Bank Prime Rate means the prime lending rate as it appears in the Wall Street Journal during the period of delinquency.
Bank Prime Rate means the annual rate of interest the Bank announces from time to time as a reference rate for determining interest rates on any Belize dollar loans;
Bank Prime Rate means the fluctuating per annum rate of interest equal to the “Prime Rate” announced daily by the New York Branch of HSH Nordbank AG, each change in such prime or base lending rate to become effective on the date such change is announced. The Administrative Agent’s determination and designation from time to time of the prime rate shall not in any way preclude any of the Lenders from making loans to other borrowers at rates that are higher or lower than or different from the referenced rate.
Examples of Bank Prime Rate in a sentence
The credit facility bears interest at the Royal Bank Prime Rate plus 0.30%.
The loan bears interest at the Royal Bank Prime Rate plus 400 basis points.
Interest hereon shall accrue from the date hereof at the Bank Prime Rate as quoted from time to time in the Wall Street Journal plus one and one half percent (1.5%) per annum.
Each adjustment in the Interest Rate shall be effective on the day the change in the Bank Prime Rate occurs.
The rate of interest payable on any overdraft in an Account will be Royal Bank Prime Rate plus 5% for Canadian dollar Accounts, and US Base Rate plus 5% per annum for US dollar Accounts, or the rate otherwise agreed to in writing by Royal Bank and the Customer.
More Definitions of Bank Prime Rate
Bank Prime Rate means that variable rate of interest per annum designated by JPMorgan Chase Bank, N.A. from time to time, as being its prime rate of interest, with a change in the Bank Prime Rate to take effect simultaneously and automatically, without further notice, upon the Bank’s determination and designation from time to time of such prime rate. It is understood that such designated prime rate is merely a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. The Bank’s determination and designation from time to time of its prime rate shall not in any way preclude the Bank from making loans to other borrowers at rates that are higher or lower than or different from the referenced rate.
Bank Prime Rate means, for any period, a fluctuating interest rate per annum equal to the rate of interest publicly announced by the Agent as its prime rate in effect from time to time (which rate may not be the lowest rate of interest charged by the Agent to commercial borrowers).
Bank Prime Rate means a rate of interest per annum (computed on the basis of the actual number of days elapsed over a year of 360 days) which is equal to the rate of interest advertised and published from time to time by U.S. Bank as its "prime rate of interest." This published rate of interest is not necessarily the lowest or best rate of interest made available by U.S. Bank to its most creditworthy customers and no representation, express or implied, is made with respect thereto. The U.S. Bank prime rate will fluctuate contemporaneously with, and to the full extent of, any change in U.S. Bank's published prime rate of interest.
Bank Prime Rate shall have the meaning set forth in the Reimbursement Agreement.
Bank Prime Rate means the minimum rate at which the Bank of Canada extends short-term advances to members of the Canadian Payments Association.
Bank Prime Rate means the rate announced by the Bank from time to time at its principal office as its prime rate, the Bank Prime Rate to change as such prime rate changes. The announcement of the Bank Prime Rate as contemplated by the foregoing paragraph shall be conclusive and binding upon the Trustee, the Issuer, the Paying Agent, any Co-Paying Agent, the Company and the Bank.