Prime definition

Prime. As of any date of determination, the annual interest rate, adjusted daily, published from time to time in The Wall Street Journal (Western Edition) as the “PRIME RATE” in the “MONEY RATES” section.

Prime contractor means that the Contractor has privity-of-contract with the Government for all contractual obligations under a mutually binding legal relationship with the Government. In other words, when the Government awards a contract to a contractor, the Contractor is considered the “Prime” contractor.

Prime the rate quoted from time to time as its "Prime Rate" for commercial loans in the City in Canada where the Licensor's head office is situated, by the bank indicated on the Information Page, as the "Prime Rate Reference Bank".

Examples of Prime in a sentence

• The interest shall be simple interest payable monthly at a rate of one percent (1%) per annum plus Prime.

• If the Prime Rate increases, variable APRs (and corresponding DPRs) will increase.

• When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the billing period.

• In all cases Contractor shall comply with the Insurance Provisions set forth in Exhibit A, provided that if the Prime Contract imposes higher limits or other or more restrictive obligations on Contractor which Contractor is required to “flow down” to Subcontractor, Subcontractor shall comply with the provisions in the Prime Contract.

• If required by the Prime Contract, the Agreement shall be automatically assigned upon termination of the Prime Contract to the Owner or such other party as specified in the Prime Contract.

More Definitions of Prime

Prime means the rate of interest from time to time declared by the Canadian Imperial Bank of Commerce (or its successor, in the event of a merger or amalgamation) as its prime rate for Canadian dollar commercial loans in Canada;

Prime. Prime/BDR Acquisition, L.L.C. By: /s/ Cheryl Williams Cheryl Williams, Vice Presidexx STOCK PURCHASE AGREEMENT This Stock Purchase Agreement (this "Agreement") is entered into to be effective as of September 1, 1999 (the "Effective Time"), among PrimeSight, L.L.C., a Delaware limited liability company ("Prime"), Horizon Vision Center, Inc., a Nevada corporation (the "Company") and Kenneth V. Miselis, an indivixxxx xxxxxxxx xx Xtockton, California and a shareholder of the Company ("Seller"). The parties hereto agree as follows:

Prime means the greatest of such rates.

Prime for a Month means the average (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) of the Prime Rate in effect on each day of such Month;

Prime means the published per annum prime lending rate on loans denominated in Canadian Dollars made in Canada charged by the principal banker of BC Hydro as at the date the interest is calculated in accordance with section 2.5;

Prime when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Prime Rate.

Prime means the per annum rate of interest publicly announced by JPMorgan Chase Bank NA (or its successor), from time to time, as its “prime” or “base” or “reference” rate of interest.