Example ContractsClausesdefault rateIdentical
Default Rate
Default Rate contract clause examples

If any amount of principal of any Loan is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws.

Source document
NOVANTA INC (NOVT) (CIK 0001076930)
Source: SEC EDGAR database • Date: November 9, 2021 • SIC: 3690 • CIK: 3690
NOVANTA INC (NOVT) (CIK 0001076930)
Source: SEC EDGAR database • Date: October 7, 2021 • SIC: 3690 • CIK: 3690
RigNet, Inc. (RNET) (CIK 0001162112)
Source: SEC EDGAR database • Date: February 24, 2020 • SIC: 4899 • CIK: 4899
ZYNGA INC (ZNGA) (CIK 0001439404)
Source: SEC EDGAR database • Date: December 11, 2020 • SIC: 7374 • CIK: 7374
NOVANTA INC (NOVT) (CIK 0001076930)
Source: SEC EDGAR database • Date: January 3, 2020 • SIC: 3690 • CIK: 3690
KBR, INC. (KBR) (CIK 0001357615)
Source: SEC EDGAR database • Date: April 27, 2018 • SIC: 1600 • CIK: 1600

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