{"component": "definition", "props": {"groups": [{"snippet": "means an Advance which bears interest at the Prime-based Rate.", "samples": [{"hash": "6ZPPHysWyLx", "uri": "/contracts/6ZPPHysWyLx#prime-based-advance", "label": "Credit Agreement (National Beverage Corp)", "score": 35.9267616272, "published": true}, {"hash": "euNNih0f8Y4", "uri": "/contracts/euNNih0f8Y4#prime-based-advance", "label": "Credit Agreement (National Beverage Corp)", "score": 33.9336090088, "published": true}, {"hash": "hX5FpU9Yrf2", "uri": "/contracts/hX5FpU9Yrf2#prime-based-advance", "label": "Credit Agreement (National Beverage Corp)", "score": 31.9404525757, "published": true}], "snippet_links": [{"key": "the-prime", "type": "clause", "offset": [41, 50]}], "size": 115, "hash": "4622792c4650cf2242a4d5b2ab543d92", "id": 1}, {"snippet": "is a Term Advance which bears interest at the Prime-based Rate.", "samples": [{"hash": "eG3cK3RMz4L", "uri": "/contracts/eG3cK3RMz4L#prime-based-advance", "label": "Subordinate Loan and Security Agreement (S&W Seed Co)", "score": 36.1184120178, "published": true}, {"hash": "cPhnJyA4Ttc", "uri": "/contracts/cPhnJyA4Ttc#prime-based-advance", "label": "Subordinate Loan and Security Agreement (S&W Seed Co)", "score": 35.8336753845, "published": true}, {"hash": "4DpbjETgZpX", "uri": "/contracts/4DpbjETgZpX#prime-based-advance", "label": "Subordinate Loan and Security Agreement (S&W Seed Co)", "score": 35.8336753845, "published": true}], "snippet_links": [{"key": "term-advance", "type": "clause", "offset": [5, 17]}, {"key": "the-prime", "type": "clause", "offset": [42, 51]}], "size": 16, "hash": "1ec83b4b2aa6e24d66dafb37007ad98a", "id": 2}, {"snippet": "means an Advance (including a Swing Line Advance) which bears interest at the Prime-based Rate.", "samples": [{"hash": "lc2eambZKoA", "uri": "/contracts/lc2eambZKoA#prime-based-advance", "label": "Credit Agreement (Vishay Intertechnology Inc)", "score": 21.0, "published": true}, {"hash": "3kJVTR8BEoq", "uri": "/contracts/3kJVTR8BEoq#prime-based-advance", "label": "Credit Agreement (Vishay Intertechnology Inc)", "score": 21.0, "published": true}, {"hash": "kn80pkic2iK", "uri": "/contracts/kn80pkic2iK#prime-based-advance", "label": "Credit Agreement (Credit Acceptance Corporation)", "score": 18.0, "published": true}], "snippet_links": [{"key": "swing-line-advance", "type": "definition", "offset": [30, 48]}, {"key": "the-prime", "type": "clause", "offset": [74, 83]}], "size": 15, "hash": "800c987cd847996e88dd29c4a6d5cd36", "id": 3}, {"snippet": "means an Advance which bears interest at the Prime Referenced Rate plus the Applicable Margin.", "samples": [{"hash": "fCGVKIf6mmk", "uri": "/contracts/fCGVKIf6mmk#prime-based-advance", "label": "Credit Agreement (Conifer Holdings, Inc.)", "score": 26.4976043701, "published": true}, {"hash": "ejVTuqOv1y6", "uri": "/contracts/ejVTuqOv1y6#prime-based-advance", "label": "Credit Agreement (Conifer Holdings, Inc.)", "score": 26.4428482056, "published": true}, {"hash": "8fQyLr0a7Yj", "uri": "/contracts/8fQyLr0a7Yj#prime-based-advance", "label": "Loan and Security Agreement (Proteinsimple)", "score": 25.232717514, "published": true}], "snippet_links": [{"key": "prime-referenced-rate", "type": "definition", "offset": [45, 66]}, {"key": "applicable-margin", "type": "clause", "offset": [76, 93]}], "size": 15, "hash": "31adc1027bc56d45b89b841a18353606", "id": 4}, {"snippet": "means an Advance which bears interest at the Prime Referenced Rate plus the Applicable Margin, subject to the terms of this Agreement.", "samples": [{"hash": "56vk87cTdEi", "uri": "/contracts/56vk87cTdEi#prime-based-advance", "label": "Loan and Security Agreement (MobileSmith, Inc.)", "score": 