Common use of Base Rate Clause in Contracts

Base Rate. The greater of (a) the 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 half of one percent (0.5%) above the Federal Funds Effective 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 fluctuating variable 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 RateRate (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 greatest of (a) the 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 half of one percent (0.5%) above the Federal Funds Effective Rate, or (c) LIBOR for an Interest Period of one (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 higher of (a) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office its head office as its “prime "base rate” ", or (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent (rounded upwards, if necessary, to the lowest or best rate being charged to any customernext one-eighth of one percent). 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 LOANS. Those Loans bearing interest calculated by reference to the Base Rate.

Base Rate. The greater greatest of (a) the 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 half of one percent (0.5%) above the Federal Funds Effective Rate, or (c) LIBOR for an Interest Period of one (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 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 half of one percent (0.5%) above the Federal Funds Effective Rate, and (c) one percent (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 fluctuating annual variable per annum 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 RateRate (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 higher of (a) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s 's Head Office as its “prime "base rate” or ", and (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent (rounded upwards, if necessary, to the lowest or best rate being charged to any customernext one-eighth of one percent). 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 Loans. Those Loans bearing interest calculated by reference to the Base Rate.

Base Rate. The As at any applicable date of determination, the greater of (ai) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office as its “prime rate” or and (bii) one half of one percent (0.50.50%) above plus the Federal Funds Effective 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 fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s 's Head Office as its “prime "base rate” " or (b) one one-half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent (rounded upwards, if necessary, to the lowest or best rate being charged to any customernext one-eighth of one percent). 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 fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office as its “prime rate” or and (b) one half of one percent (0.5%) above the Federal Funds Effective 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.

Base Rate. The greater of (a) the fluctuating annual variable per annum 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. 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 fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office as its “prime rate” or ”, and (b) one half of one percent (0.50.50%) above the Federal Funds Effective 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 higher of (a) the fluctuating annual rate of interest announced from time to time by the Administrative Agent at the Agent’s Head Office as its “"prime rate” or (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is ", such rate being a reference rate and does not necessarily represent representing the lowest or best rate being charged to any customer, and (b) one-half of one percent (1/2%) above the Federal Funds Effective Rate. 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 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 half of one percent (0.5%) above the Federal Funds Effective Rate, or (c) one and one-half 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 of (a) the 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 half of one percent (0.5%) above the Federal Funds Effective RateRate (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 of (a) the 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 half of one percent (0.5%) above the Federal Funds Effective 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 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 half of one percent (0.5%) above the Federal Funds Effective Rate, or (c) 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 higher of (a) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s 's Head Office as its “prime "base rate” or ", and (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent (rounded upwards, if necessary, to the lowest or best rate being charged to any customernext one-eighth of one percent). 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.