Prime Clause Samples

The "Prime" clause designates the main contractor or party responsible for fulfilling the primary obligations under an agreement, often in the context of construction or service contracts. This clause clarifies that the named party is the principal entity accountable for the overall delivery of the project, including managing subcontractors and ensuring compliance with contract terms. By clearly identifying the prime party, the clause helps allocate responsibility and streamlines communication, reducing confusion about who holds ultimate accountability for performance and contractual obligations.
POPULAR SAMPLE Copied 1 times
Prime. Heloc 2nd 5YR/10YR 3MO/1MO IO 1.25 NY 0 PRIME Heloc 2nd 5YR/10YR IO 0.75 CA 0 PRIME Heloc 2nd 5YR/10YR 1MO/1MO IO 1 MA 565.48 PRIME Heloc 2nd 5YR/10YR IO 2.5 CA 291.1 PRIME Heloc 2nd 5YR/10YR 3MO/1MO IO 0.5 CA 460.79 PRIME Heloc 2nd 5YR/10YR IO 1.5 VA 0 PRIME Heloc 2nd 5YR/10YR 3MO/1MO IO 2.25 WA 251.51 PRIME Heloc 2nd 15YR/10YR 3MO/1MO IO 0.25 AZ 79.49 PRIME Heloc 2nd 15YR/10YR 3MO/1MO IO 2.75 CA 628.77 PRIME Heloc 2nd 5YR/10YR 3MO/1MO IO 1.25 CA 225.73 PRIME Heloc 2nd 5YR/10YR 1MO/1MO IO 3.25 CA 419.18 PRIME Heloc 2nd 5YR/10YR 1MO/1MO IO 2.5 VA 224.26 PRIME Heloc 2nd 5YR/10YR IO 3.5 NV 0 PRIME Heloc 2nd 5YR/10YR IO 2 ID 136.96 PRIME Heloc 2nd 5YR/10YR IO 3.25 CA 320.67 PRIME Heloc 2nd 15YR/10YR 1MO/1MO IO 2.25 NV 0 PRIME Heloc 2nd 5YR/10YR 3MO/1MO IO 2.75 CA 0 PRIME Heloc 2nd 5YR/10YR 3MO/1MO IO 1.5 NY 0 PRIME Heloc 2nd 5YR/10YR IO 3 CA 291.1
Prime. 1301 Capital of Texas Highway ▇▇▇▇▇ ▇-▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: President with a copy to: Mr. Timothy L. LaFrey Akin, Gump, Strauss, Hauer & Feld, L.L.P. 816 Congress Avenue, Suite 19▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇: Horizon Vision Centers, Inc. 14895 East 14th Street, Suite ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇: Wayne L. Marsh and Barbara K. ▇▇▇▇▇▇ 2840 Echo Way ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇nge its address for purposes of this Section by proper notice to the other parties.
Prime. RATE IS THE LENDER'S BASE LENDING RATE AS ANNOUNCED BY THE LENDER FROM TIME TO TIME AT ITS SOLE DISCRETION. AT ANY GIVEN TIME, THE LENDER MAY MAKE LOANS, AT, ABOVE, OR BELOW ITS PRIME RATE. Lender will tell Borrower the current Index rate upon Borrower's request. Borrower understands that Lender may make loans based on other rates as well. The interest rate change will not occur more often than each DAY. THE INDEX CURRENTLY IS 8.750% PER ANNUM. THE INTEREST RATE TO BE APPLIED TO THE UNPAID PRINCIPAL BALANCE OF THIS AGREEMENT WILL BE AT A RATE OF 2.500 PERCENTAGE POINTS OVER THE INDEX, RESULTING IN AN INITIAL RATE OF 11.250% PER ANNUM. NOTICE: Under no circumstances will the interest rate on this Agreement be more than the maximum rate allowed by applicable law.
Prime. Landlord warrants and represents as follows: a. that it is the owner of the Property; b. that the Prime Lease is unmodified and is in full force and effect; and c. that the term of the Prime Lease expires on _________________ and that Landlord is not in default under the Prime Lease nor has any event occurred which would after notice to Landlord and the passage of time become a default of Landlord under the Prime Lease.
Prime based Advance in Absence of Election or Upon Default. If, as to any outstanding Eurocurrency-based Advance, Agent has not received payment on the last day of the Interest Period applicable thereto, or does not receive a timely Request for Revolving Credit Advance meeting the requirements of Section 2.3 hereof with respect to the refunding or conversion of such Advance, or, subject to Section 5.6 hereof, if on such day a Default or Event of Default shall exist, the principal amount thereof which is not then prepaid shall be converted automatically to a Prime-based Advance and the Agent shall thereafter promptly notify Company of said action.
Prime. “Prime” means the rate of interest announced by U. S. Bank, National Association, Milwaukee, Wisconsin, from time to time as its prime or base lending rate.
Prime. Prime Medical Services, Inc. a publicly held Delaware corporation and parent of the General Partner and the Sales Agent. Prime Rate. The rate of interest periodically established by the Bank and identified as such in literature published and circulated within the Bank's offices. Pro Rata Basis. In connection with an allocation or distribution, an allocation or distribution in proportion to the respective Percentage Interest of the class of Partners to which reference is made.
Prime. U.S.SMALL BUSINESS ADMINISTRATION/BALTIMORE DISTRICT -------------------------------------- 10 S. ▇▇▇▇▇▇ ▇▇▇▇▇▇, CITY CRESCENT BLDG., 6TH FL. 9B. DATED (SEE ITEM 11) BALT▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇CONTRACTOR: TELECOMMUNICATION SYSTEMS, INC. ------------------------------------------- 275 ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇. ▇▇DIFICATION OF CONTRACT/ORDER ANNA▇▇▇▇▇, ▇▇ ▇▇▇▇▇ NO. GS03K-96-DSD1003 X SBA #0373-95-1-00179 -------------------------------------- 10B. DATED (SEE ITEM 13) ----------------------------------------------------------------------------------------- CODE FACILITY CODE 12/18/95 ------------------------------------------------------------------------------------------------------------------------------------ 11. THIS ITEM ONLY APPLIES TO AMENDMENTS OF SOLICITATIONS ------------------------------------------------------------------------------------------------------------------------------------ [ ] The above numbered solicitation is amended as set forth in Item 14. The hour and date specified for receipt of Offers [ ] is extended. [ ] is not extended. Offers must acknowledge receipt of this amendment prior to the hour and date specified in the solicitation or as amended, by one of the following methods:
Prime. 1301 Capital of Texas Highway ▇▇▇▇▇ ▇-▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: President with a copy to: Mr. Timothy L. LaFrey Akin, Gump, Strauss, Hauer & Feld, L.L.P. 816 Congress Avenue, Suite 19▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇: Horizon Vision Centers, Inc. 14895 East 14th Street, Suite ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇: Scott B. Lee 26090 Country Road 34 ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ party may change its address for purposes of this Section by proper notice to the other parties.
Prime. SUB 1 The Parties will establish in a Delivery Order the specific Consultant Personnel, if any, that will be billed at the Home Office Overhead Rate; otherwise, Consultant Personnel providing Services under a Delivery Order will be deemed to be billed at the Field Office Overhead Rate. These Overhead Rates will be subject to upward and/or downward adjustment annually based upon the then-current audited rates of Consultant and/or its Subconsultants/Subcontractors.