Default Rate. Immediately upon the occurrence and during the continuance of an Event of Default, the outstanding Obligations shall bear interest at a rate per annum which is three percent (3.0%) above the rate that is otherwise applicable thereto (the “Default Rate”). Fees and expenses which are required to be paid by Borrower pursuant to the Loan Documents (including, without limitation, Lenders’ Expenses) but are not paid when due shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations. Payment or acceptance of the increased interest rate provided in this [Section 1.5(c)] is not a permitted alternative to timely payment and shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of Agent or any Lender.

Default Rate. Notwithstanding the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by any Borrower hereunder is not paid when due, whether

Default Rate. If any Event of Default pursuant to [Sections 9.1(a), 9.1(b), 9.1(f), 9.1(g), 9.1(h) or 9.1(i)])])])])])] occurs and is continuing, then, while any such Event of Default is continuing, all of the Obligations shall bear interest at the Default Rate applicable thereto.

Default Rate. Anything herein to the contrary notwithstanding, if an Event of Default shall occur and be continuing, upon the election of the Administrative Agent or the Required Lenders # the principal of each Loan and the unpaid interest thereon shall bear interest, until paid, at the Default Rate, # the fee for the aggregate undrawn amount of all issued and outstanding Letters of Credit shall be increased by two percent (2%) in excess of the rate otherwise applicable thereto, and # in the case of any other amount not paid when due from the Borrower hereunder or under any other Loan Document, such amount shall bear interest at the Default Rate; provided that, during an Event of Default under [Section 8.1 or 8.11]1] hereof, the applicable Default Rate shall apply without any election or action on the part of the Administrative Agent or any Lender, and shall no longer apply when no Event of Default is continuing.

Default Rate. In the event that, and for so long as, any Event of Default shall have occurred and be continuing, the outstanding principal balance of the Loan and, to the extent permitted by Applicable Law, overdue interest in respect of the Loan, shall accrue interest at the Default Rate, calculated from the date such payment was due without regard to any grace or cure periods contained herein.

Default Rate. Subject to [Section 11.3], # immediately upon the occurrence and during the continuance of an Event of Default under [Section 11.1(a), (b), (h) or (i), or (ii)])])])])] at the election of the Required Lenders, upon the occurrence and during the continuance of any other Event of Default, # the Borrower shall no longer have the option to request LIBOR Rate Loans, # all outstanding LIBOR Rate Loans shall bear interest at a rate per annum of two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to LIBOR Rate Loans until the end of the applicable Interest Period and thereafter at a rate equal to two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to Base Rate Loans, # all outstanding Base Rate Loans and other Obligations arising hereunder or under any other Loan Document shall bear interest at a rate per annum equal to two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to Base Rate Loans or such other Obligations arising hereunder or under any other Loan Document and # all accrued and unpaid interest shall be due and payable on demand of the Administrative Agent. Interest shall continue to accrue on the Obligations after the filing by or against the Borrower of any petition seeking any relief in bankruptcy or under any Debtor Relief Law.

Default Rate. Upon the occurrence and during the continuation of an Event of Default,

Rate. From the date of this Note until December 22, 2028, interest shall accrue on the outstanding principal balance of this Note at a rate equal to Nine and Twenty-Five Hundredths percent (9.25%) per year. On the fifth (5th) anniversary date of this Note, and every five (5) years thereafter (referred to as the "Adjustment Date"), the interest rate will be adjusted to be equal to the greater of # the sum of the five-year Constant Maturity U.S. Treasury Rate (the “CMT Rate”) as of the Adjustment Date plus 5.00% percentage points or # the Index Floor. For the purposes of this paragraph, “Index Floor” means 6.00 percent. If the CMT Rate is no longer published, then Lender may reasonably designate a substitute index after written notice to Borrower, provided that the resulting effective interest rate approximates, as closely as reasonably possible, the CMT Rate in effect immediately prior to such designation.

Rate. Subject to the provisions of [Section 3.1(b)], the Loans shall bear interest at Prime plus one percent (1.00%) per annum. All interest due hereunder shall be payable monthly in arrears on the first day of each calendar month and on the Termination Date.

. If any Event of Default shall occur, then during the continuance of such Event of Default, interest shall accrue on the Principal Indebtedness 153758634 Loan Agreement (CT/NJ Loan) - GTJ Portfolio Refinancing - AIG