Prime Rate

Example Definitions of "Prime Rate"
Prime Rate. Means an annual rate, compounding annually, equal to the prime rate, as reported in The Wall Street Journal on the date of the Change of Control, or if not reported on that date, the last preceding date on which so reported, which rate shall be adjusted on each January 1 to the prime rate then in effect and shall remain in effect for the year.
Found in INNOVATIVE INDUSTRIAL PROPERTIES INC contract
Prime Rate. Means an annual rate, compounding annually, equal to the prime rate, as reported in The Wall Street Journal on the date of the Change of Control, or if not reported on that date, the last preceding date on which so reported, which rate shall be adjusted on each January 1 to the prime rate then in effect and shall remain in effect for the year. reported (the
Found in Regency Centers Corporation contract
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Prime Rate. The U.S. prime rate as reported in the Money Rates section of The Wall Street Journal or, in the absence of such publication, the prime interest rate as published by the U.S. Federal Reserve or publicly posted by one of the 10 largest (by assets in domestic offices) U.S. commercial banks, as reasonably determined by PLC.
Found in RUSH ENTERPRISES INC contract
Prime Rate. The U.S. prime rate as reported in the Money Rates section of The Wall Street Journal or, in the absence of such publication, the prime interest rate as published by the U.S. Federal Reserve or publicly posted by one of the 10 largest (by assets in domestic offices) U.S. commercial banks, as reasonably determined by PLC. PFC. Inventory Financing and Purchase Money Security Agreement – Page 2
Found in RUSH ENTERPRISES INC contract
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Prime Rate. For any day, the rate of interest announced from time to time by Lender as its "base" or "prime" rate of interest, which Borrower hereby acknowledges and agrees may not be the lowest interest rate charged by Lender and is set by Lender in its sole discretion, changing when and as said prime rate changes. Notwithstanding anything herein to the contrary, in no event shall the Prime Rate ever be less than three and one-fourth percent (3.25%)
Found in HARTE HANKS INC contract
Prime Rate. For any day, the rate of interest announced from time to time by Lender as its "base" or "prime" rate of interest, which Borrower hereby acknowledges and agrees may not be the lowest interest rate charged by Lender and is set by Lender in its sole discretion, changing when and as said prime rate changes. Notwithstanding anything herein to the contrary, in no event shall the Prime Rate ever be less than three and one-fourth percent (3.25%) changes
Found in CRYO CELL INTERNATIONAL INC contract
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Prime Rate. The interest rate per annum announced from time to time by the Bank as its then prime rate, which rate may not be the lowest rate then being charged commercial borrowers by the Bank.
Found in ENVIRONMENTAL TECTONICS CORP contract
Prime Rate. The Shall mean the interest rate per annum announced from time to time by the Bank at its Office as its then prime rate, which rate may not be the lowest rate then being charged commercial other borrowers by the Bank.
Found in MICHAEL BAKER CORP contract
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Prime Rate. Means the "prime rate" (or "base rate") reported in the "Money Rates" column or section of the United States version of The Wall Street Journal in the last published edition.
Found in KonaTel, Inc. contract
Prime Rate. Shall mean an interest rate equal to the interest rate announced by the Federal Reserve Bank of San Francisco as its prime rate as of the date of this NOTE.
Found in Cytokinetics, Incorporated contract
Prime Rate. Means the prime rate of interest as specified in The Wall Street Journal on such date or if such date is not a Business Day, then on the next preceding day that is a Business Day.
Found in Hersha Hospitality Trust contract
Prime Rate. Means, for any day, a rate PER ANNUM that is equal to the corporate base rate of interest as stated in THE WALL STREET JOURNAL, changing when and as said corporate base rate changes.
Found in ATRIUM CORP contract
Prime Rate. Shall have the meaning set forth in the Distribution Agreement.
Found in DOVER MOTORSPORTS INC contract
Prime Rate. Means a rate per annum equal to the prime rate of interest announced from time to time by the Wall Street Journal (which is not necessarily the lowest rate charged any customer of Bank), changing when and as said prime rate changes.
Found in CAP ROCK ENERGY CORP contract
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