Default Rate
Default Rate. An annual rate of interest equal to 10% per annum
Default Rate. An annual rate of interest equal to fifteen percent (15%) per annum
Default Rate. An annual rate of interest equal to 15% per annum
Default Rate. An annual interest rate equal to one and one-half percent (1.5%) over the Floating Rate, which interest rate shall change when and as the Prime Rate changes
Found in
NETLIST INC contract
Default Rate. The interest rate imposed pursuant to the Indenture with respect to any Defaulted Interest
Found in
Drive Shack Inc. contract
Default Rate. Means, with respect to the Series B Notes, that rate of interest that is the greater of (1) 2.00% per annum above the rate of interest stated in clause (a) of the first paragraph of the Series B Notes or (2) 2.00% over the rate of interest publicly announced by JPMorgan Chase Bank, N.A. in New York, New York as its "base" or "prime" rate.
Found in
MGE ENERGY INC contract
Default Rate. Is the lower of eighteen percent (18%) per annum or the maximum rate not prohibited by applicable law.
Found in
ATHENAHEALTH INC contract
Default Rate. Means a per annum rate of interest equal to the Prime Rate from time to time announced by Bank of America, N.A. or its successor, plus one percent (1.0%), and should Bank of America, N.A. ever cease to do business without a successor, then the Prime Rate for purposes hereof shall be deemed to be the average Prime Rate then charged by the three largest (in terms of deposits) national banking associations then doing business in the United States of America.
Found in
NuStar Energy L.P. contract
Default Rate. The Interest Rate plus five percent (5%) per annum, but in no event greater than the maximum lawful rate of interest.
Found in
Whitestone REIT contract
Default Rate. The default interest rate specified in the Note.
All Definitions
Found in
Veeco Instruments Inc. contract
