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Common use of Prior to Maturity Clause in Contracts

Prior to Maturity. Except as otherwise provided in Section 2.01(b), prior to maturity, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 20.00%.

Appears in 1 contract

Samples: Credit Agreement (Anchor Funding Services, Inc.)

Prior to Maturity. Except as otherwise provided in Section 2.01(b), prior to maturity, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 20.00%the Prime Rate in effect from time to time, but in no event less that 3.25% per annum.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)

Prior to Maturity. Except as otherwise provided in Section 2.01(b2.01(f), prior to maturity, the outstanding principal balance of the Loans each Loan shall bear interest at a rate per annum equal to 20.00%(a) 0.375% below the Prime Rate in effect from time to time, or (b) 2.20% above the LIBOR Rate in effect from to time, as selected pursuant to the provisions of Sections 1.03 and 1.05, but in no event shall the interest rate of any Loan at any time be less than 4.214% per annum.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)

Prior to Maturity. Except as otherwise provided in Section 2.01(b), after May 21, 2013 and prior to maturity, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 20.00%0.75% in excess of the Prime Rate, but in no event less that 4.0% per annum.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)

Prior to Maturity. Except as otherwise provided in Section 2.01(b), prior to maturity, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 20.00the Prime Rate in effect from time to time, less 0.15%, but in no event less than 3.25% per annum.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)

Prior to Maturity. Except as otherwise provided in Section 2.01(b), prior to maturity, the outstanding principal balance of the Loans shall bear interest at a rate per annum equal to 20.00%1.00% in excess of the Prime Rate, but in no event less than 4.5% per annum.

Appears in 1 contract

Samples: Credit Agreement (HF Foods Group Inc.)