Prime Rate Loan
Prime Rate Loan. Any Loan for the period(s) when the rate of interest applicable to such Loan is calculated by reference to the Prime Rate.
Found in
DOVER SADDLERY INC contract
Prime Rate Loan. Means a Loan which bears interest at the Prime Rate.
Prime Rate Loan. Means that the Principal Amount bears interest at a rate equal to Lender's Prime Rate. The interest rate on each Prime Rate Loan shall change immediately, without notice or demand of any kind to Obligors, each time that Lender's Prime Rate changes so that the rate of interest on a Prime Rate Loan is at all times equal to Lender's Prime Rate.
Found in
Crystal Rock Holdings, Inc. contract
Prime Rate Loan. Shall mean any or all Advances from time to time unpaid and bearing interest at the Prime Rate plus one quarter of one percent (1/4%).
Prime Rate Loan. Shall mean the Loan at such time as it is bearing interest at the Applicable Prime Rate
Prime Rate Loan. Means any loan or advance the rate of interest applicable to which is based upon the Prime Rate.
Prime Rate Loan. Any Loan which bears interest at a rate determined by reference to the Prime Rate.
All Definitions
Found in
ALLETE Inc. contract