Floating Rate

Floating Rate. Means, with respect to a Calculation Period, the rate determined by Chase to be (i) the per annum rate for deposits in U.S. dollars for a period of the Designated Maturity which appears on the Telerate Page 3750 Screen as of 11:00 a.m., London time, on the day that is two London Business Days prior to the Reset Date in respect of such Calculation Period (rounded upwards, if necessary, to the nearest 1/100,000 of 1%); (ii) if such rate does not appear on the... Telerate Page 3750 Screen, the Floating Rate with respect to such Calculation Period shall be the arithmetic mean (rounded as aforesaid) of the offered quotations obtained by Chase from the Reference Banks for deposits in U.S. dollars to leading banks in the London interbank market as of approximately 11:00 a.m., London time, on the day that is two London Business Days prior to such Reset Date; or (iii) if fewer than two Reference Banks provide Chase with such quotations, the Floating Rate shall be the rate per annum which Chase determines to be the arithmetic mean (rounded as aforesaid) of the offered quotations which leading banks in New York City selected by Chase are quoting in the New York interbank market on such Reset Date for deposits in U.S. dollars to the Reference Banks or, if fewer than two such quotations are available, to leading European and Canadian Banks. View More

Floating Rate. Means an annual rate equal to the Prime Rate plus the Revolving Margin, which annual rate shall change when and as the Prime Rate changes.

Floating Rate. Means (i) with respect to Revolving Advances evidenced by the Revolving Note, an annual interest rate equal to the Prime Rate plus two percent (2.00%), and (ii) with respect to Term Advances evidenced by the Term Note, an annual interest rate equal to the Prime Rate plus two percent (2.00%), which interest rate shall, in each case, change when and as the Prime Rate changes.

Floating Rate. With respect to any Floating Rate Advances, a fluctuating rate equal to the highest of: (i) the Prime Rate in effect on such day, (ii) a rate determined by Bank to be two and a half percent (2.50%) above the LIBOR Base Rate applicable to a 30-day Interest Period, and (iii) the Federal Funds Rate plus one and one-half of one percent (1.50%).

Floating Rate. Means, with respect to the Advances, an annual interest rate equal to the sum of the Base Rate plus the Interest Rate Margin, which interest rate shall change when and as the Base Rate changes.

Floating Rate. Means with respect to all Advances, other than Overadvances and Structural Sublimit Advances, an annual rate equal to the Prime Rate minus one-quarter of one percent (1/4 of 1%), and with ----- respect to Overadvances and Structural Sublimit Advances, an annual rate equal to the Prime Rate plus one-half of one percent (1/2 of 1%), ---- which annual rate, in each case, shall change when and as the Prime ... Rate changes. View More

Floating Rate. Shall mean a rate per annum (computed on the basis of a year of 360 days and actual days elapsed) for each day equal to the Prime Rate for such day as computed prior to 12:00 noon eastern time plus fifty (50) Basis Points, such interest rate to change automatically from time to time effective as of the effective date of each change in the Prime Rate.

Floating Rate. Means LIBOR plus the Floating Rate Margin.

Floating Rate. Means an annual interest rate equal to the sum of the Base Rate plus three and three-quarters percent (3.75%), which interest rate shall change when and as the Base Rate changes.

Floating Rate. Means (i) with respect to the Revolving Advances, an annual interest rate equal to the sum of the Base Rate plus one percent (1.00%), (ii) with respect to the Term Advance, an annual rate of interest equal to the sum of the Base Rate plus one and one-quarter of one percent (1.25%), (iii) with respect to the Over-Advance Term Advance, an annual rate of interest equal to the sum of the Base Rate plus three-quarters of one percent (0.75%), and (iv) with respect to the Real Estate... Advance, an annual rate of interest equal to the sum of the Base Rate plus one and one half percent (1.50%), which interest rates shall, in each case, change when and as the Base Rate changes. View More