Prime Rate
Prime Rate. Means the average prime rate of interest per annum of the largest commercial banks as published by the Wall Street Journal from time to time.
Found in
NELNET INC contract
Prime Rate. Means that rate announced by Bank from time to time as its prime rate and is one of several interest rate bases used by Bank. Bank lends at rates both above and below Bank's Prime Rate, and Company acknowledges that Bank's Prime Rate is not represented or intended to be the lowest or most favorable rate of interest offered by Bank. The rate of Bank's Prime Rate as that rate may change from time to time with changes to occur on the date Bank's Prime Rate changes.
Found in
Aaron's Inc. contract
Prime Rate. Means the prime rate as quoted in the Wall Street Journal (Eastern Edition) for the Business Day preceding the date on which such determination is made. If more than one rate is so quoted, the prime rate shall be the average of the rates so quoted.
Found in
DGI RESOLUTION INC contract
Prime Rate. Means that rate of interest announced from time to time by Union Planters Bank, N.A. (or any financial institution which may succeed to the commercial lending business of Union Planters Bank, N.A.) as its prime rate, which rate shall change on the same date as the date of each change in said Prime Rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer. Lender may make commercial loans or other loans at rates of...
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Found in
BIOANALYTICAL SYSTEMS INC contract
Prime Rate. Means that rate of interest reported daily in the Wall Street Journal as the Prime Rate. If the Lender abandons the use of the Wall Street Journal Prime Rate, or the paper ceases publishing it, the new index will be the prime commercial rate established or selected by the Lender.
Found in
SINGING MACHINE CO INC contract
Prime Rate. Means that rate of interest publicly announced, from time to time, in the Wall Street Journal.
Found in
GEO SPECIALTY CHEMICALS INC contract
Prime Rate. Shall mean 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).
Found in
AMX CORP contract
Prime Rate. Is the fluctuating rate of interest established by Bank from time to time, at its discretion, whether or not such rate shall be otherwise published. The Prime Rate is established by Bank as an index and may or may not at any time be the best or lowest rate charged by Bank on any loan.
Found in
AMERICAN RETIREMENT CORP contract
Prime Rate. Means the prime rate of interest promulgated by Citibank, N.A. and in effect as of the Date of Termination.
Found in
UNION LIGHT HEAT & POWER CO contract
Prime Rate. Shall mean the interest rate per annum as published, from time to time, in The Wall Street Journal as the "Prime Rate" in its column entitled "Money Rate". The Prime Rate may not be the lowest rate of interest charged by any "large U.S. money center commercial banks" and Landlord makes no representations or warranties to that effect. In the event The Wall Street Journal ceases publication or ceases to publish the "Prime Rate" as described above, the parties shall agree on a mutually acceptable...
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Found in
PW EAGLE INC contract