Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.00% or (ii) the Floating Rate plus 2.00%.
Appears in 11 contracts
Samples: Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 5 contracts
Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 4 contracts
Samples: Credit Agreement (Panhandle Eastern Pipe Line Co), Credit Agreement (Consumers Energy Co), 364 Day Credit Agreement (Consumers Energy Co)