33.42710495, "published": true}, {"hash": "9eRz3EULbKY", "uri": "http://pdf.secdatabase.com/166/0001654954-22-007985.pdf", "label": "pdf.secdatabase.com", "score": 11.2669401169, "published": false}], "snippet_links": [{"key": "prime-referenced-rate", "type": "definition", "offset": [45, 66]}, {"key": "applicable-margin", "type": "clause", "offset": [76, 93]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [110, 133]}], "size": 4, "hash": "536ad3c47581bf692fcf4312edb814ee", "id": 5}, {"snippet": "means an Advance which bears interest at the Prime-based Rate. \u201cPrime-based Rate\u201d means for any day, that rate of interest which is equal to the Applicable Margin plus the Prime Rate.", "samples": [{"hash": "fHGwIUxj6A4", "uri": "/contracts/fHGwIUxj6A4#prime-based-advance", "label": "Credit Agreement (National Beverage Corp)", "score": 28.931552887, "published": true}, {"hash": "99geSuWBeZn", "uri": "https://ir.nationalbeverage.com/static-files/cf9b1328-d6ed-4dc2-ac00-9a6d0e420ca0", "label": "ir.nationalbeverage.com", "score": 9.2600955963, "published": false}], "snippet_links": [{"key": "rate-of-interest", "type": "definition", "offset": [106, 122]}, {"key": "equal-to", "type": "definition", "offset": [132, 140]}, {"key": "applicable-margin", "type": "clause", "offset": [145, 162]}, {"key": "the-prime-rate", "type": "definition", "offset": [168, 182]}], "size": 3, "hash": "8da50692a04a535de56830e44e7d86f5", "id": 6}, {"snippet": "means an Advance which bears interest at a rate based on the Prime-based Rate.", "samples": [{"hash": "lBln3NsGPDR", "uri": "/contracts/lBln3NsGPDR#prime-based-advance", "label": "Revolving Credit Agreement (Republic Automotive Parts Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "based-on", "type": "definition", "offset": [48, 56]}, {"key": "the-prime", "type": "clause", "offset": [57, 66]}], "size": 3, "hash": "2e4fcbfef581aa8e7fea25eb051c746f", "id": 7}, {"snippet": "means an Advance of which the Applicable Interest Rate is based on the Prime Referenced Rate, subject to the terms of this Note.", "samples": [{"hash": "b7pbPuTdP14", "uri": "https://www.sec.gov/Archives/edgar/data/1604738/000110465917066301/a17-25242_1ex10d5.htm", "label": "Equipment Note (Ashford Inc.)", "score": 16.8466796875, "published": false}, {"hash": "d3NX0tz3Q9f", "uri": "https://www.sec.gov/Archives/edgar/data/1604738/000110465917066301/a17-25242_1ex10d3.htm", "label": "Master Revolving Note (Ashford Inc.)", "score": 16.8466796875, "published": false}], "snippet_links": [{"key": "applicable-interest-rate", "type": "clause", "offset": [30, 54]}, {"key": "based-on", "type": "definition", "offset": [58, 66]}, {"key": "prime-referenced-rate", "type": "definition", "offset": [71, 92]}, {"key": "terms-of-this-note", "type": "clause", "offset": [109, 127]}], "size": 2, "hash": "af3bd0d943609a3d68873a8783b1000e", "id": 8}, {"snippet": "means an advance of Revolving Loans or a portion of the Term Loan bearing interest at a rate based on the Prime Rate.", "samples": [{"hash": "9Zy3fYHpqdb", "uri": "/contracts/9Zy3fYHpqdb#prime-based-advance", "label": "Loan and Security Agreement (Unique Fabricating, Inc.)", "score": 25.7337436676, "published": true}], "snippet_links": [{"key": "revolving-loans", "type": "clause", "offset": [20, 35]}, {"key": "a-portion", "type": "definition", "offset": [39, 48]}, {"key": "the-term-loan", "type": "clause", "offset": [52, 65]}, {"key": "based-on", "type": "definition", "offset": [93, 101]}, {"key": "the-prime-rate", "type": "definition", "offset": [102, 116]}], "size": 1, "hash": "0beb0ac1c98085392d1582ecbffd8638", "id": 9}, {"snippet": "means an Advance that bears or is to bear interest at the Prime-Based Rate.", "samples": [{"hash": "9qqAgLEyDO7", "uri": "https://ir.federalrealty.com/static-files/e484ae42-68fd-48c0-9e92-cfd4c05b4543", "label": "ir.federalrealty.com", "score": 