Adjusted Base Rate definition

Adjusted Base Rate means the Base Rate plus the Applicable Percentage.
Adjusted Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day, and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Adjusted Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.
Adjusted Base Rate means, at any time with respect to any Base Rate Loan, a rate per annum equal to the Base Rate as in effect at such time plus the Applicable Percentage for Base Rate Loans as in effect at such time.

Examples of Adjusted Base Rate in a sentence

  • All Base Rate Loans shall accrue interest at the Adjusted Base Rate.


More Definitions of Adjusted Base Rate

Adjusted Base Rate means, at any time with respect to any Base Rate Loan of any Class, a rate per annum equal to the Base Rate as in effect at such time plus the Applicable Percentage for Base Rate Loans of such Class as in effect at such time.
Adjusted Base Rate means the Base Rate plus the Applicable Percentage for Base Rate Loans.
Adjusted Base Rate means, for any day, the fluctuating rate per annum of interest equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Rate in effect on such day plus one half of 1.00%, and (c) a rate determined by the Administrative Agent to be the Daily One-Month LIBOR plus 1.00%. Any change in the Adjusted Base Rate due to a change in the Prime Rate, Daily One-Month LIBOR or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate, Daily One-Month LIBOR or the Federal Funds Rate.
Adjusted Base Rate means, for any day, the fluctuating rate per annum of interest equal to the greatest of (a) the Wall Street Journal Rate in effect on such day, (b) the Federal Funds Rate in effect on such day plus 0.50%, and (c) the Daily One-Month LIBOR plus 1.00%. Any change in the Adjusted Base Rate due to a change in the Wall Street Journal Rate, Daily One-Month LIBOR or the Federal Funds Rate shall be effective on the effective date of such change in the Wall Street Journal Rate, Daily One-Month LIBOR or the Federal Funds Rate.
Adjusted Base Rate means, on any day, the Base Rate for such day plus the Base Rate Margin for such day, provided that the Adjusted Base Rate charged by any Person shall never exceed the Highest Lawful Rate.
Adjusted Base Rate means the Base Rate plus the Applicable ------------------ ---- Percentage.
Adjusted Base Rate means, on any day, the per annum rate equal to the greater of (a) the sum of (i) the Base Rate for such day plus (ii) the Applicable Margin for such day or (b) 8.50%, provided that the Adjusted Base Rate charged by any Person shall never exceed the Highest Lawful Rate.