Post-Maturity Interest. Any principal payments on the Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan not paid when due, in each case whether at Stated Maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable law.
Appears in 19 contracts
Sources: Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (R&b Falcon Corp)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate per annum equal to the sum of 2% plus the higher of (i) the rate of interest applicable to such Loans or (ii) the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawBase Rate Loans.
Appears in 6 contracts
Sources: 364 Day Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan interest, fee or other amount not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate per annum equal to the sum of 2% plus the higher of (i) the rate of interest applicable to such Loans or (ii) the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawBase Rate Loans.
Appears in 5 contracts
Sources: 364 Day Term Loan Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 5 contracts
Sources: Senior Subordinated Credit Agreement (Capstone Pharmacy Services Inc), Bridge Loan Agreement (Associated Materials Inc), Senior Subordinated Credit Agreement (Express Scripts Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not ----------------------- paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturity, by notice of prepaymentstated maturity, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise --- ----- payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 2 contracts
Sources: Senior Subordinated Credit Agreement (Primestar Inc), Senior Subordinated Credit Agreement (Primestar Inc)
Post-Maturity Interest. Any principal payments on the Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoan.
Appears in 2 contracts
Sources: First Lien Senior Credit Agreement (Wellman Inc), Second Lien Senior Credit Agreement (Wellman Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment payments on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate equal to the sum of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawBase Rate plus 2.00% per annum.
Appears in 2 contracts
Sources: Credit Agreement (Owens Illinois Inc /De/), Credit Agreement (Owens Illinois Inc /De/)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate per annum equal to the sum of 1% plus the higher of (i) the rate of interest applicable to such Loans or (ii) the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawBase Rate Loans.
Appears in 2 contracts
Sources: Credit Agreement (Textron Inc), 364 Day Credit Agreement (Textron Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loans not paid when due, and any other amount due to Lender under this Agreement or any other Loan Document not paid when due, in each any case whether at Stated Maturity, by notice of prepaymentstated maturity, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.0% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event with respect to exceed the maximum interest rate permitted by applicable lawsuch Loan.
Appears in 1 contract
Sources: Unsecured Line of Credit Loan Agreement (Orleans Homebuilders Inc)
Post-Maturity Interest. Any principal payments on the Loan not paid when due (including by reason of operation of the Subordination Agreement) and, to the extent permitted by applicable law, any interest payment on the Loan not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoan.
Appears in 1 contract
Sources: Senior Subordinated Credit Agreement (Gerber Childrenswear Inc)
Post-Maturity Interest. Any principal payments on the Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan not paid when due, in each case whether at Stated Maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable law.. E.
Appears in 1 contract
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, and to the extent permitted by applicable law, law any interest payment on the Loans not paid when due, and any other amount due to Lender under this Agreement or any other Loan Document not paid when due, in each any case whether at Stated Maturity, by notice of prepaymentstated maturity, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate of interest otherwise payable under this Agreement for the Loan but in no event equal to exceed the maximum interest rate permitted by applicable laweighteen (18%) percent per annum.
Appears in 1 contract
Sources: Unsecured Revolving Line of Credit Loan Agreement (Andrx Corp /De/)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment payments on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate equal to the sum of interest otherwise payable under this Agreement for the Loan but in no event to exceed Base Rate plus the maximum interest rate permitted by applicable lawApplicable Base Rate Margin plus 2.00% per annum.
Appears in 1 contract
Post-Maturity Interest. Any principal payments on the a Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the 38 31 a Loan not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawon such Loan.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Renaissance Cosmetics Inc /De/)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated MaturityFinal Maturity Date, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.0% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 1 contract
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loans not paid when due, and any other amount due to Lender under this Agreement or any other Loan Document not paid when due, in each any case whether at Stated Maturity, by notice of prepaymentstated maturity, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2% per annum in excess of interest otherwise payable under this Agreement for the Loan but Prime Rate from time to time in no event to exceed the maximum interest rate permitted by applicable laweffect.
Appears in 1 contract
Sources: Secured Revolving Credit Loan Agreement (Kramont Realty Trust)
Post-Maturity Interest. Any principal payments on the Loan Loans not ---------------------- paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 1 contract
Sources: Senior Subordinated Credit Agreement (Petersen Holdings LLC)
Post-Maturity Interest. Any principal payments on the Loan ---------------------- Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 1 contract
Sources: Senior Subordinated Credit Agreement (T Sf Communications Corp)
Post-Maturity Interest. Any Notwithstanding any other provision of this Agreement to the contrary, any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate which is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawLoans.
Appears in 1 contract
Sources: Senior Subordinated Credit Agreement (Ameristar Casinos Inc)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment payments on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawthereto plus 2.00% per annum.
Appears in 1 contract
Post-Maturity Interest. Any principal payments on the Senior Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Senior Loan not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate that is 2.00% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawSenior Loan.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Cityscape Financial Corp)
Post-Maturity Interest. Any principal payments on the Loan Loans not paid when due and, to the extent permitted by applicable law, any interest payment payments on the Loan Loans not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate equal to the sum of interest otherwise payable under this Agreement for the Loan but in no event to exceed Base Rate PLUS the maximum interest rate permitted by applicable lawApplicable Base Rate Margin PLUS 2.00% per annum.
Appears in 1 contract
Post-Maturity Interest. Any principal payments on the Loan Term Loans not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan interest, fee or other amount not paid when due, in each case whether at Stated Maturitystated maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate per annum equal to the sum of 2% plus the higher of (i) the rate of interest applicable to such Term Loans or (ii) the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawBase Rate Loans.
Appears in 1 contract
Sources: Term Credit Agreement (Textron Inc)
Post-Maturity Interest. Any principal payments on the Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan Loans not paid when due, in each case whether at Stated Maturity, by notice of prepaymentstated maturity, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate that is equal to 2.5% per annum in excess of the rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable lawAgreement.
Appears in 1 contract
Sources: Credit Agreement (Buy Com Inc)