7.9650921822, "published": false}], "snippet_links": [{"key": "the-prime", "type": "clause", "offset": [54, 63]}], "size": 1, "hash": "a440f1db932ee1f886b860ea034bcb28", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIccHJpbWUtYmFzZWQtYWR2YW5jZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means an Advance which bears interest at the Prime-based Rate.", "size": 177, "title": "Prime-based Advance", "id": "prime-based-advance", "examples": ["The interest rate with respect to any <strong>Prime-based Advance</strong> shall change on the effective date of any change in the Prime-based Rate.", "Upon the date for repayment as aforesaid and unless Company notifies Agent to the contrary within two (2) Business Days after receiving a notice from Agent pursuant to this Section, such outstanding principal amount shall be converted to a <strong>Prime-based Advance</strong> as of the last day of such Interest Period.", "Such <strong>Prime-based Advance</strong> shall be deemed disbursed notwithstanding any failure to satisfy any conditions for disbursement of any Advance set forth in Section 2 hereof and, to the extent of the Advances so disbursed, the reimbursement obligation of the Company or the applicable Account Party under this Section 3.6 shall be deemed satisfied.", "Company acknowledges that, in connection with any repayment required hereunder, it shall also be responsible for the reimbursement of any prepayment or other costs required under Section 12.1 hereof; provided, however, that Company shall, in order to reduce any such prepayment costs and expenses, first prepay such portion of the Indebtedness then carried as a <strong>Prime-based Advance</strong>, if any.", "Each Swing Line Advance shall mature and the principal amount thereof shall be due and payable by the Company in the case of any Quoted Rate Advance, on the last day of the Interest Period applicable thereto (if any) and, in the case of any <strong>Prime-based Advance</strong>, on the Revolving Credit Maturity Date.", "If the Bank does not receive timely notice of the election and the Interest Period elected by the Company, the Company shall be deemed to have elected to convert such Eurodollar-based Advance to a <strong>Prime-based Advance</strong> at the end of the then current Interest Period.", "All of said amounts required to be paid by Company, may, at Agent&#x27;s option, be charged by Agent as a <strong>Prime-based Advance</strong> against the Indebtedness.", "All accrued and unpaid interest on any Advance converted to a <strong>Prime-based Advance</strong> under this Section 2.8 shall be due and payable in full on the date such Advance is converted.", "At Agent&#x27;s option, all of said amounts required to be paid by Company, if not paid when due, may be charged by Agent as a <strong>Prime-based Advance</strong> against the Indebtedness.", "Such <strong>Prime-based Advance</strong> shall be disbursed notwithstanding any failure to satisfy any conditions for disbursement of any Advance set forth in Article 2 hereof and, to the extent of the <strong>Prime-based Advance</strong> so disbursed, the Reimbursement Obligation of the Company or the applicable Account Party to the Agent under this Section 3.6 shall be deemed satisfied."], "related": [["prime-based-rate", "Prime-based Rate", "Prime-based Rate"], ["sofr-based-rate", "SOFR-Based Rate", "SOFR-Based Rate"], ["incurrence-based-amounts", "Incurrence-Based Amounts", "Incurrence-Based Amounts"], ["committed-advance", "Committed Advance", "Committed Advance"], ["libor-based-rate", "LIBOR-Based Rate", "LIBOR-Based Rate"]], "related_snippets": [], "updated": "2025-07-24T04:27:51+00:00"}, "json": true, "cursor": ""}}