Document ID: 14228

Text:
(b) Notwithstanding anything to the contrary in Section 2.4(a), if an Event of Default is in existence, all outstanding amounts of principal and, to the extent permitted by applicable law, all overdue interest in respect of the Loan, shall bear interest, payable on demand, at a per annum rate equal to the Default Interest Rate. If any amount (other than the principal of and interest on the Loan) payable by Borrower under the Loan Documents is not paid when due, such amount shall bear interest, payable on demand, at a per annum rate equal to the Default Interest Rate.

Named Entities:

Tokenized Text:
(
b
)
Notwithstanding
anything
to
the
contrary
in
Section
2
.
4
(
a
)
,
if
an
Event
of
Default
is
in
existence
,
all
outstanding
amounts
of
principal
and
,
to
the
extent
permitted
by
applicable
law
,
all
overdue
interest
in
respect
of
the
Loan
,
shall
bear
interest
,
payable
on
demand
,
at
a
per
annum
rate
equal
to
the
Default
Interest
Rate
.
If
any
amount
(
other
than
the
principal
of
and
interest
on
the
Loan
)
payable
by
Borrower
under
the
Loan
Documents
is
not
paid
when
due
,
such
amount
shall
bear
interest
,
payable
on
demand
,
at
a
per
annum
rate
equal
to
the
Default
Interest
Rate
.