Common use of Base Rate Clause in Contracts

Base Rate. The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" ” or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next one-eighth c) LIBOR for an Interest Period of one percent(1) month plus one percent (1%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next one-eighth c) LIBOR for an Interest Period of one percent(1) month plus one percent (1%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to c) the next one-eighth of applicable LIBOR for one percent)month interest period plus one percent (1.0%) per annum. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head ’s Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customercustomers. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater higher of (a) the variable annual rate of interest announced from time to time by the Administrative Agent at Agent's Head Office as its "prime rate" ", such rate being a reference rate and not necessarily representing the lowest or best rate being charged to any customer, and (b) one-half of one percent (0.51/2%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change Changes in the Base Rate shall become effective as of the opening of business on the day on which such change resulting from any changes in the Base Rate becomes effective, Administrative Agent's "prime rate" shall take place immediately without notice or demand of any kind.

Base Rate. The greater greatest of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, and (b) one-one half of one percent (0.50.50%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's ’s Head Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's ’s Head Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" ”, or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer, and which such rate serves as the basis upon which effective rates of interest are calculated for obligations making reference thereto. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ”, (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate Rate, or (rounded upwards, if necessary, to the next c) one and one-eighth of one percenthalf percent (1.5%). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual per annum rate of interest announced from time to time by Agent at Agent's ’s Head Office as its "“prime rate" ” or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or ", and (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind. Base Rate Loans. Those Loans bearing interest calculated by reference to the Base Rate.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's Head Office as its "“prime rate" ” or (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

Base Rate. The greater of (a) the variable fluctuating annual rate of interest announced from time to time by the Agent at the Agent's ’s Head Office as its "“prime rate" or ” and (b) one-one half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent)Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business 12:01 a.m. on the day Business Day on which such change in the Base Rate becomes effective, without notice or demand of any kind.