Common use of Change in Interest Rate Clause in Contracts

Change in Interest Rate. Any increase or decrease in the interest rate in paragraphs (i) and (ii) above resulting from a change in the Senior Leverage Ratio shall become effective commencing on the first Business Day of the month immediately following the date a Compliance Certificate is delivered pursuant to Section 6.2(a)(iv); provided, however, that if a Compliance Certificate is not delivered when due in accordance with Section 6.2(a)(iv), the highest interest rate set forth in paragraphs (i) and (ii) above shall apply commencing on the first Business Day of the month following the date such Compliance Certificate was required to have been delivered and continuing until the day that is two (2) Business Days after the date that such Compliance Certificate is delivered to Bank. The interest rate in effect from the Effective Date through the first Business Day of the month immediately following the date the Compliance Certificate for the period ending June 29, 2006 is required to be delivered pursuant to Section 6.2(a)(iv) shall be the highest interest rate set forth in paragraphs (i) and (ii) above.