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This excerpt taken from the CVS 8-K filed Mar 23, 2007. After
Maturity, Late Payment Rate. After maturity, whether
by acceleration,
notice of intention to prepay or otherwise, the outstanding principal balance
of
the Loans shall bear interest at the Alternate Base Rate plus
2% per annum until paid (whether before or
after the entry of any judgment thereon). Any payment of principal, interest
or
any Fees not paid on the date when due and payable shall bear interest at the
Alternate Base Rate plus
2% per annum from
the due date thereof until the date such payment is made (whether before or
after the entry of any judgment thereon).
(c) |
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