Prime Rate

Example Definitions of "Prime Rate"
Prime Rate. Shall mean that rate of interest from time to time announced by the Bank at the Head Office as its prime commercial lending rate.
Prime Rate. Means the rate of interest announced by the Bank from time to time as its prime rate for interest rate determinations. The Prime Rate may or may not be the lowest interest rate charged by the Bank.
Prime Rate. Means the rate of interest per annum designated by Agent, or its successors as its "prime rate" and as publicly announced by Agent from time to time. The rate' announced by the Agent as its prime rate may not necessarily be the lowest rate available to Agent's most creditworthy customers.
Prime Rate. Means a floating rate per annum (calculated on the basis of a 360 day year, actual days elapsed) equal to the "Prime Rate" quoted by The Wall Street Journal from time to time, or at Seller's election, the "Prime Rate" announced from time to tame by any money center bank selected by Seller from time to time.
Prime Rate. The meaning ascribed thereto in the Senior Loan Agreement.
Prime Rate. The variable rate of interest per annum, most recently announced by Bank as its "prime rate," whether or not such announced rate is the lowest rate available from Bank. The interest rate applicable to the Prime Rate Loans shall change on each date there is a change in the Prime Rate.
Prime Rate. Means the per annum rate of interest established from time to time by Bank of America, N.A. as its Prime Rate. Any change in the interest rate resulting from a change in the Prime Rate shall become effective as of 12:01 A.M. of the Business Day on which each change in the Prime Rate is announced by Bank of America, N.A.. The Prime Rate is a reference rate used by Bank of America, N.A. in determining interest rates on certain loans 4 and is not intended... to be the lowest rate of interest charged on any extension of credit to any debtor. If Bank of America, N.A. ceases to publish a Prime Rate, or if such Prime Rate for any other reason becomes unascertainable, then Bank shall select a comparable rate for purposes of the calculations required under this Loan Agreement and such comparable rate shall be deemed the "Prime Rate" for purposes of this Loan Agreement. View More Arrow
Prime Rate. The rate of interest per annum publicly announced from time to time by J.P. Morgan Chase & Co. or any successor bank thereto as its prime rate in effect at its principal office in New York City.
Prime Rate. Shall mean the prime rate of interest for commercial borrowings published from time to time by the Wall Street Journal.
Prime Rate. Means, as of any date, the prime rate as published in The Wall Street Journal for such date; provided, however, that if such rate is not published on such date, the prime rate as published in The Wall Street Journal on the first immediately preceding date.
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