Prime Rate

Example Definitions of "Prime Rate"
Prime Rate. Means the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its "prime rate." The "prime rate" is a rate set by Bank of America based upon various factors including Bank of America's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such rate announced by Bank of America shall take effect at... the opening of business on the day specified in the public announcement of such change. View More Arrow
Found in STONEMOR PARTNERS LP contract
Prime Rate. The per annum interest rate announced by and quoted in the Wall Street Journal from time-to-time as the prime or base rate as determined on the date in which the amount is deemed to be in default.
Found in Sintx Technologies, Inc. contract
Prime Rate. Is SVB's most recently announced "prime rate," even if it is not Lenders' lowest rate
Found in INFINERA Corp contract
Prime Rate. The interest rate per annum announced from time to time by Key Bank, Cleveland, Ohio, as its prime rate
Found in EXACT SCIENCES CORP contract
Prime Rate. A fluctuating rate per annum equal to the rate of interest publicly announced by Bank at its principal office from time to time as its Prime Rate. Any change in the Prime Rate shall be effective on the date such change is announced by Bank
Found in MobileSmith, Inc. contract
Prime Rate. The prime rate reported in the Wall Street Journal at the time such rate must be determined under the terms of this Agreement.
Found in NuStar Energy L.P. contract
Prime Rate. Means the prime rate of interest quoted in the Money Rates (or equivalent) section of The Wall Street Journal (or any substitute source mutually agreed to by the Parties).
Found in BIODELIVERY SCIENCES INTERNATIONAL INC contract
Prime Rate. The rate of interest per annum announced to be the Prime Rate from time to time by Lender at its principal office in Cincinnati, Ohio whether or not Lender will at times lend to borrowers at lower rates of interest, or, if there is no such Prime Rate, then its base rate or such other rate as may be substituted by Lender for the Prime Rate.
Found in STREAMLINE HEALTH SOLUTIONS INC. contract
Prime Rate. Means the interest rate charged by the Northern Trust Corporation, Chicago, Illinois, on corporate loans made to their best customers as of the first business day coincident with or immediately following the first day of each Plan Year.
Found in HNI Corporation contract
Prime Rate. The interest rate per annum as published, from time to time, in The Wall Street Journal as the "Prime Rate" in its column entitled "Money Rate". The Prime Rate may not be the lowest rate of interest charged by any "large U.S. money center commercial banks" and Landlord makes no representations or warranties to that effect. In the event The Wall Street Journal ceases publication or ceases to publish the "Prime Rate" as described above, the Prime Rate shall be the average per annum discount rate... (the "Discount Rate") on ninety-one (91) day bills ("Treasury Bills") issued from time to time by the United States Treasury at its most recent auction, plus three hundred (300) basis points. If no such 91-day Treasury Bills are then being issued, the Discount Rate shall be the discount rate on Treasury Bills then being issued for the period of time closest to ninety-one (91) days View More Arrow
Found in Equinix contract
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