Common use of Post-Maturity Rates Clause in Contracts

Post-Maturity Rates. After the date any principal amount of any Loan or Reimbursement Obligation is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of either Borrower under a particular Tranche shall have become due and payable, such Borrower shall pay interest (after as well as before judgment) on such delinquent amounts at a rate per annum equal to 2% plus the higher of (i) the Base Rate applicable to such Tranche from time to time in effect plus the Applicable Margin for such Base Rate Loans and (ii) the rate otherwise applicable to such Loan or other monetary Obligation.

Post-Maturity Rates. After the date any principal amount of any Loan or Reimbursement Obligation is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of either the Borrower under a particular Tranche shall have become due and payable, such the Borrower shall pay interest (after as well as before judgment) on such delinquent amounts at a rate per annum equal to 2% plus the higher of (i) the Alternate Base Rate applicable to such Tranche from time to time in effect plus the Applicable Margin for such Alternate Base Rate Loans and (ii) the rate otherwise applicable to such Loan or other monetary Obligation.

Post-Maturity Rates. After the date any principal amount of any Loan or Reimbursement Obligation is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of either Borrower under a particular Tranche shall have become due and payable, such Borrower shall pay pay, but only to the extent permitted by law, interest (after as well as before judgment) on such delinquent amounts at a rate per annum equal to 2% plus (a) in the higher case of (i) the Base Rate applicable to such Tranche from time to time in effect plus the Applicable Margin for such Base Rate Loans and (ii) overdue principal on any Loan, the rate of interest that otherwise would be applicable to such Loan or plus 2% per annum; and (b) in the case of overdue interest, fees, and other monetary ObligationObligations, the Base Rate plus 2% per annum.