Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.00% or (ii) the Floating Rate plus 2.00%.
Appears in 11 contracts
Sources: Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 5 contracts
Sources: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co)
Rate after Maturity. Any Advance not paid by the Company at maturity, whether by acceleration or otherwise, shall bear interest until paid in full at a rate per annum equal to the higher of (i) the rate otherwise applicable thereto plus 2.001% or (ii) the Floating Rate plus 2.001%.
Appears in 4 contracts
Sources: Credit Agreement (Panhandle Eastern Pipe Line Co), Credit Agreement (CMS Energy Corp), 364 Day Credit Agreement (Consumers Energy Co)