Definition of Base Rate Clause Samples

Definition of Base Rate. The definition ofBase Ratecontained in Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:
Definition of Base Rate. The definition of Base Rate Margin is hereby amended to delete subsection (a)(i) and substitute the following therefor: (a) (i) in respect of Advances that are Base Rate Loans, 4.75 percentage points per annum."
Definition of Base Rate. The following is added as a new definition:

Related to Definition of Base Rate

  • Definition of Business Day For purposes of this Agreement, “Business Day” means any day on which the Nasdaq Global Select Market is open for trading.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.

  • Definition of Regular Straight Time Rate of Pay The regular straight time rate of pay is that prescribed in wage schedule of the Collective Agreement.

  • Definition of Overtime All time worked in excess of forty (40) hours during any one (1) week shall be considered overtime. All overtime must be properly authorized by the Employer.

  • Definition of Company Solely for purposes of this Article 6, the term "Company" also shall include any existing or future subsidiaries of the Company that are operating during the time periods described herein and any other entities that directly or indirectly, through one or more intermediaries, control, are controlled by or are under common control with the Company during the periods described herein.