Prime Rate

Prime Rate. Means the "prime rate" of interest reported from time to time by THE WALL STREET JOURNAL in its money rates column; provided, however, that in the event THE WALL STREET JOURNAL ceases reporting a "prime rate" of interest, the term "Prime Rate" shall mean the per annum rate of interest reported as the "Bank Prime Loan" rate for the most recent weekday for which such rate is reported in Statistical Release H.15 (519) published from time to time by the Board of Governors of the Federal Reserve... System; and provided further that if both of the aforesaid indices cease to be published, then such rate as shall be determined from a comparable index mutually agreed to by the Parties, acting in good faith. View More

Prime Rate. Means that floating rate of interest from time to time announced publicly by the Bank in New York, New York as its prime rate. The Prime Rate shall be automatically adjusted on the date of any change thereto.

Prime Rate. Means, for any day, a fluctuating rate of interest per annum equal to the sum of (x) the prime rate of interest announced by Citibank N.A. from time to time, changing when and as said prime rate changes, plus (y) 2.0% per annum.

Prime Rate. Means the rate which Lender publicly announces from time to time as Lender's "Prime Rate." The Prime Rate shall be adjusted from time to time when and as Lender's Prime Rate shall change. Lender's Prime Rate is determined from time to time by Lender as a means of pricing some loans to its customers and is neither tied to any external rate of interest or index, nor does it necessarily reflect the lowest rate of interest actually charged by Lender to any customer class or category of its... customers. Lender may make commercial or other loans at rates of interest at, above or below Lender's Prime Rate. Any change resulting from a change in Lender's Prime Rate shall become effective as of the date on which Lender makes a change in Lender's Prime Rate. View More

Prime Rate. The fluctuating per annum rate of interest (expressed as a percentage) designated as the "Prime Rate" in the "Money Rates" section as published in the most recent issue of The Wall Street Journal. If more than one Prime Rate is designated in The Wall Street Journal, then the Index Rate will be the highest rate so determined. The Prime Rate as of September 17, 2001 is _.__%.

Prime Rate. Shall mean the Wall Street Journal's publicly announced prime rate (which is not intended to be Lender's lowest or most favorable rate in effect at any time) in effect from time to time.

Prime Rate. Shall mean the sum of (a) the rate established from time to time by Bank as its prime rate of interest (which may not be the lowest, best or most favorable rate of interest which Bank may charge on loans to its customers), plus (b) a specified percentage (the "Base Rate Margin") based on the ratio of Borrower's total Funded Indebtedness (as defined in the Loan Agreement) to EBITDA (as defined in the Loan Agreement), determined as follows: ... Page 3 Ratio of Funded Indebtedness to EBITDA Base Rate Margin --------------------------------------------------- * 1.00 0.00% ** 1.00, * 2.00 0.50% ** 2.00 1.00% View More

Prime Rate. For any particular month means the highest per annum interest rate most recently announced as the "prime rate" in the "Money Rates" section of the Wall Street Journal — Central Edition, or successor edition, from time to time, in effect on the 25th day of the previous calendar month (if it is a Business Day, if not the next Business Day), which rate shall apply throughout the applicable calendar month. For example, if on July 25th (assuming it is a Business Day), the PRIME Rate is 3%, 3% will... be used as the PRIME Rate for the entire month of August. View More

Prime Rate. Means the highest prime rate of U.S. money center commercial banks as published in the Wall Street Journal.

Prime Rate. Is Bank's most recently announced "prime rate," even if it is not Bank's lowest rate. Notwithstanding the foregoing, for purposes of this Agreement, the Prime Rate shall not be less than 4.25%.