Variable Rate

Variable Rate. Means, for any day, the higher of (i) Federal Funds Rate for such day plus 1/2 of 1% and (ii) the Prime Rate.

Variable Rate. Means a floating per annum rate of interest equal to the Prime Rate.

Variable Rate. Means a per annum rate equal at all times to the greater of (a) Prime Rate and (b) Adjusted Federal Funds Rate. Changes in the Variable Rate shall be effective simultaneously with any change in the Prime Rate or Federal Funds Rate, as applicable.

Variable Rate. Shall mean that variable rate of interest equal to the sum of the one-month LIBOR plus 1.75 percent (1.75%), per annum, the interest rate to be initially calculated by the Bank as of approximately 10:00 a.m. San Jose, California time on the Funding Date if the Funding Date is the first day of a month, or, if not, as of approximately 10:00 a.m. San Jose, California time on the first day of the month during which the Funding Date occurs, and with... the interest rate to thereafter fluctuate with changes in such LIBOR with such fluctuations to be effective, and the interest rate to be adjusted, on the first day of each month. View More

Variable Rate. Shall mean the Prime Rate, as in effect from time to time, plus 0.50% per annum.