Prime Rate
Prime Rate. At any time, the rate of interest adopted by Bank of America National Trust and Savings Association or any successor thereto, as its reference rate for the determination of interest rates for loans of varying maturities in United States dollars to United States residents of varying degrees of creditworthiness and being quoted at such time by such bank as its "prime rate."
Found in
LIBERTY DIGITAL INC contract
Prime Rate. Means (i) the rate of interest announced from time to time by Agent as its prime rate at its Head Office, whether or not Agent shall at times lend to other borrowers at lower rates of interest, or, if there is no such prime rate, then such other rate as may be substituted by Agent for its Prime Rate plus (ii) the Applicable Margin.
Found in
ROMACORP INC contract
Prime Rate. The rate per annum publicly announced by JP Morgan Chase, N.A. (and in the absence of such a rate announced by JP Morgan Chase, N.A., that announced by CitiBank, N.A.) at its principal office in New York City as its "Prime Rate" for lending to substantial commercial borrowers in the United States, which rate shall change when and as such announced "Prime Rate" shall change.
Found in
DUNE ENERGY INC contract
Prime Rate. Means, at any given time, the prime rate as quoted in The Wall Street Journal as the base rate on corporate loans posted as of such time by at least seventy-five percent (75%) of the nation's 30 largest banks (which rate is not necessarily the lowest rate offered by such banks). -2-
Found in
MARINE GROWTH VENTURES INC contract
Prime Rate. Means a base rate of interest which Lender establishes from time to time and which serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto. Any change in the Note Rate, as hereinafter defined, due to a change in the Prime Rate shall become effective on the day each such change is announced within Lender.
Prime Rate. Means an annual rate of interest equal to the prime rate published in The Wall Street Journal on the first day of each calendar quarter. In the event the prime rate is no longer published in The Wall Street Journal (or in any substitute source as provided for herein), the Compensation Committee shall select another published standard by which to determine the prime rate then quoted by the principal banks in the United States and the Committee's determination in good faith of such rate shall be...
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WAUSAU PAPER CORP. contract
Prime Rate. Means the rate which Fleet National Bank publicly announces from time to time as its Prime Rate. The Prime Rate shall be adjusted from time to time when and as the Prime Rate shall change. The Prime Rate is determined from time to time by Fleet National Bank 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 Fleet National Bank to any customer class or...
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Prime Rate. Shall mean the rate of interest published from time to ---------- time in the "Money Rates" column of The Wall Street Journal (Central Edition) as ------------------------ the "prime rate" or, if such rate ceases to be so published, then such other rate as may be substituted by Provident as the prime rate, which may be the rate of interest announced by Provident from time to time as its prime rate. The Prime Rate shall change on each date the prime...
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Found in
HOMEGOLD FINANCIAL INC contract
Prime Rate. Is the higher of (a) Bank's most recently announced "prime rate," even if it is not Bank's lowest rate, or (b) 4.25%.
Found in
Precipio, Inc. contract
Prime Rate. Means, for any day, the rate of interest per annum quoted by the Wall Street Journal on that date as the prime rate in effect; each change in the Prime Rate shall be effective from and including the date such change is quoted by the Wall Street Journal as being effective.
All Definitions
Found in
SWK Holdings Corp contract