Common use of Rates Change Automatically and Without Notice Clause in Contracts

Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 4 contracts

Samples: Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Operating Trust)

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Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s 's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 3 contracts

Samples: Credit Agreement (Parkway Properties Inc), Credit Agreement (Archstone Communities Trust/), Credit Agreement (Security Capital Pacific Trust)

Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which AgentHolder’s said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 3 contracts

Samples: Credit Agreement (Archstone Smith Trust), Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Operating Trust)

Rates Change Automatically and Without Notice. Without notice to --------------------------------------------- Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s 's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 2 contracts

Samples: Credit Agreement (Archstone Communities Trust/), Credit Agreement (Security Capital Pacific Trust)

Rates Change Automatically and Without Notice. Without notice to --------------------------------------------- Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s Holder's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 2 contracts

Samples: Credit Agreement (Security Capital Pacific Trust), Credit Agreement (Archstone Communities Trust/)

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Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s Holder's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.

Appears in 2 contracts

Samples: Credit Agreement (Security Capital Pacific Trust), Credit Agreement (Archstone Communities Trust/)

Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s 's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate.. (c)

Appears in 1 contract

Samples: Credit Agreement (Parkway Properties Inc)

Rates Change Automatically and Without Notice. Without notice to Maker or any other person or entity and to the full extent allowed by applicable law from time to time in effect, the Prime Base Rate and the Ceiling Rate shall each automatically fluctuate upward and downward as and in the amount by which Agent’s Lender's said prime rate, and such maximum nonusurious rate of interest permitted by applicable law, respectively, fluctuate. 3.

Appears in 1 contract

Samples: Credit Agreement (Parkway Properties Inc)

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