Common use of Rate after Maturity Clause in Contracts

Rate after Maturity. Borrower shall pay interest on the Aggregate Loans, the Swingline Loan and any Obligations with respect to Letters of Credit after their Maturity, and, at the option of Administrative Agent or at the direction of the Required Lenders, on the Aggregate Loans, the Swingline Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of two percent (2%) plus the then-applicable rates. Past due fees and other amounts past due and owing hereunder shall bear interest at two percent (2%) above the then-current Adjusted Base Rate.