Common use of Changes in Prime Rate Clause in Contracts

Changes in Prime Rate. In the event the Prime Rate is changed from time to time hereafter and because of any such change the Basic Rate changes, the Basic Rate shall be increased or decreased, effective as of the day of such change in the Prime Rate.

Appears in 6 contracts

Samples: Loan and Security Agreement (Rockwell Medical, Inc.), Loan and Security Agreement (MDxHealth SA), Loan and Security Agreement (Eiger BioPharmaceuticals, Inc.)

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Changes in Prime Rate. In the event the Prime Rate is changed from time to time hereafter and because of any such change the Basic Rate changeschanges (in accordance with its definition), the Basic Rate shall be increased or decreased, effective as of the day of such change in the Prime Rate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Exagen Inc.), Loan and Security Agreement (Celcuity Inc.)

Changes in Prime Rate. In the event the Prime Rate is changed from time to time hereafter and because of any such change the Basic Rate changes, the Basic Rate shall may be increased or decreased, effective as of the day of such change in the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (CVRx, Inc.)

Changes in Prime Rate. In the event the Prime Rate is changed from time to time hereafter and because of any such change the Basic Rate changeshereafter, the Basic Rate applicable rate of interest hereunder shall be increased or decreased, effective as of the day of the Prime Rate is changed, by an amount equal to such change in the Prime Rate.. 2.6

Appears in 1 contract

Samples: Loan and Security Agreement (Conformis Inc)

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Changes in Prime Rate. In the event the Prime Rate is changed from time to time hereafter and because of any such change the Basic Rate changeshereafter, the Basic Rate applicable rate of interest hereunder shall be increased or decreased, effective as of the day of the Prime Rate is changed, by an amount equal to such change in the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Bionano Genomics, Inc)

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