Common use of Capital Interest Rate Clause in Contracts

Capital Interest Rate. “Capital Interest Rate” shall be defined as an annual rate of either two percentage points over the so-called The Wall Street Journal prime rate at the time the capital expenditure is made or, if the capital item is acquired through third-party financing, then the actual (including fluctuating) rate paid by Landlord in financing the acquisition of such capital item.

Appears in 4 contracts

Samples: Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot Inc)

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Capital Interest Rate. “Capital Interest Rate” shall be defined as an annual rate of either two percentage points over the so-called The Wall Street Journal prime rate at the time the capital expenditure is made or, if the capital item is acquired through third-party financing, then the actual (including fluctuating) rate paid by Landlord in financing the acquisition of such capital item.

Appears in 2 contracts

Samples: Lease Agreement (CarGurus, Inc.), Lease Agreement (CarGurus, Inc.)

Capital Interest Rate. “Capital Interest Rate” shall be defined as an annual rate of either two three percentage points over the so-called The Wall Street Journal prime rate at the time the capital expenditure is made or, if the capital item is acquired through third-party financing, then the actual (including fluctuating) rate paid by Landlord in financing the acquisition of such capital item.

Appears in 1 contract

Samples: Lease Agreement (Foundation Medicine, Inc.)

Capital Interest Rate. “Capital Interest Rate” shall be defined as an annual rate of either two (2) percentage points over the so-called The Wall Street Journal prime rate at the time the capital expenditure is made or, if the capital item is acquired through third-party financing, then the actual (including fluctuating) rate paid by Landlord in financing the acquisition of such capital item.

Appears in 1 contract

Samples: Lease (Learning Tree International Inc)

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Capital Interest Rate. “Capital Interest Rate” shall be defined as an annual rate of either two one percentage points point over the so-called The Wall Street Journal prime AX Xxxx rate (Standard & Poor’s corporate composite or, if unavailable, its equivalent) as reported in the financial press at the time the capital expenditure is made or, if the capital item is acquired through third-party financing, then the actual (including fluctuating) rate paid by Landlord in financing the acquisition of such capital item.

Appears in 1 contract

Samples: Lease Agreement (Enumeral Biomedical Holdings, Inc.)

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