Interest Rate After Maturity Sample Clauses

Interest Rate After Maturity. Matured and unpaid principal, whether by acceleration or otherwise, shall bear interest at the Prime Rate plus five percent (5%) per annum.
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Interest Rate After Maturity. The unpaid principal balance ----------------------------- of each Note shall bear interest from and including its Maturity until paid at the rate specified in Section 2.6 hereof.
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Interest Rate After Maturity. After the principal amount of the Revolving Credit Loans shall have become due and payable, whether at maturity or by acceleration, declaration or otherwise, they shall thereafter bear interest at a rate per annum equal at all times to 2.0% above the Alternate Base Rate until paid, payable on demand.
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Interest Rate After Maturity. Notwithstanding the provisions of Sections 2.5(a), 2.5(b) and 2.5(c) hereof, after Maturity, whether by acceleration or otherwise, the Debt shall bear interest at the fluctuating per annum rate equal to the sum of five percent (5%) per annum plus the Applicable Prime Rate and shall be payable on demand.
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Interest Rate After Maturity. After the principal amount of the Notes shall have become past due (by acceleration or past the stated maturity date except as renewed pursuant to Section 2.5(a) hereof), the Notes shall bear interest for each day until paid (before and after judgment) at the Default Rate.
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Related to Interest Rate After Maturity

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Spread; Spread Multiplier; Index Maturity The “Spread” is the number of basis points (one one-hundredth of a percentage point) specified on the face hereof to be added to or subtracted from the related Interest Rate Basis or Interest Rate Bases applicable to this Note. The “Spread Multiplier” is the percentage specified on the face hereof of the related Interest Rate Basis or Interest Rate Bases applicable to this Note by which the Interest Rate Basis or Interest Rate Bases will be multiplied to determine the applicable interest rate. The “Index Maturity” is the period to maturity of the instrument or obligation with respect to which the related Interest Rate Basis or Interest Rate Bases will be calculated.

  • Interest Rate Options The Borrower shall pay interest in respect of the outstanding unpaid principal amount of the Loans as selected by it from the Base Rate Option or LIBOR Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may select different Interest Rate Options and different Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of the Loans comprising any Borrowing Tranche; provided that (i) there shall not be at any one time outstanding more than ten (10) Borrowing Tranches in the aggregate among all of the Loans and (ii) if an Event of Default or Potential Default exists and is continuing, the Borrower may not request, convert to, or renew the LIBOR Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the LIBOR Rate Option shall be converted immediately to the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.9 [Indemnity] in connection with such conversion. If at any time the designated rate applicable to any Loan made by any Lender exceeds such Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate.

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.