Interest Rate
Interest Rate. Shall mean the rate of interest to accrue on the Obligations, which shall be the London Inter Bank Offered Rate plus 225 basis points to be adjusted monthly as more fully provided in the Notes.
Interest Rate. Shall mean ***** per annum above the prime lending rate announced, from time to time, by JPMorgan Chase Bank, N.A. in New York City or, in the event that JPMorgan Chase Bank, N.A. shall no longer announce its prime or base lending rate as aforesaid, ***** per annum above the prime rate from time to time published in the "Money Rates" section of The Wall Street Journal as being the "Prime Rate" (or, if more than one rate is published as the Prime Rate, then the average of such rates).
Found in
PLAYBOY ENTERPRISES INC contract
Interest Rate. Means 6% from the Issuance Date until 90 days thereafter, and then 12% until the Maturity Date.
Found in
DELTA FINANCIAL CORP contract
Interest Rate. Shall mean the rate of interest per annum payable hereunder, as calculated pursuant to Paragraph 2 of this Note.
Found in
TRUEYOU.COM contract
Interest Rate. Shall mean fifteen percent (15%) per annum, but in no event greater than the maximum rate of interest permitted by law.
Interest Rate. Seven and three-eighths percent (7.375%) per annum.
Interest Rate. Means, at any time and as may be adjusted from time to time in accordance with Section 2: (i) if the Total Leverage Ratio is less than 2.50:1.00, then 10.0%; and (ii) if the Total Leverage Ratio is equal to or greater than 2.50:1.00, then 12.0%, with the Initial Interest Rate on the Issuance Date based upon the Total Leverage Ratio as of December 31, 2024. 21
Found in
LIGHTPATH TECHNOLOGIES INC contract
Interest Rate. Means 12% per annum.
Interest Rate. Means, in the event the company chooses to pay Cash Interest, the Cash Interest Rate and, in the event the Company chooses to pay PIK Interest, the PIK Interest Rate.
Found in
FTC Solar, Inc. contract
Interest Rate. Means the "prime" rate of interest, so called, from time to time published or announced by the Wall Street Journal, plus 2%.
All Definitions
Found in
Edible Garden AG Inc contract