Common use of Base Rate Clause in Contracts

Base Rate. The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" ” or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next one-eighth c) LIBOR for an Interest Period of one percent(1) month plus one percent (1%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's Head Office as its "prime rate" ", or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer, and which such rate serves as the basis upon which effective rates of interest are calculated for obligations making reference thereto. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next one-eighth c) LIBOR for an Interest Period of one percent(1) month plus one percent (1%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, and (rounded upwards, if necessary, to the next one-eighth of c) one percentpercent (1.0%). The Base Rate is a reference rate used by the lender acting as Agent in determining interest rates on certain loans and does is not necessarily represent intended to be the lowest rate of interest charged by the lender acting as the Agent or best rate being charged any other lender on any extension of credit to any customerdebtor. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business 12:01 a.m. on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's ’s Head Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's Head Office as its "“prime rate" ” or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ,” (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next one-eighth of c) one percentpercent (1%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, and (b) one-one half of one percent (0.50.50%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next c) one and one-eighth of one percenthalf percent (1.5%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater higher of (a) the variable annual rate of interest announced from time to time by the Administrative Agent at Agent's Head Office as its "prime rate" ", such rate being a reference rate and not necessarily representing the lowest or best rate being charged to any customer, and (b) one-half of one percent (0.51/2%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change Changes in the Base Rate shall become effective as of the opening of business on the day on which such change resulting from any changes in the Base Rate becomes effective, Administrative Agent's "prime rate" shall take place immediately without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's ’s Head Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The As at any applicable date of determination, the greater of (ai) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ” and (bii) one-one half of one percent (0.50.50%) above plus the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from in a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.”

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ” and (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business 12:01 a.m. on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.