Rates Applicable After Event of Default. Notwithstanding anything to the contrary in Section 2.6, during the continuance of an Event of Default, at the option of the Lender (or, in the case of an Event of Default under Section 6.1(b), (g), or (h), automatically), the Term Loans shall bear interest at the rate otherwise applicable thereto plus 5.0% per annum.
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Rates Applicable After Event of Default. Notwithstanding anything to Upon the contrary in Section 2.6, during the continuance occurrence of an any Event of Default, each Loan shall, at the option of the Lender Bank (or, in the case of an Event of Default under Section 6.1(b7.1 (e), (f) or (g), or (hautomatically upon the occurrence of such Event of Default), automatically), the Term Loans shall bear interest until paid in full at the rate otherwise applicable thereto plus 5.0% per annum2.0%.
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Samples: Credit Agreement (MidWestOne Financial Group, Inc.)
Rates Applicable After Event of Default. Notwithstanding anything to Upon the contrary in Section 2.6, during the continuance occurrence of an any Event of Default, each Loan shall, at the option of the Lender Bank (or, in the case of an Event of Default under Section 6.1(b7.1(f), (g), ) or (h), automaticallyautomatically upon the occurrence of such Event of Default), the Term Loans shall bear interest until paid in full at the rate otherwise applicable thereto plus 5.0% per annum2.0%.
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Samples: Credit Agreement (MidWestOne Financial Group, Inc.)
Rates Applicable After Event of Default. Notwithstanding anything to the contrary in Section 2.62.2, during the continuance of an Event of Default, at the option of the Lender (or, in the case of an Event of Default under Section 6.1(b7.1(b)(i), (gf), or (hg), automatically), the Term Loans Loan shall bear interest at the rate otherwise applicable thereto plus 5.02.00% per annum.
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Samples: Credit Agreement
Rates Applicable After Event of Default. Notwithstanding anything to the contrary in Section 2.6, during During the continuance of an Event of Default, the Loans shall, at the option of the Lender (or, in the case of an Event of Default under Section 6.1(b7.2, 7.6 or 7.7, automatically upon the occurrence of an Event of Default), (g), or (h), automatically), the Term Loans shall bear interest at the rate otherwise applicable thereto plus 5.05% per annum.
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