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Base Rate
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Base Rate
. The greater of (a) the fluctuating
annual rate of interest
announced
from time to time
by the Agent
at the Agent’s
Head Office
as its “
prime rate
”, (b) one
half
of one
percent
(0.5%) above the
Federal Funds Effective Rate
, and (c)
LIBOR
for an Interest
Period of
one (1)
month
plus
one percent (1.0%).
The Base Rate
is a
reference rate
used
by the lender
acting as Agent
in
determining
interest rates
on certain
loans and
is not
intended
to be the
lowest
rate of
interest charged
by the lender acting as the Agent or any
other lender
on
any extension of credit
to any
debtor
.
Any change
in
the rate
of
interest payable
hereunder
resulting from
a change in
the Base Rate shall become effective as of 12:01 a.m. on the
Business Day
on which such change in the Base Rate becomes effective, without
notice or demand
of any
kind
.
Sample 1
Sample 2
Sample 3
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Base Rate
. The
higher
of (a) the
annual rate of interest
announced
from time to time
by
BKB
at its
head office
in
Boston
,
Massachusetts
, as its "base rate" and (b) one-
half
of one
percent
(1/2%) above the
Federal Funds Effective Rate
.
For the purposes of
this
definition
, "Federal Funds Effective Rate" shall
mean
for any day, the
rate per annum
equal to
the
weighted average
of
the rates
on
overnight
federal funds transactions with
members of the
Federal Reserve System
arranged by federal funds
brokers
, as
published
for such day (or, if such day is
not a Business Day
, for the next
preceding
Business Day) by the
Federal Reserve Bank of New York
, or, if such rate is not so published for any day that is a Business Day,
the average
of the
quotations
for such day on such transactions received by the
Agent from
three funds
brokers of
recognized
standing
selected
by the Agent.
Sample 1
Sample 2
Sample 3
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Base Rate
. For any day a fluctuating
rate per annum
equal to
the
higher
of (a) the
Federal Funds Rate
plus
1% and (b) the
rate of interest
in effect
for such day as
publicly announced
from time to time
by
Bank of America
, N.A. as its "
prime rate
." The "prime rate" is a rate
set
by Bank of America
based
upon various factors
including
Bank of America's
costs and
desired
return
,
general economic conditions
and
other factors
, and is used as a
reference point
for
pricing
some loans, which may be
priced
at, above, or below such
announced rate
. Any
change in
such rate announced by Bank of America shall
take effect
at the opening
of business
on the day
specified in the
public announcement
of such change.
Base Rate Loans
. Loans
bearing
interest at a rate
determined
on the
basis of
the Base Rate
.
Sample 1
Sample 2
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Base Rate
. The greater of (a) the
annual rate of interest
announced
from time to time
by
BankBoston
at its
head office
in Boston,
Massachusetts
as its "base rate" or (b) one-
half
of one
percent
(0.5%) above the
Federal Funds Effective Rate
(
rounded
upwards, if
necessary
, to the next one-
eighth
of one percent).
Any change
in
the rate
of
interest payable
hereunder
resulting from
a change in
the Base Rate
shall become
effective as of the
opening
of business
on the day
on which such change in the Base Rate becomes effective.
Sample 1
Sample 2
Sample 3
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Base Rate
the
basic
customs duty
from which the
tariff elimination
program
starts
;
Sample 1
Sample 2
Sample 3
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Base Rate
. Base Rate" means a rate of interest
equal to
two
percent
(2.0%) above the "
Prime Rate of Interest
".
Sample 1
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Sample 3
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Base Rate
.
Borrower
may
prepay
principal
on any
portion
of
this Note
which bears
interest
determined
in relation to
the Base Rate
at any time
, in any amount and
without penalty
.
Sample 1
Sample 2
Sample 3
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Base Rate
. The greater of (i) the
rate of interest
announced
from
time
to --------- time
by the Bank
at its
head office
at 100 Federal
Street
,
Boston
,
Massachusetts
02110 as its Base Rate, and (ii) the
Federal Funds Effective Rate
plus
1/2 of 1%
per annum
(
rounded
upwards, if
necessary
, to the next 1/8 of 1%).
Sample 1
Sample 2
Sample 3
See All (15)
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Base Rate
. The
annual rate of interest
announced
from time to time
by Agent
at Agent's
Head Office
as its "base rate".
Any change
in
the rate
of
interest payable
hereunder
resulting from
a change in
the Base Rate
shall become
effective as of the
opening
of business
on the day
on which such change in the Base Rate becomes effective.
Sample 1
Sample 2
Sample 3
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Base Rate
. 1. For each product
the base rate
of
customs duty
, to which the
successive
reductions
set out
in
Annexes
III (
Processed Agricultural Products
), IV (
Fish and Other Marine Products
) and
VIII
(
Dismantling of Import Duties
for
Industrial Products
) are to be
applied
, shall be the most-favoured
nation
rate of duty
applied on 1
April 2007
.
Sample 1
Sample 2
Sample 3
See All (11)
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