Interest Rate and Payments of Interest. (A) Interest on the principal balance of the Loan, from time to time outstanding, will be payable at the rate of the Nazareth National Bank and Trust Company's (or its successor, the "Bank") Prime Rate and shall be paid as provided herein.
Appears in 4 contracts
Samples: Esop Loan Agreement (First Colonial Group Inc), Esop Loan Agreement (First Colonial Group Inc), Esop Loan Agreement (First Colonial Group Inc)