Base Rate

Base Rate. Shall mean the highest The higher of (A) the Prime Rate, and (B) the sum of the Overnight Bank Funding Rate plus 50 basis points (0.50%), and (C) the sum of the Daily BSBY Rate plus 100 basis points (1.00%), so long as the Daily BSBY Rate is offered, ascertainable and not unlawful; (0.50%); provided, however, if the Base Rate as determined above would be less than zero, then such rate shall be deemed to be zero. If and when the Base Rate as determined above changes, the rate of interest with... respect to any amounts under this Note hereunder to which the Base Rate Option applies will change automatically without notice to the Borrower, effective on the date of any such change. View More

Base Rate. Shall mean the The highest of (A) the Prime Rate, (B) the sum of the Overnight Bank Funding Rate plus 50 basis points (0.50%), and (C) the sum of the Daily BSBY Rate Simple SOFR plus 100 basis points (1.00%), so long as the Daily BSBY Rate Simple SOFR is offered, ascertainable and not unlawful; provided, however, if the Base Rate as determined above would be less than zero, the Floor, then such rate shall be deemed to be zero. the Floor. If and when the Base Rate as determined above changes,... the rate of interest with respect to any amounts under this Note to which the Base Rate Option applies will change automatically without notice to the Borrower, effective on the date of any such change. View More

Base Rate. Shall mean the highest The higher of (A) the Prime Rate, and (B) the sum of the Overnight Bank Funding Rate plus 50 basis points (0.50%), and (C) the sum of the Daily BSBY Rate plus 100 basis points (1.00%), so long as the Daily BSBY Rate is offered, ascertainable and not unlawful; (0.50%); provided, however, if the Base Rate as determined above would be less than zero, then such rate shall be deemed to be zero. If and when the Base Rate as determined above changes, the rate of interest with... respect to any amounts under this Note hereunder to which the Base Rate Option applies will change automatically without notice to the Borrower, effective on the date of any such change. View More

Base Rate. Shall mean that variable rate of interest Interest so announced by Bank at its headquarters office in Detroit Michigan (in San Jose, California as its "Base Rate" from time to time and which serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto.

Base Rate. Shall mean that variable rate of interest so announced by Bank at its headquarters office in Detroit Michigan San Jose, California as its "Base Rate" from time to time and which serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto.

Base Rate. For Means for any day a fluctuating rate of interest per annum equal to the highest for such day of (a) the Federal Funds Rate plus 0.50%, 1/2 of 1%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its "prime rate," rate" and (c) except during a Eurocurrency Unavailability Period, the Eurodollar Eurocurrency Rate plus 1.00%; and if the Base Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. 1.25%. The "prime rate" is a rate set by Bank of America based upon various factors including Bank of America's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, above or below such announced rate. Any change in such prime rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. View More

Base Rate. For Means for any day a fluctuating rate of interest per annum equal to the highest of the following, in each case, to the extent determinable by the Administrative Agent: (a) the Federal Funds Rate plus 0.50%, 1/2 of 1%, (b) the Eurodollar Rate with respect to Interest Periods of one month determined as of approximately 11:00 a.m. (London time) on such day plus 1.50% and (c) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its "prime ... class="diff-color-red">rate," and (c) the Eurodollar Rate plus 1.00%; and if the Base Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. rate." The "prime rate" is a rate set by Bank of America based upon various factors including Bank of America's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. View More

Found in BRIGHAM EXPLORATION CO contract

Base Rate. Means, for any day, the rate per annum equal to the Prime Rate as most recently published in the Wall Street Journal. for such day. Any change in the Base Rate due to a change in the Prime Rate shall be effective on the effective date of such change in the Prime Rate.

Base Rate. Shall mean the rate of interest announced by the Bank as its prime rate of interest ("Prime"). interest.

Base Rate. Shall mean the average one-month London Interbank Offering Rate ("LIBOR") as provided by the Bank WFS on each date as of which interest is to be calculated.

Base Rate. The lesser of (i) fifteen thirteen percent (15%) (13.0%), accrued monthly and compounded monthly, annually, or (ii) the Highest Lawful Rate

Base Rate. A rate per annum equal to two (2) Shall mean 1.0 percentage point(s) above the rate of interest announced by the Bank from time to time as its prime rate of interest ('Prime Rate'). ("Prime Rate"). If the prior blank is not completed, the Base Rate shall be two (2) percentage points above the Prime Rate.

Base Rate. Means, on as of any date, a variable rate per annum equal to the rate of interest most recently published by The Wall Street Journal as the "prime rate" at large U.S. money center banks.

Base Rate. Shall mean the higher of (A) the Prime Rate, Rate in effect on such day, and (B) the sum of the Overnight Bank Funding Rate in effect on such day plus 50 basis points (0.50%). If and when the Base Rate (or any component thereof) changes, the rate of interest with respect to any amounts hereunder to which the Base Rate applies will change automatically without notice to the Borrower, effective on the date of any such change. change

Base Rate. Shall mean the higher of (A) the Prime Rate, Rate in effect on such day, and (B) the sum of the Overnight Bank Funding Rate in effect on such day plus 50 basis points (0.50%). If and when the Base Rate (or any component thereof) changes, the rate of interest with respect to any amounts hereunder to which the Base Rate applies will change automatically without notice to the Borrower, effective on the date of any such change. change