Overdue Amounts. Until paid, all amounts which become due and payable by the Guarantor hereunder shall be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit Agreement.
Appears in 14 contracts
Sources: Security Agreement (Lydall Inc /De/), Security Agreement (Lydall Inc /De/), Security Agreement (Lydall Inc /De/)
Overdue Amounts. Until paid, all amounts which become due and payable by the Guarantor hereunder shall be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit AgreementNote.
Appears in 2 contracts
Sources: Guarantor Security and Pledge Agreement (FriendFinder Networks Inc.), Guarantor Security and Pledge Agreement (FriendFinder Networks Inc.)
Overdue Amounts. Until paid, all amounts which become due and payable by the Guarantor hereunder shall will be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall will bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit Note issued under the Purchase Agreement.
Appears in 1 contract
Sources: Securities Purchase Agreement (Health Fitness Corp /Mn/)
Overdue Amounts. Until paid, all amounts which become due and payable by the Guarantor hereunder shall be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit Loan Agreement.
Appears in 1 contract
Overdue Amounts. Until paid, all amounts which become due and payable by the Company or any Guarantor hereunder shall be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit Agreement.
Appears in 1 contract
Sources: Security Agreement (Pc Ephone Inc)
Overdue Amounts. Until paid, all amounts which become due and payable by the Guarantor hereunder shall be a debt secured by the Collateral and if not otherwise paid within any applicable grace period after the same becomes due shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the Credit Agreement.
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