Common use of Judgment Interest Clause in Contracts

Judgment Interest. It is agreed that any judgment entered by a court in favor of Lender against Borrower for payment of the Obligations, or any part thereof, shall provide for post-judgment interest on the amount thereof at a rate equal to the Maximum Rate.

Appears in 1 contract

Sources: Credit Agreement (Encore Wire Corp /De/)

Judgment Interest. It is agreed that any judgment entered by a court in favor of Lender against any Borrower for payment of the Obligations, or any part thereof, shall provide for post-judgment interest on the amount thereof at a rate equal to the Maximum Rate.

Appears in 1 contract

Sources: Financing and Security Agreement (Ultrak Inc)

Judgment Interest. It is agreed that any judgment judgement entered by a court in favor of Lender against any Borrower for payment of the Obligations, or any part thereof, shall provide for post-judgment judgement interest on the amount thereof at a rate equal to the Maximum Rate.

Appears in 1 contract

Sources: Loan Agreement (Ultrak Inc)

Judgment Interest. It is agreed that any judgment entered by a court in favor of Lender against Borrower for payment of the Obligations, or any part thereof, shall provide for post-judgment interest on the amount thereof at a rate equal to the Maximum Rate.

Appears in 1 contract

Sources: Credit Agreement (Physician Reliance Network Inc)