Prime Rate
Prime Rate. A rate of interest equal to the greater of: (a) the rate of interest which JP Morgan Chase Bank (or any successor in interest) publicly announces from time to time as its prime rate or reference rate; and (b) four percent (4%) per annum. The Prime Rate will change and take effect for purposes of this Agreement on the day that JP Morgan Chase Bank (or any successor in interest) publicly announces any change in its Prime Rate or reference rate.
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EN POINTE TECHNOLOGIES INC contract
Prime Rate. Shall mean, with respect to each Interest Period, the annual rate of interest announced by Wells Fargo Bank, National Association (or, if Wells Fargo Bank, National Association fails to publish a "prime rate" or "base rate" another financial institution with a main or branch office in New York, New York, selected, from time to time, by Lender) from time to time as its "prime rate" or "base rate" in effect at its principal office in New York, New York at 5:00 p.m., New York City time on the...
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Found in
BIOSPHERE MEDICAL INC contract
Prime Rate. Means, at any date, the "Prime Rate," as published in The Wall Street Journal (Eastern Edition) on such date or on the Trading Date immediately preceding such date if such date is not a Trading Date.
Prime Rate. Means the rate of interest announced publicly by Lender from time to time as its prime rate or other designation in replacement of the prime rate announced by Lender. Such rate may not necessarily be the lowest interest rate offered by Lender.
Found in
Blackhawk Biofuels, LLC contract
Prime Rate. Shall mean the rate of interest reported as the prime rate from time to time in The Wall Street Journal newspaper (or its successor in interest) in its "Money Rates" column; provided, however, if more than one rate or a range of rates are reported as the prime rate, then the higher or highest of such rates shall be considered the Prime Rate.
Found in
Stanley, Inc. contract
Prime Rate. Shall mean the per annum rate of interest publicly announced by Bank from time to time as its "prime or base rate." Any change in an interest rate resulting from a change in the Prime Rate shall become effective on the day such change is announced by Bank. The Prime Rate is a reference used by Bank in determining interest rates on certain loans and is not intended to be the lowest rate of interest charged on any extension of credit to any debtor.
Prime Rate. Shall mean, on any date, the greater of (a) the rate from time to time publicly announced by Wachovia Bank, National Association, or its successors, as its prime rate, whether or not such announced rate is the best rate available at such bank or (b) the Adjusted Eurodollar Rate for a one (1) month Interest Period on such date plus two (2%) percent.
Found in
Wise Metals Group LLC contract
Prime Rate. Shall mean, with respect to any International Transaction, LIBOR plus a spread, as may be specified in the Confirmation with respect to any International Transaction or otherwise in writing.
Found in
NexCen Brands, Inc. contract
Prime Rate. Shall mean the highest "Prime Rate" as published in the Wall Street Journal's "Money Rates" table, which is described as the base rate on corporate loans at large U.S. money center banks.
Prime Rate. The term "Prime Rate" shall mean the prime rate as published from time to time in The Wall Street Journal.
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Found in
DA-LITE SCREEN CO INC contract