Base Rate

Example Definitions of "Base Rate"
Base Rate. Means the Alternate Base Rate as defined in the Credit Agreement.
Found in Brink's Company (The) contract
Base Rate. Shall mean the Prime Rate; provided, however, if the Base Rate would be less than zero, then such rate shall be deemed to be zero. If and when the Base Rate changes, the rate of interest on this Note will change automatically without notice to the Borrower, effective on the date of any such change.
Found in Optex Systems Holdings Inc contract
Base Rate. Shall mean the higher of (A) the Prime 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%)
Found in LUNA INNOVATIONS INC contract
Base Rate. 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 Daily Simple SOFR plus 100 basis points (1.00%), so long as Daily Simple SOFR is offered, ascertainable and not unlawful; provided, however, if the Base Rate as determined above would be less than the Floor, then such rate shall be deemed to be 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
Found in Medpace Holdings, Inc. contract
Base Rate. Means the Base Rate, Alternative Base Rate, ABR or any similar or analogous definition in the Credit Agreement.
Found in Harsco Corporation contract
Base Rate. The variable per annum rate of interest so designated from time to time by the Lender as its prime rate (which rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer) plus 150 basis points
Found in Megalith Financial Acquisition Corp contract
Base Rate. For any day, a rate of interest equal to the Prime Rate for such day
Found in HARTE HANKS INC contract
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%)
Found in CHESAPEAKE UTILITIES CORP contract
Base Rate. Seventeen and 85/100 Dollars ($17.85) per rentable square foot for the first twelve (12) months following the Commencement Date, and thereafter increased by the Base Annual Rent Escalation.
Found in PRECISION BIOSCIENCES INC contract
Base Rate. The interest rate on the Company Senior Debt, or if no Company Senior Debt is outstanding, 6.00%.
Found in Mediaco Holding Inc. contract
All Definitions