Common use of Prime Rate Clause in Contracts

Prime Rate. The term "Prime Rate" means the per annum rate of interest so designated from time to time by Lender as its prime rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.

Prime Rate. The term "“Prime Rate" ” means the greater of (i) a variable per annum rate of interest so designated from time to time by Lender KeyBank, National Association (or any successor thereto), as its prime rate, or (ii) the Federal Funds Rate plus 0.50% per annum. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.

Prime Rate. The term "Prime Rate" means the variable per annum rate of interest so designated from time to time by Lender Fleet as its prime ratePrime Rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.

Prime Rate. The term words "Prime Rate" means mean the per annum rate of interest so designated which Lender from time to time by Lender establishes as its prime raterate and is not, for example, the lowest rate of interest which Lender collects from any borrower or class of borrowers. The When the Prime Rate is a reference applicable under Section 4(a) or 13. the interest rate and does not necessarily represent hereunder shall be adjusted without notice effective on the lowest or best day the Prime Rate changes, but in no event shall the rate being charged to any customerof interest be higher than allowed by law.

Prime Rate. The term "“Prime Rate" ” means the variable per annum rate of interest so designated from time to time by Lender Bank as its prime raterate plus the Applicable Margin. The Prime Rate Bank’s prime rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Changes in the Prime Rate resulting from changes in the Bank’s prime rate shall take place immediately without notice or demand of any kind.”

Prime Rate. The term "Prime Rate" means the per annum rate of interest so designated from time to time by Lender Fleet National Bank, or its successors, as its prime rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.

Prime Rate. The term "“Prime Rate" ” means the variable per annum rate of interest so designated from time to time by Lender Bank as its prime rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Changes in the rate of interest resulting from changes in the Prime Rate shall take place immediately without notice or demand of any kind.

Prime Rate. The term "Prime Rate" means the per annum variable rate of interest so designated from time to time interest, ---------- per annum, most recently announced by Lender Bank at its headquarters office in San Francisco, California as its "prime rate. The Prime Rate ", with the understanding the Bank's "prime rate" is only one of Bank's base rates and serves as a basis upon which effective rates of interest are calculated for loans making reference rate thereto and does may not necessarily represent be the lowest or best rate being charged to any customerof Bank's base rates.

Prime Rate. The term "“Prime Rate" ” means the per annum rate of interest so designated from time to time by Lender as its prime rate. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer.