Common use of Pre-Default Rate Clause in Contracts

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to eleven and one-half percent (11.5%) per annum.

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term each Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date of issuance thereof at a rate per annum equal to eleven thirteen and one-half percent (11.513.50%) per annum.

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term each Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date thereof, at a rate per annum equal to eleven and one-half thirteen percent (11.513.00%) per annumannum (the “Interest Rate”).

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term each Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date thereof, at a rate per annum equal to eleven and one-half twelve percent (11.512.00%) per annumannum (the “Interest Rate”).

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date Closing Date at a rate per annum equal to eleven and one-one half percent (11.5%) per annum.

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term each Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date thereof at a rate per annum equal to eleven and one-half percent (11.5%) 9.875% per annum.

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term Loan Loans shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to eleven ten and one-half percent (11.510.5%) per annum.

Pre-Default Rate. Subject to the provisions of subsection (b) below, the Term Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date Closing Date at a rate per annum equal to eleven ten and one-one half percent (11.510.5%) per annum.

Pre-Default Rate. Subject to the provisions of subsection clause (b) below, the Term each Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date thereof at a rate per annum equal to eleven and one-half percent (11.5%) 10.75% per annum.