Rate after Maturity. Borrower shall pay interest on the Revolving Loan after its Maturity, and (at the option of Lender) on the Revolving Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 2% plus the Prime Rate.
Appears in 2 contracts
Sources: Loan Agreement (Insituform Technologies Inc), Loan Agreement (Intrav Inc)
Rate after Maturity. Borrower shall pay interest on the Revolving each Loan after its Maturity, and (at the option of LenderLenders) on the Revolving each Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 22.0% plus the Prime Raterate that would otherwise apply hereunder.
Appears in 1 contract
Rate after Maturity. Borrower shall pay interest on the Revolving Loan Loans after its their Maturity, and (at the option of Lender) on the Revolving Loan Loans and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of equal to 2% plus the Prime Alternate Base Rate.
Appears in 1 contract
Sources: Loan Agreement (Labarge Inc)
Rate after Maturity. Borrower shall pay interest on the Revolving a Loan after its Maturity, and (at the option of Lender) on upon all the Revolving Loan Loans and on the other Loan Obligations amounts that are owing with respect thereto after the occurrence of an Event of Default, at a rate per annum of 2% rate equal to the rate that would otherwise apply hereunder plus the Prime Rate4%.
Appears in 1 contract
Sources: Revolving and Term Loan Facility (Davel Communications Group Inc)