Base Rate

Example Definitions of "Base Rate"
Base Rate. Means, on 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.
Found in Paymentus Holdings, Inc. contract
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.
Found in Foresight Acquisition Corp. contract
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Base Rate. Shall mean the higher of (A) the Prime Rate, and (B) the sum of the Overnight Bank Funding Rate 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.
Found in NORTHERN TECHNOLOGIES INTERNATIONAL CORP contract
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
Found in LUNA INNOVATIONS INC contract
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
Found in LUNA INNOVATIONS INC contract
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Base Rate. Means on any date, a fluctuating rate of interest per annum equal to the highest of (a) the Prime Rate, (b) the Federal Funds Rate plus 0.50% per annum, and (c) if a Series 2009-1 Noteholder has notified the Issuer in writing that Market Disruption Pricing Event is then continuing with respect to a Series 2009-1 Noteholder, an interest rate per annum solely with respect to such Series 2009-1 Noteholder equal to the lesser of (x) one and one half of one percent (1.50%) over the then Adjusted... Eurodollar Rate (determined in accordance with the terms of this Supplement) and (y) the Actual Cost of Funds (as such term is set forth in the definition of Market Disruption Pricing Event). Such Series 2009-1 Noteholder shall notify the Issuer in writing of its Actual Cost of Funds for such Interest Accrual Period, which notification shall be determinative absent manifest error. View More
Found in TAL International Group, Inc. contract
Base Rate. 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").
Found in HARDINGE INC contract
Base Rate. The Applicable Margin (Base Rate Margin) above the rate of interest announced by the Bank as its prime rate of interest ("Prime Rate").
Found in HARDINGE INC contract
Base Rate. The lesser of (i) thirteen percent (13.0%), accrued monthly and compounded annually, or (ii) the Highest Lawful Rate
Found in United Development Funding IV contract
Base Rate. The lesser of (i) twelve percent (12.0%) per annum, or (ii) the Highest Lawful Rate
Found in United Development Funding III, LP contract
Base Rate. Shall mean the lesser of (i) fifteen percent (15%) per annum, or (ii) the Highest Lawful Rate.
Found in United Development Funding III, LP contract
Base Rate. The lesser of (i) fifteen percent (15%) accrued and compounded monthly, or (ii) the Highest Lawful Rate
Found in United Development Funding III, LP contract
Base Rate. The lesser of (i) sixteen and one-half percent (16.5%), accrued and compounded monthly, or (ii) the Highest Lawful Rate
Found in United Development Funding III, LP contract
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