Common use of Principal and Interest Clause in Contracts

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 66 contracts

Samples: Credit Agreement (Viasat Inc), Credit Agreement (Golden State Water CO), Credit Agreement (Viasat Inc)

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Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance Loan from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 17 contracts

Samples: Credit Agreement (Amgen Inc), Assignment Agreement (Amgen Inc), Assignment Agreement (Amgen Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 11 contracts

Samples: Credit Agreement (Harrahs Entertainment Inc), Credit Agreement (Harrahs Entertainment Inc), Credit Agreement (Harrahs Entertainment Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof of such Advance until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein herein, to the extent permitted by applicable Laws, before and after Defaultdefault, before and after maturity, before and after any judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable LawsRate.

Appears in 11 contracts

Samples: Term Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 10 contracts

Samples: Credit Agreement (Ducommun Inc /De/), Credit Agreement (Hard Rock Hotel Inc), Loan Agreement (Wheeling Island Gaming Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue principal and interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 6 contracts

Samples: Loan Agreement (MGM Resorts International), Loan Agreement (MGM Resorts International), Loan Agreement (MGM Mirage)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after any Default or Event of Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 5 contracts

Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Mississippi Band of Choctaw Indians Dba Choctaw RSRT DVLP E), Loan Agreement (Alliance Gaming Corp)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance Loan from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. At the option of the Requisite Lenders, with interest on overdue interest shall itself bear interest at the Default Rate Rate, and shall be compounded with the principal Obligations quarterly, to the fullest extent permitted by applicable Laws.

Appears in 4 contracts

Samples: Loan Agreement (Mohegan Tribal Gaming Authority), Loan Agreement (Mohegan Tribal Gaming Authority), Loan Agreement (Mohegan Tribal Gaming Authority)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest and to be compounded at the Default Rate Rate, in each case, to the fullest extent permitted by applicable Laws.

Appears in 3 contracts

Samples: Term Loan Agreement (Mandalay Resort Group), Revolving Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance Loan from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein herein, to the extent permitted by applicable Laws, before and after Defaultdefault, before and after maturity, before and after any judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable LawsRate.

Appears in 3 contracts

Samples: Loan Agreement (Kaufman & Broad Home Corp), Revolving Loan Agreement (Kaufman & Broad Home Corp), Term Loan Agreement (Kaufman & Broad Home Corp)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate in each case to the fullest extent permitted by applicable Laws.

Appears in 3 contracts

Samples: Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc), And Interim Loan Agreement (Glimcher Realty Trust), Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after any Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 2 contracts

Samples: Credit Agreement (West Marine Inc), Credit Agreement (West Marine Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance Loan from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 1 contract

Samples: Additional Credit Agreement (Harrahs Entertainment Inc)

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Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after an Event of Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 1 contract

Samples: Credit Agreement (B&f Fabrications Inc)

Principal and Interest. (a) Interest a)Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 1 contract

Samples: Term Loan Agreement (Aztar Corp)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Defaultdefault, before and after maturity, before and after judgment, and before and after the commencement com mencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 1 contract

Samples: Revolving Loan Agreement (Central Financial Acceptance Corp)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate in each case to the fullest extent permitted by applicable Laws. Interest shall be computed on a 360-day year, and actual days elapsed.

Appears in 1 contract

Samples: Revolving Loan Agreement (BioMed Realty Trust Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable LawsLaws as provided in Section 3.3.

Appears in 1 contract

Samples: Credit Agreement (New Horizons Worldwide Inc)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein herein, before and after Defaultdefault, before and after maturity, before and after any judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable Laws.

Appears in 1 contract

Samples: Credit Agreement (Furon Co)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance the Loans from the date thereof Closing Date until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein herein, to the extent permitted by applicable Laws, before and after Defaultdefault, before and after maturity, before and after any judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest to bear interest at the Default Rate to the fullest extent permitted by applicable LawsRate.

Appears in 1 contract

Samples: Term Loan Agreement (Kb Home)

Principal and Interest. (a) Interest shall be payable on the outstanding daily unpaid principal amount of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable LawsLaws as provided in Section 3.7.

Appears in 1 contract

Samples: Credit Agreement (New Horizons Worldwide Inc)

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