from time to time in effect plus two per cent (2%).
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Post-Maturity Rate. After the maturity of all or any portion of the principal amount of the Loans or after any other Obligations shall have become due and not been paid, the Borrower shall pay interest (after as well as before judgment) on the principal amount of the Loans so matured or on any such other Obligations at a rate per annum equal to the sum of: (a) the LIBO Rate for such Interest Periods as the Lender may from time to time select; (b) the Applicable Margin as in effect from time to time; plus (c) two percent (2%).
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Post-Maturity Rate. After the date any monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin plus a margin of 2%.
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Related to Post-Maturity Rate

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Final Maturity Date 19 Fitch .....................................................................................19

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Constant Maturity Swap Rate Notes If the Interest Rate Basis is the Constant Maturity Swap Rate, this Note shall be deemed a “Constant Maturity Swap Rate Note.” Unless otherwise specified on the face hereof, “Constant Maturity Swap Rate” means: (1) the rate for U.S. dollar swaps with the designated maturity specified in the applicable pricing supplement, expressed as a percentage, which appears on the Reuters Screen (or any successor service) ISDAFIX1 Page as of 11:00 A.M., New York City time, on the particular Interest Determination Date; or (2) if the rate referred to in clause (1) does not appear on the Reuters Screen (or any successor service) ISDAFIX1 Page by 2:00 P.M., New York City time, on such Interest Determination Date, a percentage determined on the basis of the mid-market semiannual swap rate quotations provided by the reference banks (as defined below) as of approximately 11:00 A.M., New York City time, on such Interest Determination Date, and, for this purpose, the semi-annual swap rate means the mean of the bid and offered rates for the semi-annual fixed leg, calculated on a 30/360 day count basis, of a fixed-for-floating U.S. dollar interest rate swap transaction with a term equal to the designated maturity