Prime Rate Option. If Borrower selects the Prime Rate pricing option, Borrower shall repay the amount of principal drawn in forty-seven (47) equal monthly payments of principal plus accrued interest and one final payment of all outstanding principal and accrued interest.
Prime Rate Option. A fluctuating interest rate per annum equal to the Prime Rate in effect from time to time, such interest rate to change at the opening of business on the day specified in the public announcement of a change in the Prime Rate.
Prime Rate Option. Unless the Borrower chooses the LIBOR Rate Option as defined below, the principal balance outstanding under this Revolving Note will bear interest (computed on the basis of a 360-day year, actual days elapsed) at an annual rate equal to the Prime Rate in effect from time to time (the "Prime Rate Option"). The "Prime Rate" is a base rate that the Bank from time to time establishes and which serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto. Each change in the rate of interest hereunder shall become effective on the date each Prime Rate change is announced within the Bank.
Prime Rate Option. Unless the Borrower chooses the LIBOR Interest Rate Option as defined below, the principal balance outstanding under this Revolving Note shall bear interest at an annual rate equal to the Prime Rate, less 1.0% floating (the "Prime Rate Option"). "Prime Rate" is a base rate that the Bank from time to time establishes and which serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto.
Prime Rate Option. 35 Prime Single-family Mortgage Loan................................................................................22
Prime Rate Option. A rate of interest established by IDB as its prime rate of interest, as determined by IDB from time to time (the “Prime Rate”), plus a margin of 100 basis points. Any change in the Prime Rate shall take effect on the date of the change in the Prime Rate; or (ii)
Prime Rate Option. Except as CGI may elect from time to time in accordance with Section 5.2 hereof, Advances shall bear and CGI agrees to pay interest equal to the Prime Rate. Prime Rate shall mean for any day, the rate defined as the "prime rate" as published from time to time in the Eastern Edition of The Wall Street Journal as the average prime lending rate for seventy-five percent (75%) of the United States' thirty (30) largest commercial banks, or if The Wall Street Journal shall cease publishing the "prime rate" on a regular basis, such other regularly published average prime rate application to such commercial banks as is acceptable to CGI in its reasonable discretion.
Prime Rate Option. A rate of interest per annum (computed on the basis of a year of 360 days and the actual number of days elapsed) (i) at all times prior to the USFM Date (as defined below) equal to the rate of interest publicly announced by the Bank as its prime rate (the "Prime Rate") and (ii) at all times from and after the USFM Date through the Expiration Date, the Prime Rate minus one quarter of one percent (1/4 %). If and when the Prime Rate changes, the rate of interest on advances bearing interest under the Prime Rate Option will change automatically without notice to the Borrowers, effective on the date of any such change. For purposes of this Note, the USFM Date is the last day of the second of two consecutive fiscal quarters of U.S. Facilities Management Company, Inc. ("USFM") during both of which USFM has had net income determined in accordance with generally accepted accounting principles equal to or greater than zero (0).
Prime Rate Option. (i) All or a portion of the unpaid principal balance of cash Advances under the Revolving Credit, unless subject to the LIBOR Rate Option, shall bear interest, subject to the terms hereof, and
Prime Rate Option. Interest on the principal amount of all Loans at any time subject to the interest rate option provided for pursuant to this Section 4.01(c) (the "Prime Rate Option") shall be at rates determined by adding the Prime Rate in effect from time to time and the applicable Indicated Spread for the Prime Rate Option set forth in Section 4.01(d) below. The interest rate in effect under the Prime Rate Option shall change automatically and immediately with each change in the Prime Rate. The Prime Rate Option shall be in effect for all portions of the principal of the Loans for which the LIBOR Rate Option is not in effect at any time.
