Common use of Determination of Prime Rate Clause in Contracts

Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the Prime Interest Determination Date shall be the Prime Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, specified on the face hereof, as determined on such Prime Interest Determination Date.

Appears in 2 contracts

Samples: Indenture (Polaroid Corp), Indenture (Polaroid Corp)

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Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the any Prime Interest Determination Date shall will be the Prime Rate on such Prime Interest Determination Date plus or minus the Spread, if any, or and/or multiplied by the Spread Multiplier, if any, specified on the face hereof, as determined on such Prime Interest Determination Date.

Appears in 1 contract

Samples: Medium Term Note (Maytag Corp)

Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the Prime any Interest Determination Date shall will be the Prime Rate on such Interest Determination Date plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, specified on the face hereof, as determined on such Prime Interest Determination Date.

Appears in 1 contract

Samples: Third Supplemental Indenture (Amerco /Nv/)

Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the Prime this Note for any Interest Determination Reset Date shall be the Prime Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, as specified on the face hereof, as determined on such Prime the applicable Interest Determination Date.

Appears in 1 contract

Samples: Medium Term Note Agreement (Delta Air Lines Inc /De/)

Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the any Prime Interest Determination Date shall will be the Prime Rate on such Prime Interest Determination Date plus or minus the Spread, if any, or and/or multiplied by the Spread Multiplier, if any, specified on the face hereof, as determined on such Prime Interest Determination Date.

Appears in 1 contract

Samples: Supplemental Indenture (MDC Holdings Inc)

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Determination of Prime Rate. If the Interest Rate Basis specified on the face hereof is the Prime Rate, the interest rate determined with respect to the Prime this Note for any Interest Determination Reset Date shall be the Prime Rate plus or minus the Spread, if any, or and/or multiplied by the Spread Multipliermultiplier, if any, as specified on the face hereof, as determined on such Prime the applicable Interest Determination Date.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (Associated Banc-Corp)

Determination of Prime Rate. If the Interest Rate Basis Index specified on the face hereof is the Prime Rate, the this Note will bear interest at a rate determined with respect to the Prime Interest Determination Date shall be calculated using the Prime Rate plus or minus (as defined below) and the Spread, if any, or multiplied by the Spread and/or Spread Multiplier, if any, specified on the face hereof, as determined on such Prime Interest Determination Date.

Appears in 1 contract

Samples: Note Agreement (Duke Energy CORP)

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