Common use of Prime Rate Clause in Contracts

Prime Rate. The rate of interest from time to time announced by The Wall Street Journal as the "prime rate." If The Wall Street Journal or any reasonable successor to it ceases to announce the prime rate, the Prime Rate will be a comparable interest rate designated by Landlord to replace the Prime Rate.

Appears in 2 contracts

Sources: Office Lease (Accredited Home Lenders Holding Co), Office Lease (International Cosmetics Marketing Co)

Prime Rate. The rate of interest from time to time announced by The Wall Street Journal as the "prime rate." If The the Wall Street Journal or any reasonable successor to it ceases to announce the prime rate, the Prime Rate will be a comparable interest rate designated by Landlord to replace the Prime Rate.

Appears in 1 contract

Sources: Office Lease (Xcarenet Inc)

Prime Rate. The rate of interest from time to time announced by The Wall Street Journal as the the, "prime rate.," If The Wall Street Journal or any reasonable successor to it ceases to announce the prime rate, the Prime prime Rate will be a comparable interest rate designated by Landlord to replace replace, the Prime Rate.

Appears in 1 contract

Sources: Office Lease (Xcarenet Inc)

Prime Rate. The rate of interest from time to time announced by published as such in the “Money Rates” section of The Wall Street Journal Journal, or any successor to it, as the "prime rate." rate charged by major banks from time to time. If The Wall Street Journal or any reasonable successor to it ceases to announce the publish a prime rate, the Prime Rate will be a comparable interest rate index designated by Landlord to replace the Prime Rate.

Appears in 1 contract

Sources: Lease (BioPlus Acquisition Corp.)

Prime Rate. The rate of interest from time to time announced by The Wall Street Journal as the "prime rate." If The Wall Street Journal or any reasonable successor to it ceases to announce the prime rate, the Prime prime Rate will be a comparable interest rate designated by Landlord to replace the Prime Rate.

Appears in 1 contract

Sources: Office Lease (Safescience Inc)