Examples of Corporate Base Rate in a sentence

In the event that there is a successor to the Agent by merger, or the Agent assigns its duties and obligations to an Affiliate pursuant to this Section 10.12, then the term "Corporate Base Rate" as used in this Agreement shall mean the prime rate, base rate or other analogous rate of the new Agent.
Changes in the rate of interest on that portion of any Advance maintained as a CBR Advance will take effect simultaneously with each change in the Corporate Base Rate.
The foregoing shall not delay or otherwise affect the Borrower’s obligation to pay interest at the Corporate Base Rate as provided in this paragraph.
Any publication issued or published by First from time to time or a certificate signed by an officer of First stating its Corporate Base Rate as of a date shall be conclusive evidence of the Corporate Base Rate on that date.
Chief Financial Officer Ran Furman stated, "We have come to an agreement that management believes is favorable to the Company.

More Definitions of Corporate Base Rate

Corporate Base Rate means a rate per annum equal to the corporate base rate of interest announced by First Chicago from time to time, changing when and as said corporate base rate changes. The Corporate Base Rate is a reference rate and does not necessarily represent the lowest or best rate of interest actually charged to any customer. First Chicago may make commercial loans or other loans at rates of interest at, above or below the Corporate Base Rate.

Corporate Base Rate means the corporate base rate of interest announced by First Chicago from time to time, changing when and as said corporate base rate changes.

Corporate Base Rate means a rate per annum equal to the corporate base rate of interest publicly announced by First Chicago from time to time, changing when and as said corporate base rate changes. The Corporate Base Rate is a reference rate and does not necessarily represent the lowest or best rate of interest actually charged to any customer. First Chicago may make commercial loans or other loans at rates of interest at, above or below the Corporate Base Rate.

Corporate Base Rate means a fluctuating rate of interest per annum as shall be in effect from time-to-time equal to the corporate base rate of interest publicly announced by Bank One from time to time as its corporate base rate, whether or not the Borrowers have notice thereof, when and as said corporate base rate changes.

Corporate Base Rate means, for any day a fluctuating rate per annum equal to the higher of (a) the Federal Funds Rate for such day, plus 0.50% and (b) the rate of interest in effect for such day as publicly announced from time to time by the Agent as its “prime rate”. The “prime rate” is a rate set by the Agent based upon various factors including the Agent’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in the prime rate announced by the Agent shall take effect at the opening of business on the day specified in the public announcement of such change.

Corporate Base Rate means for any day, the higher of (i) the prime rate per annum announced from time to time by the Agent in effect on such day or (ii) the Federal Funds Rate plus one-half of one percent (0.50%). (The Corporate Base Rate is not intended to represent the lowest rate charged by any Lender for extensions of credit.)

Corporate Base Rate means a rate per annum equal to the corporate base rate or prime rate of interest announced by Bank One or its parent from time to time, changing when and as said corporate base rate or prime rate changes.