Common use of PRIME RATE OF INTEREST Clause in Contracts

PRIME RATE OF INTEREST. Prime Rate of Interest" means that rate of interest designated as such by Fleet National Bank of Connecticut, N.A., or any successor thereto, as the same may from time to time fluctuate.

Appears in 8 contracts

Samples: Loan and Security Agreement (Phymatrix Corp), Loan and Security Agreement (Phymatrix Corp), Loan and Security Agreement (Medical Asset Management Inc)

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PRIME RATE OF INTEREST. Prime Rate of Interest" means that rate of interest designated as such quoted by Fleet National Bank of Connecticut, N.A., or any successor thereto, as the same may from time to time fluctuate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Raintree Healthcare Corp), Loan and Security Agreement (Raintree Healthcare Corp)

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PRIME RATE OF INTEREST. Prime Rate of Interest" means that rate of interest designated as such by Fleet National Bank of Connecticut, N.A., or any successor thereto, as the same may from time to time fluctuate.

Appears in 1 contract

Samples: Loan and Security Agreement (Company Doctor)

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