Prime Rate
Prime Rate. Means the rate of interest per annum publicly announced from time to time by the Bank as its prime rate in effect at its principal office in New York City; any change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective.
Found in
PANAMERICAN BEVERAGES INC contract
Prime Rate. Means the prime rate of interest announced from time to time as the prime rate by Bank One, NA (or its successors or assigns); provided, that the parties acknowledge that the Prime Rate is not intended to be the lowest rate of interest charged by said bank in connection with extensions of credit.
Found in
AIRNET SYSTEMS INC contract
Prime Rate. The rate of interest announced by Bank in New York State from time to time as its "Prime Rate." The Borrower acknowledges that the Bank may make loans to its customers above, at or below the Prime Rate. Interest accruing by reference to the Prime Rate shall be calculated on the basis of actual days elapsed and a 360-day year.
Prime Rate. Means the rate most recently announced by CNB at its principal office in Beverly Hills, California as its "Prime Rate." Any change in the interest rate resulting from a change in the Prime Rate will become effective on the day on which each change in the Prime Rate is announced by CNB.
Found in
EMERGENT GROUP INC contract
Prime Rate. Is Bank's most recently announced "prime rate," even if it is not the lowest rate at which Bank makes loans or otherwise extends credit. The Prime Rate may change from time to time over the term of this Agreement.
Found in
CRITICAL PATH INC contract
Prime Rate. Means the rate per annum reported from time to time in The Wall Street Journal or, if not so reported, the prime rate charged by one or more banks in the United States in connection with loans made to customers.
Found in
Riptide Worldwide, Inc. contract
Prime Rate. Shall mean the rate of interest per annum announced from time to time by the Bank as its prime rate. Each change in the Prime Rate shall be effective from and including the date the change is announced as being effective. The Prime Rate is a reference rate and may not be the Bank's lowest rate.
Found in
AVISTAR COMMUNICATIONS CORP contract
Prime Rate. Means the Prime Rate publicly announced by Bank One, Phoenix, Arizona, from time to time (which may not necessarily be the lowest rate charged by that bank to its customers).
Found in
ADAMS GOLF INC contract
Prime Rate. Shall mean the rate which, at any time and from time to time, shall be the rate of interest then most recently announced by Bank as its prime rate which is not intended to be Bank's lowest or most favorable rate of interest at any one time. The effective date of any change in the Prime Rate shall for purposes hereof be the date the rate is changed by Bank. Bank shall not be obligated to give notice of any change in the Prime Rate.
Found in
WMS INDUSTRIES INC contract
Prime Rate. Bank's most recently announced "Prime Rate," even if it is not Bank's lowest rate, except that at no time under this Agreement shall the Prime Rate be less than four and one-quarter percent (4.25%).
All Definitions
Found in
NAVISITE LLC contract