Document ID: 12376

Text:
Alternate Base Rate means a rate per annum determined by the Administrative Agent on the first Business Day of each week, which shall be the highest of (a)the Prime Rate,(b)the Federal Funds Effective Rate plus one-half of one percent ( 0.50% ) per annum, and (c)the Adjusted LIBOR Rate (rounded upward, if necessary, to the next whole multiple of 1/100th of one percent) for an Interest Period of one month on such day plus one percent ( 1.00% ) per annum; provided that, in no event shall the Alternate Base Rate be less than 0.00%. Any change in the Alternate Base Rate due to a change in the calculation thereof shall be effective at the opening of business on the first Business Day of each week or, if determined more frequently, at the opening of business on the first Business Day immediately following the date of such determination and without necessity of notice being provided to the Borrower or any other Person.

Named Entities:
44
44
Ratio
49
52
Percentage
78
83
Ratio
99
102
Percentage
121
124
Percentage

Tokenized Text:
Alternate
Base
Rate
means
a
rate
per
annum
determined
by
the
Administrative
Agent
on
the
first
Business
Day
of
each
week
,
which
shall
be
the
highest
of
(
a
)
the
Prime
Rate
,
(
b
)
the
Federal
Funds
Effective
Rate
plus
one-half
of
one
percent
(
0
.
50
%
)
per
annum
,
and
(
c
)
the
Adjusted
LIBOR
Rate
(
rounded
upward
,
if
necessary
,
to
the
next
whole
multiple
of
1
/
100th
of
one
percent
)
for
an
Interest
Period
of
one
month
on
such
day
plus
one
percent
(
1
.
00
%
)
per
annum
;
provided
that
,
in
no
event
shall
the
Alternate
Base
Rate
be
less
than
0
.
00
%
.
Any
change
in
the
Alternate
Base
Rate
due
to
a
change
in
the
calculation
thereof
shall
be
effective
at
the
opening
of
business
on
the
first
Business
Day
of
each
week
or
,
if
determined
more
frequently
,
at
the
opening
of
business
on
the
first
Business
Day
immediately
following
the
date
of
such
determination
and
without
necessity
of
notice
being
provided
to
the
Borrower
or
any
other
Person
.