Adjusted Base Rate definition

Adjusted Base Rate means the Base Rate plus the Applicable Percentage.
Adjusted Base Rate means, at any time with respect to any Base Rate Loan, a rate per annum equal to the Base Rate as in effect at such time plus the Applicable Percentage for Base Rate Loans as in effect at such time.
Adjusted Base Rate means, for any day, the fluctuating rate per annum of interest equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Rate in effect on such day plus one half of 1.00%, and (c) a rate determined by the Administrative Agent to be the Daily One-Month LIBOR plus 1.00%. Any change in the Adjusted Base Rate due to a change in the Prime Rate, Daily One-Month LIBOR or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate, Daily One-Month LIBOR or the Federal Funds Rate.

Examples of Adjusted Base Rate in a sentence

  • Facility Rates are calculated based on the contract terms, using 100% of National Average Length of Stay multiplied by DHS' SFY 2023- 24 Wage Adjusted Base Rate in accordance with DHCS published Medi-Cal DRG pricing calculator.

  • We have a choice of borrowing at an Adjusted Base Rate or in Eurodollars.

  • Adjusted Base Rate loans bear interest at the Adjusted Base Rate plus an applicable margin between 0.75% and 1.75%, and Eurodollar loans bear interest at the adjusted London Interbank Offered Rate (“LIBOR”) plus an applicable margin between 1.75% and 2.75%.

  • Any reduction in the Adjusted Base Rate, the Adjusted Eurodollar Rate or the Tranche A Commitment Fee Rate (in this section collectively called the "Rates") as a result of a change in the Debt to Capitalization Ratio shall be requested by Borrower in a certificate delivered to Agent in which Borrower certifies as to the Debt to Capitalization Ratio in effect on the date thereof.

  • Each Base Rate Loan shall bear interest on each day outstanding at the Adjusted Base Rate in effect on such day.


More Definitions of Adjusted Base Rate

Adjusted Base Rate means the Base Rate plus the Applicable Percentage for Base Rate Loans.
Adjusted Base Rate means, for any day, the fluctuating rate per annum of interest equal to the greater of (a) the Base Rate in effect on such day and (b) the Federal Funds Rate in effect on such day plus 1.00%.
Adjusted Base Rate means, on any day, the Base Rate for such day plus the Base Rate Margin for such day, provided that the Adjusted Base Rate charged by any Person shall never exceed the Highest Lawful Rate.
Adjusted Base Rate means, for any day, the fluctuating rate per annum of interest equal to the greater of (a) the Prime Rate in effect on such day, and (b) the Federal Funds Rate in effect on such day plus 0.5 of 1% (one-half of one percent), and
Adjusted Base Rate means the Base Rate plus the Applicable ------------------ ---- Percentage.
Adjusted Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day, and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Adjusted Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.