Default Interest Rate. For so long as any Event of Default exists, regardless of whether or not there has been an acceleration of the Loans, and at all times after the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interest shall accrue on the Outstanding Amount of the Loans at the Default Interest Rate and # interest shall accrue on any past due amount (other than the outstanding principal balance) at the Default Interest Rate, and such accrued interest shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment or Event of Default, and such accrued interest are reasonable estimates of those damages and do not constitute a penalty.

Default Interest Rate. For so long as any Event of Default exists, regardless of whether or not there has been an acceleration of the Loans, and at all times after the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interest shall accrue on the Outstanding Amount of the Loans at the Default Interest Rate and # interest shall accrue on any past due amount (other than the outstanding principal balance) at the Default Interest Rate, and such accrued interest shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment or Event of Default, and such accrued interest are reasonable estimates of those damages and do not constitute a penalty.

Default Interest Rate. For so long as any Event of Default exists, regardless of whether or not there has been an acceleration of the Loans, and at all times after the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interest shall accrue on the Outstanding Amount of the Loans at the Default Interest Rate and # interest shall accrue on any past due amount (other than the outstanding principal balance) at the Default Interest Rate, and such accrued interest shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment or Event of Default, and such accrued interest are reasonable estimates of those damages and do not constitute a penalty.

Default Interest Rate. For so long as anyInterest. Notwithstanding the above provisions, if an Event of Default exists, regardless of whether or not there has been an accelerationis in existence, upon written notice by the Administrative Agent (which notice the Administrative Agent shall give at the direction of the Loans,Required Lenders), # all outstanding amounts of principal and, to the extent permitted by law, all overdue interest, in respect of each Loan shall bear interest, payable on demand, at a rate per annum equal to the Default Rate, and at all times after# the maturityLC Fees shall be increased by an additional 2% per annum in excess of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interest shall accrue on the Outstanding Amount of the Loans at the Default Interest Rate and # interest shall accrue onLC Fees otherwise applicable thereto. In addition, if any past due amount (other than amounts as to which the outstanding principal balance)foregoing subparts (i) and (ii) are applicable) payable by the Borrower under the Loan Documents is not paid when due, upon written notice by the Administrative Agent (which notice the Administrative Agent shall give at the direction of the Required Lenders), such amount shall bear interest, payable on demand, at a rate per annum equal to the Default Interest Rate, and such accrued interest shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment or Event of Default, and such accrued interest are reasonable estimates of those damages and do not constitute a penalty.Rate.

Default Interest Rate. For so long as any EventBorrowers shall pay to Administrative Agent, for the benefit of Default exists, regardless of whether or not there has been an acceleration of the Loans, and at all times after the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, #Lenders, interest shall accrue on the Outstanding Amountoutstanding principal amount of the Loans at the Interest Rate. All interest accruing hereunder on and after the date of any Event of Default Interest Rate and # interest shall accrue on any past due amount (other than the outstanding principal balance) at the Default Interest Rate, and such accrued interestor termination hereof shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment or Event of Default, and such accrued interest are reasonable estimates of those damages and do not constitute a penalty.payable on demand.

Default Interest Rate. ForIn the event that, and for so long asas, any Event of Default exists, regardless of whether or not there has been an accelerationshall have occurred and be continuing, the Outstanding Principal Balance and, to the extent permitted by law, all accrued and unpaid interest in respect of the Loans,Loan and at all times afterany other amounts due pursuant to the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interestLoan Documents shall accrue on the Outstanding Amount of the Loansinterest at the Default Interest RateRate, calculated from the date such payment was due without regard to any grace or cure periods contained herein and # interest shall accrue on any past due amount (other than(to the outstanding principal balance) at the Default Interest Rate, and such accrued interest shall be immediatelyextent not already paid and/or due and payable. Borrowerpayable hereunder) be due and payable on each Payment Date. ​ acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’​’s or Lenders’ actual damages resulting from any late payment or Event of Default,Default and such accrued interest arethat the Default Rate is a reasonable estimatesestimate of those damages and dodoes not constitute a penalty.

Default Interest Rate. ForIn the event that, and for so long asas, any Event of Default exists, regardless of whether or not there has been an accelerationshall have occurred and be continuing, the Outstanding Principal Balance and, to the extent permitted by law, all accrued and unpaid interest in respect of the Loans,Loan and at all times afterany other amounts due pursuant to the maturity of the Loans (whether by acceleration or otherwise), and in addition to all other rights and remedies of Administrative Agent or Lenders hereunder, # interestLoan Documents, shall accrue on the Outstanding Amount of the Loansinterest at the Default Interest Rate and # interest shall accrue on any past due amount (other thanuntil the outstanding principal balance) atcure of the Default Interest Rate, and such accrued interest shall be immediately due and payable. Borrower acknowledges that it would be extremely difficult or impracticable to determine Administrative Agent’s or Lenders’ actual damages resulting from any late payment orapplicable Event of Default, andcalculated from the date such accrued interest are reasonable estimates of those damages and do not constitute a penalty.payment was due without regard to any grace or cure periods contained herein.