Interest Change Date definition

Interest Change Date means the day following the earlier to occur of (i) seven years following the date of this Agreement, or (ii) the date as of which the cumulative amount of Available Cash Flow distributed to the Limited Partners by the Partnership equals 200% of the total Capital Contributions of the Limited Partners.

Interest Change Date and “Note Rate” set forth in Section 13 of the Loan Agreement are hereby deleted in their entireties.

Interest Change Date means the date of any regularly scheduled adjustment in the interest rate on the Term Note.

Examples of Interest Change Date in a sentence

• The monthly payment will change after each Interest Change Date to an amount sufficient to repay the then unpaid principal balance of this Note in full at the then current interest rate, in substantially equal monthly payments over the balance of the amortization period specified above.

• The Holder will mail or deliver to Maker a notice of any changes in the interest rate applicable to this Note, and any resulting changes in the monthly payments required under this Note, prior to the date the first payment is due after the applicable Interest Change Date.

• Until the payment is again changed, Maker shall pay the new monthly payment each month beginning on the first day of the first calendar month after the applicable Interest Change Date.

• The Subsequent Adjustment Period is the period from the first Interest Change Date, and each Interest Change Date thereafter, until the next succeeding Interest Change Date, expressed in years.

• The Interest Change Date, as defined in the Glossary to the Guide, is each date, as established in the Note, on which the rate of interest could change.

More Definitions of Interest Change Date

Interest Change Date means, with respect to the REVOLVING LOAN, the first (1st) calendar day of each month on which the Index applicable to the REVOLVING LOAN will adjust to the One (1) Month LIBOR RATE which is published in The Wall Street Journal as the reported rate for the date that is two LONDON BANKING DAYS prior to each such INTEREST RATE CHANGE DATE; with respect to the TERM LOANS other than the FIXED RATE II TERM LOAN, the eighth calendar day of each quarter on which the Index applicable to the TERM LOANS other than the FIXED RATE II LOAN will adjust to the Three (3) Month LIBOR RATE which is published in The Wall Street Journal as the reported rate for the date that is two LONDON BANKING DAYS prior to each such INTEREST RATE CHANGE DATE and with respect to the FIXED RATE II TERM LOAN, the last calendar day of each quarter on which the Index applicable to the FIXED RATE II LOAN will adjust to the Three (3) Month LIBOR RATE which is published in The Wall Street Journal as the reported rate for the date that is two LONDON BANKING DAYS prior to each such INTEREST RATE CHANGE DATE.

Interest Change Date means the first (1st) day of August 2017 and the first (1st) day of every month thereafter until the Term Maturity Date.

Interest Change Date means the first (1 st ) day of August 2017 and the first (1 st ) day of every month thereafter until the Term Maturity Date.

Interest Change Date shall no longer be used and is hereby deleted.

Interest Change Date means the first day of the first calendar month following the Disbursement Date and the first day of each calendar month occurring at one (1) month intervals thereafter.

Interest Change Date shall have the meaning set forth in Section 5.2(j).

Interest Change Date means that date during the period from the Closing Date through the Conversion Date or Maturity Date, as applicable, on which the effective interest rate on the Loan changes, and such date shall be the first day of each calendar month.