Common use of Overdue Amounts Clause in Contracts

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 11 contracts

Sources: Revolving Credit and Term Loan Agreement (Trailer Bridge Inc), Revolving Credit and Term Loan Agreement (Mercury Air Group Inc), Revolving Credit Agreement (Hadco Acquisition Corp Ii)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable to such Revolving Credit Loans pursuant to (S)2.5 and the Term Loan pursuant to (S)4.5 until such amount shall be paid in full (after as well as before judgment).

Appears in 5 contracts

Sources: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and 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, the Base Rate Rate) until such amount shall be paid in full (after as well as before judgment).

Appears in 5 contracts

Sources: Senior Unsecured Revolving Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Safety Insurance Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 4 contracts

Sources: Revolving Credit Agreement (New England Business Service Inc), Revolving Credit and Term Loan Agreement (Western Digital Corp), Revolving Credit Agreement (New England Business Service Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Base Rate Margin plus two percentage points (2.00%) until such amount shall be paid in full (after as well as before judgment).

Appears in 3 contracts

Sources: Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc)

Overdue Amounts. Overdue principal 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 compounded monthly and payable on demand at a rate per annum equal to two percent (22.0%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, the Base Rate Rate) until such amount shall be paid in full (after as well as before judgment).

Appears in 3 contracts

Sources: Credit Agreement (Crystal Rock Holdings, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De), Credit Agreement (Vermont Pure Holdings LTD/De)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate otherwise in effect for Base Rate B Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp), Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)

Overdue Amounts. Overdue principal and (to the extent ---------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (Fairfield Communities Inc), Revolving Credit Agreement (Fairfield Communities Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate rate of interest otherwise applicable pursuant to Section 2.4 until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (Silverleaf Resorts Inc), Revolving Credit Agreement (Silverleaf Resorts Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate PLUS the Applicable Margin for Base Rate Loans then in effect with respect to Revolving Credit Loans, PLUS three percent (3%) per annum until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (Restaurant Co), Revolving Credit Agreement (Perkins Finance Corp)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (New England Business Service Inc), Revolving Credit Agreement (New England Business Service Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Margin otherwise applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (Republic Engineered Steels Inc), Revolving Credit Agreement (Rti Capital Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until rate of interest otherwise applicable to such amount shall be paid in full (after as well as before judgment)Loans pursuant to Section 2.8.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Michaels Stores Inc), Revolving Credit Agreement (Michaels Stores Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate highest rate of interest otherwise then applicable to such Loans pursuant to ss.2.5 or ss.3.5.1, as applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Holmes Group Inc), Revolving Credit and Term Loan Agreement (Holmes Products Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable lawApplicable Law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (22.00%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit Agreement (Century Aluminum Co), Revolving Credit and Term Loan Agreement (Century Aluminum Co)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Marcam Corp), Revolving Credit and Term Loan Agreement (Mapics Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Interest Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Senior Secured Credit Agreement (Borders Group Inc), Senior Secured Credit Agreement (Pershing Square Capital Management, L.P.)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above the Base Rate otherwise applicable rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Loan Agreement (Applied Opsec Corp), Loan Agreement (Optical Security Group Inc)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable to such Revolving Credit Loans pursuant to Section 2.5 until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Republic Technologies International Holdings LLC)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate otherwise in effect for Base Rate B Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans Term Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Term Loan Agreement (Moran Transportation Co)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Transact Technologies Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Answerthink Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23.00%) above the rate of interest then applicable thereto (or, if no rate of interest is then applicable thereto, the Base Rate Rate) until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Overdue Amounts. Overdue principal and (to the extent ---------------- permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above (a) the Base Rate plus the Applicable Base ---- Margin, or (b) the Applicable LIBOR Margin plus the LIBOR Rate, as ---- applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Term Loan Agreement (Fairfield Communities Inc)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Answer Think Consulting Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to the sum of (i) two percent (2%) above per annum, PLUS (ii) the Applicable Margin with respect to Eurocurrency Rate Loans PLUS (iii) the Base Rate Rate, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Credit Agreement (Transtechnology Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans then in effect with respect to Revolving Credit Loans or the applicable Term Loan, as the case may be, plus two percent (2%) above the Base Rate per annum until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Dave & Busters Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above [**] the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Aztec Technology Partners Inc /De/)

Overdue Amounts. Overdue principal and (to the extent --------------- permitted by applicable law) interest on the Loans Loan and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23%) above the rate otherwise in effect for Base Rate B Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate otherwise applicable until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Stride Rite Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Stride & Associates Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the rate of interest otherwise applicable to Base Rate Loans until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Freedom Securities Corp /De/)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Prime Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Rollins Truck Leasing Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate until such amount shall be paid in full (after as well as before judgment)) and shall be payable on demand.

Appears in 1 contract

Sources: Revolving Credit Agreement (Helix Technology Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Charlotte Russe Holding Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Revolving Credit Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall shall, upon the occurrence of an Event of Default resulting from any such failure to pay, bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate otherwise applicable to such Revolving Credit Loans pursuant to (S)2.5 until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two three percent (23.0%) above the Base Rate until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (American Restaurant Group Inc)

Overdue Amounts. Overdue During the continuance of an Event of Default, overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable to such Loans pursuant to sec.2.5 or sec.4.5.1, as applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Filenes Basement Corp)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (22.00%) above the Base Rate rate of interest otherwise applicable thereto until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (CML Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate rate of interest otherwise applicable thereto until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (CML Group Inc)

Overdue Amounts. Overdue principal and (to the extent permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Margin until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Hvide Marine Inc)

Overdue Amounts. Overdue principal and (to the extent ---------------- permitted by applicable law) interest on the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents shall bear interest compounded monthly and payable on demand at a rate per annum equal to two four percent (24%) above (a) the Base Rate Rate, or (b) the Applicable Eurodollar Margin plus the Eurodollar Rate, as applicable, until such amount shall be paid in full (after as well as before judgment).

Appears in 1 contract

Sources: Revolving Credit Agreement (Fairfield Communities Inc)