Floating Rate

Floating Rate. Means: (a) with respect to the Revolving Advances evidenced by the Revolving Note, an annual interest rate equal to (i) during the period from April 29, 2009 to and including June 14, 2009, the WFBC Base Rate plus two and one quarter of one percent (2.25%) and (ii) on June 15, 2009 and thereafter, the WFBC Base Rate plus two and one half of one percent (2.50%); and 2 (b) with respect to the Term Advances evidenced by the Term Note and 2009 Term Advance evidenced by the 2009... Term Note, an annual interest rate equal to (i) during the period from April 29, 2009 to and including June 14, 2009, the WFBC Base Rate plus three and one half of one percent (3.50%) and (ii) on June 15, 2009 and thereafter, the WFBC Base Rate plus four and three quarters of one percent (4.75%), which interest rate shall, in each case, change whenever the WFBC Base Rate changes. View More

Floating Rate. Means (i) with respect to the initial Calculation Period, the rate determined for the Floating Rate Option two (2) London Banking Days prior to the Effective Date for value on the Effective Date; and (ii) with respect to any subsequent Calculation Period, the rate determined with respect to such period for the Floating Rate Option.

Floating Rate. Means an annual interest rate equal to the sum of "Daily Three Month LIBOR plus the Margin, which interest rate shall, in each case, change when and as "Daily Three Month LIBOR changes.

Floating Rate. Means an annual interest rate equal to the sum of the WFBC Base Rate plus the Margin, which interest rate shall, in each case, change when and as the WFBC Base Rate changes.

Floating Rate. Shall each be as specified in the Confirmation relating to such Transaction, if applicable.

Floating Rate. Means, at any time, an annual rate equal to the sum of (i) 225 basis points (2.25% per annum), and (ii) the greater of: (A) the Base Rate; or (B) the Federal Funds Rate, plus 50 basis points (0.50% per annum). The Floating Rate shall change when and as the Base Rate or Federal Funds Rate changes.

Floating Rate. Means an annual interest rate equal to the sum of the Prime Rate minus one-quarter of one percent (0.25%), which interest rate shall change when and as the Prime Rate changes.

Floating Rate. An annual interest rate equal to the greater of (i) the sum of the Prime Rate plus the applicable Margin, which interest rate shall, in each case, change when and as the Prime Rate changes, or (ii) five percent (5.0%)

Floating Rate. That the relevant Notes will bear interest (and be payable) in accordance with the floating rate interest provisions set forth in the form of Note Purchase Agreement.