Prime Rate

Prime Rate. Means the rate of interest in effect for such day as publicly announced from time to time by the Bank as its "prime rate." The "prime rate" is set by the Bank based upon various factors including the Bank's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans. The Bank may price loans and loan to its customers at, above, or below the "prime rate." Any change in the "prime rate" shall take effect at the opening of... business on the day specified in the public announcement of a change in the Bank's "prime rate." View More

Prime Rate. The fluctuating rate per annum which is publicly announced from time to time by Bank as being its so-called "prime rate" or "base rate" thereafter in effect, with each change in the Prime Rate automatically, immediately, and without notice changing the Prime Rate thereafter applicable hereunder, it being acknowledged that the Prime Rate is not necessarily the lowest rate of interest then available from Bank on fluctuating-rate loans

Prime Rate. Shall mean the Buyer's most recently announced "prime rate," even if it is not Buyer's lowest rate

Prime Rate. The rate of interest per annum publicly announced from time to time by Citibank N.A., or, if not available, another major money center bank in New York City selected by ORIX in its good faith business judgment, as its prime rate in effect (said prime rate not being intended to be the lowest rate of interest charged by the referenced bank in connection with extensions of credit), or if such rate is not available, by a reasonable alternative means of determining the rate of interest selected by... ORIX in its good faith business judgment. View More

Prime Rate. Is Bank's most recently announced "prime rate," even if it is not Bank's lowest rate.

Prime Rate. Means the variable per annum rate of interest so designated from time to time by the Bank as its prime rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.

Prime Rate. Means the Bloomberg Prime Rate Composite ("Prime Rate by Country US—BB Comp").

Prime Rate. Means the rate of interest last quoted by The Wall Street Journal as the "Prime Rate" in the U.S. or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the "bank prime loan" rate or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal... Reserve Board (as determined by the Administrative Agent). View More

Prime Rate. Means at any time the rate of interest most recently announced by Wells Fargo at its principal office as its Prime Rate, with the understanding that the Prime Rate is one of Wells Fargo's base rates, and serves as the basis upon which effective rates of interest are calculated for those loans making reference to it, and is evidenced by its recording in such internal publication or publications as Wells Fargo may designate. Each change in the rate of interest shall become effective on the date... each Prime Rate change is announced by Wells Fargo. View More

Prime Rate. The Prime Rate as used herein shall be the prime rate as published in the Wall Street Journal as the Prime Rate (base rate on corporate loans posted by at least 75% of the nation's 30 largest banks)