Agreed Interest Rate
Agreed Interest Rate. The term "Agreed Interest Rate" shall mean that interest rate determined as of the time it is to be applied that is equal to the lesser of (a) four percent (4%) above the rate then most recently announced by Bank of America N.T. & S.A. at its San Francisco main office as the "Prime Rate", or (b) the maximum interest rate permitted by Law.
Found in
Jive Software, Inc. contract
Agreed Interest Rate. The term "Agreed Interest Rate" means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.
All Definitions
Found in
Quotient Technology Inc. contract
