Post-Maturity Rates. After the date any principal amount of any Loan is due and payable (whether on the Stated Maturity Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Alternate Base Rate plus a margin of 2%.
Appears in 8 contracts
Sources: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Tele Communications International Inc), Credit Agreement (Moore Corporation LTD)
Post-Maturity Rates. After the date any principal amount of any Loan is due and payable (whether on the Stated Maturity DateDate applicable to such Loan, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Alternate Base Rate plus a margin of the Applicable Base Rate Margin plus 2%% per annum.
Appears in 2 contracts
Sources: Credit Agreement (Cornerstone Propane Partners Lp), Credit Agreement (Cornerstone Propane Partners Lp)