Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, payable on demand, at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 3 contracts
Sources: Credit Agreement (Barnes Group Inc), Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate Rate, plus the Applicable Margin), including (without duplication) any Applicable MarginMargin and any Mandatory Cost, until such amount shall be paid in full (after as well as before judgment).
Appears in 3 contracts
Sources: Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted --------------- by applicable law) overdue interest on the Bank Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above plus the rate of interest then applicable thereto (or, ---- if no rate of interest is then applicable thereto, two percent (2%the Prime Rate) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Loan Agreement (Medallion Financial Corp), Loan Agreement (Medallion Financial Corp)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable MarginRate), including (without duplication) any Applicable MarginMargin and any Mandatory Cost, until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then which would otherwise be applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the rate of interest which would be applicable to any Base Rate plus the Applicable Margin), including (without duplicationLoans) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Revolving Credit Agreement (McCormick & Schmick Holdings, L.L.C.)
Overdue Amounts. Overdue Notwithstanding anything to the contrary stated herein, overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, payable on demand, interest at a the rate per annum equal to two percent (otherwise applicable thereto plus 2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Margin, compounded daily until such amount shall be paid in full (after as well as before judgment).
Appears in 2 contracts
Sources: Secured Term Loan Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Overdue Amounts. Overdue principal on the Loans and (to the extent --------------- permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplicationRate) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Revolving Credit Agreement (Us Xpress Enterprises Inc)
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (22.00%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplicationRate) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans Term Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two fourteen and one-half percent (214.5%) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Margin, per annum until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Overdue Amounts. Overdue During the continuance of an Event of Default, overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then otherwise applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable Margin), including (without duplication) any Applicable Marginto such Loans pursuant to 2.5, until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Overdue Amounts. Overdue principal on the Loans and (to the extent permitted by applicable law) overdue interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest, interest compounded monthly and payable on demand, demand at a rate per annum equal to two percent (2%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, two percent (2%) above the Base Rate plus the Applicable MarginRate), including (without duplication) any Applicable Margin, until such amount shall be paid in full (after as well as before judgment).
Appears in 1 contract
Sources: Senior Unsecured Credit Agreement (Barnes Group Inc)