Base Rate. The greater of (i) the rate of interest announced from time to time by the Bank at its head office 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%).
Appears in 3 contracts
Samples: Loan and Security Agreement (Object Design Inc), Revolving Credit Agreement (First Empire State Corp), Credit and Security Agreement (Dewolfe Companies Inc)
Base Rate. The greater of (i) the rate of interest announced from time to --------- time by the Bank at its head office at 000 Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 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%).
Appears in 3 contracts
Samples: Credit Agreement (Excel Switching Corp), Credit Agreement (Excel Inc), Credit Agreement (Excel Switching Corp)
Base Rate. The greater higher of (ia) the annual rate of interest announced from time to time by BankBoston at the Bank at its head office Agent's Head Office as its Base Rate"base rate", and (iib) one half of one percent (1/2%) above the overnight federal funds effective rate as published by the Board of Governors of the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwardsReserve System, if necessary, as in effect from time to the next 1/8 of 1%)time.
Appears in 3 contracts
Samples: Term Loan Agreement (Liberty Property Limited Partnership), Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Base Rate. The greater of (ia) the rate of interest announced from time to time by the Bank Agent at its head office as its Base Rate, and (iib) the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwards, if necessary, to the next 1/8 l/8 of 1%l%).
Appears in 2 contracts
Samples: Credit Agreement (Brookstone Inc), Credit Agreement (Brookstone Inc)
Base Rate. The greater of (ia) the rate of interest publicly announced from time to time by the Bank Administrative Agent at its head office as its Base Rate, and (iib) the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwards, if necessary, to the next 1/8 1/16 of 1%).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Barnes & Noble Inc), Revolving Credit and Term Loan Agreement (Barnes & Noble Inc)
Base Rate. The greater of (i) the rate of interest announced from time to time by the The First National Bank of Boston at its head office as its Base Rate, and or (ii) the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwards, if necessary, to the next 1/8 higher 1/16 of 1%).
Appears in 1 contract
Samples: Agreement (Ust Inc)
Base Rate. The greater of (i) the rate of interest announced from time to time by the Bank at its head office as at 100 Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx xx 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%).
Appears in 1 contract
Samples: Line Agreement (Watson General Corp)
Base Rate. The greater of (i) the rate of interest announced from time to time by the Bank Agent at its head office as its Base Rate, and (ii) the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwardsrounded, if necessary, to the next nearest 1/8 of 1%).
Appears in 1 contract
Base Rate. The greater of (ia) the rate of interest announced from time to time by the Bank at its head office Lender as its "Base Rate, " and (iib) the Federal Funds Effective Rate plus 1/2 of 1% per annum (rounded upwards, if necessary, to the next 1/8 of 1%).
Appears in 1 contract
Samples: Credit Agreement (Boston Celtics Limited Partnership)
