Prime definition

Prime. As of any date of determination, the annual interest rate, adjusted daily, published from time to time in The Wall Street Journal (Western Edition) as the “PRIME RATE” in the “MONEY RATES” section.
Prime contractor means that the Contractor has privity-of-contract with the Government for all contractual obligations under a mutually binding legal relationship with the Government. In other words, when the Government awards a contract to a contractor, the Contractor is considered the “Prime” contractor.
Prime. Prime/BDR Acquisition, L.L.C. By: /s/ Cheryl Williams Cheryl Williams, Vice Presidexx STOCK PURCHASE AGREEMENT This Stock Purchase Agreement (this "Agreement") is entered into to be effective as of September 1, 1999 (the "Effective Time"), among PrimeSight, L.L.C., a Delaware limited liability company ("Prime"), Horizon Vision Center, Inc., a Nevada corporation (the "Company") and Frank T. Moormand and Luthera X. Xxxxxxx, xxxividuxxx xxxxxxxx xx Xacramento, California, shareholders of the Company (collectively and individually referred to as "Seller"). The parties hereto agree as follows:

Examples of Prime in a sentence

  • If Prime changes, your new rate will take effect on the first day of February, May, August and November.

  • The Contractor’s Limitations on Subcontracting performance will be monitored in accordance with the following criteria for each type of set-aside: Total Small Business Set-Aside: In performance of all task orders combined as a Total Small Business Set-Aside, at least 50% of the cumulative average of all task order performance incurred for personnel shall be expended by the OASIS SB Prime Contractor.

  • Response: Fill out form B as is, the information required of the Project Engineer is needed for evaluation whether they are part of the Prime Consultant or Sub-Consultant.

  • The Contractor’s Limitations on Subcontracting Reporting Data will be monitored in accordance with the following criteria for each type of set-aside: Total Small Business Set-Aside: In performance of all task orders combined as a Total Small Business Set-Aside, at least 50% of the cumulative average of all task order performance incurred for personnel shall be expended by the OASIS SB Prime Contractor.

  • All payments due by the Purchaser to the Seller in terms of this clause 3, not made on the due date, shall bear interest at Prime Rate.


More Definitions of Prime

Prime the rate quoted from time to time as its "Prime Rate" for commercial loans in the City in Canada where the Licensor's head office is situated, by the bank indicated on the Information Page, as the "Prime Rate Reference Bank".
Prime means the rate of interest from time to time declared by the Canadian Imperial Bank of Commerce (or its successor, in the event of a merger or amalgamation) as its prime rate for Canadian dollar commercial loans in Canada;
Prime means the greatest of such rates.
Prime. ’ for a Month means the average (rounded to the nearest one-thousandth (1/1000) of one percent (0.001%)) of the Prime Rate in effect on each day of such Month.
Prime means the published per annum prime lending rate on loans denominated in Canadian Dollars made in Canada charged by the principal banker of BC Hydro as at the date the interest is calculated in accordance with section 2.5;
Prime when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Prime Rate.
Prime means the per annum rate of interest publicly announced by JPMorgan Chase Bank NA (or its successor), from time to time, as its “prime” or “base” or “reference” rate of interest.