Examples of Prime Floor in a sentence
Prime Floor Drains: Floor drains are to be flushed with water so as to clean out the traps and eliminate odors.
The term loan and revolving credit facility had an interest rate of Prime plus 4.5% with a 2.75% Prime Floor.
All Advances against Inventory under the Inventory Line of Credit hereunder shall bear interest, on the Daily Balance, at a per annum rnte of ----------n/a---------- percent (----------n/a----------%) in excess of(i.) the Prime Rate; or (ii.) the Prime Floor, whichever is higher.
All Advances against Accounts under the A/R Line of Credit hereunder shall bear interest, on the Daily Balance, at a per annum rate of two percent (2.00%) in excess of (i.) the Prime Rate; or (ii.) the Prime Floor, whichever is higher.
Bidder shall not attach information in lieu of completion of the application document.
All Advances against Accounts under the AIR Line of Credit hereunder shall bear interest, on the Daily Balance, at a per annum rate of one and one-quarter percent (1.25%) in excess of(i.) the Prime Rate; or (ii.) the Prime Floor, whichever is higher.
All Advances against Inventory under the Inventory Line of Credit hereunder shall bear interest, on the Daily Balance, at a per annum rate of n/a percent ( n/a %) in excess of (i.) the Prime Rate; or (ii.) the Prime Floor, whichever is higher.