Common use of Prime Rate Clause in Contracts

Prime Rate. Prime Rate shall mean the annual rate of interest published in the Wall Street Journal from time to time as the “Prime Rate” or a comparable source selected by the General Partner in its reasonable discretion.

Appears in 3 contracts

Sources: Transaction Agreement (OVERSTOCK.COM, Inc), Limited Partnership Agreement (OVERSTOCK.COM, Inc), Limited Partnership Agreement (J2 Global, Inc.)

Prime Rate. The term “Prime Rate Rate” shall mean the annual prime rate of interest as published in the Wall Street Journal from time to time or, failing such publication, such other interest rate as may replace or supersede the same or, in the absence of a replacement or superseding interest, such other interest as the “Prime Rate” or a comparable source selected by the General Partner in its reasonable discretionParties may agree.

Appears in 3 contracts

Sources: Technology License and Services Agreement (Synaptogenix, Inc.), Technology License and Services Agreement (Neurotrope, Inc.), Technology License and Services Agreement (Neurotrope, Inc.)

Prime Rate. Prime Rate shall mean The “prime rate” is the annual rate of interest per annum published in the Wall Street Journal from time to time as the Wall Street Journal Prime Rate” or a comparable source selected . Each change in the Prime Rate shall be effective as of the opening of business on the day such change in the Prime Rate occurs. The parties hereto acknowledge that the rate published by the General Partner in its reasonable discretionWall Street Journal as the Wall Street Journal Prime Rate is an index or base rate and shall not necessarily be the lowest or best rate charged by banks to their customers or other banks.

Appears in 2 contracts

Sources: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

Prime Rate. Prime Rate Rate” shall mean the annual prime rate of interest (the base rate on corporate loans at large U.S. money center commercial banks) as published in the Wall Street Journal from time to time as or other equivalent publication if the “Prime Rate” or a comparable source selected by the General Partner in its reasonable discretionWall Street Journal no longer publishes such information.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.)

Prime Rate. The term "Prime Rate Rate" shall mean the annual prime rate (or base rate) reported in the Money Rates column or section of interest The Wall Street Journal as being the base rate on corporate loans at large U.S. money center commercial banks (whether or not such rate has actually been charged by any such bank) on the first day on which The Wall Street Journal is published in the Wall Street Journal from time to time as month in which the “Prime Rate” subject sums are payable or a comparable source selected by the General Partner in its reasonable discretionincurred.

Appears in 2 contracts

Sources: Lease Agreement (Forescout Technologies, Inc), Lease Agreement (Forescout Technologies, Inc)

Prime Rate. Prime Rate shall mean the annual rate of interest published in the Wall Street Journal from time to time as the The term “Prime Rate” shall mean the prime rate (or a comparable source selected base rate) reported in the Money Rates column or section of The Wall Street Journal as being the base rate on corporate loans at large U.S. money center commercial banks (whether or not such rate has actually been charged by any such bank) on the General Partner first day on which The Wall Street Journal is published in its reasonable discretionthe month in which the subject sums are payable or incurred.

Appears in 2 contracts

Sources: Lease Agreement (Silver Spring Networks Inc), Lease Agreement (Silver Spring Networks Inc)

Prime Rate. The Prime Rate shall mean the is an annual rate of interest as published in the Wall Street Journal Journal/Eastern Edition in its Money Rates table from time to time as and otherwise defined in the Revolving Note. Lender may make loans to other borrowers above, at or below its announced Prime Rate” or a comparable source selected by the General Partner in its reasonable discretion.

Appears in 1 contract

Sources: Commercial Revolving Loan and Security Agreement (Sachem Capital Corp.)

Prime Rate. The “Prime Rate Rate” shall mean an interest rate equal to the annual floating commercial rate of interest published in the Wall Street Journal from time to time (or its successors) as the “Prime Rate” or a comparable source selected by the General Partner in its reasonable discretionprime rate.

Appears in 1 contract

Sources: Limited Partnership Agreement

Prime Rate. The term "Prime Rate Rate" shall mean the annual per annum rate of interest published from time to time in the Wall Street Journal from time to time as the “Prime Rate” "prime rate" or a comparable source selected the base rate of interest on corporate loans posted by at least 75% of the General Partner nation's 30 largest banks, such rate to be adjusted automatically on and as of the effective date of any change in its reasonable discretionsuch rate.

Appears in 1 contract

Sources: Modification to Promissory Note and Loan Agreement (Compressco Inc)

Prime Rate. As used herein, the term “Prime Rate Rate” shall mean the annual a variable rate of interest equal from day to day to the “Prime Rate” as published in the Wall Street Journal from time to time as the “Prime Rate” (or if such publication is no longer published, a similar reputable financial publication selected by Manager in its reasonable discretion listing such rate of interest or a comparable source selected by the General Partner in its reasonable discretionrate of interest).

Appears in 1 contract

Sources: Management Agreement

Prime Rate. The Prime Rate shall mean the annual rate of interest published in the The Wall Street Journal from time to time (adjusted daily) as being the base rate on corporate loans at large U.S. money center commercial banks. If The Wall Street Journal ceases to publish such a Prime Rate” or a comparable source selected , the Prime Rate shall be the per annum interest rate for bank prime loans (adjusted daily) published by the General Partner in its reasonable discretionBoard of Governors of the Federal Reserve System.

Appears in 1 contract

Sources: Office Building Lease (Digital Insight Corp)

Prime Rate. The term “Prime Rate Rate” shall mean the annual prime rate of interest published as reported in the “Money Rates” column or similar listing of The Wall Street Journal Journal, in effect from time to time as (which rate shall be adjusted on the “Prime Rate” or a comparable source selected by the General Partner effective date of each change in its reasonable discretionsuch prime rate).

Appears in 1 contract

Sources: Pre Incorporation and Shareholders Agreement (INVO Bioscience, Inc.)

Prime Rate. Prime Rate shall mean The interest rate per annum (sometimes referred to as the annual rate of interest “base rate”) published in the The Wall Street Journal as the “prime rate” from time to time (or if more than one rate is published, the arithmetic mean of such rates), in either case determined as of the “Prime Rate” or a comparable source selected by date the General Partner in its reasonable discretionobligation to pay interest arises.

Appears in 1 contract

Sources: Epc Agreement

Prime Rate. Prime Rate shall mean the annual prime rate of interest published stated under the column “Money Rates” in the The Wall Street Journal as the same is published from time to time as the “Prime Rate” or a comparable source selected by the General Partner in its reasonable discretiontime.

Appears in 1 contract

Sources: Office Lease (Cambium Networks Corp)