Adjustable Rate Notes definition

Adjustable Rate Notes. The Group I Notes.
Adjustable Rate Notes. The [Class AF-1A] Notes, the [Group AV] Notes and the Adjustable Rate Subordinate Notes.
Adjustable Rate Notes. The Group I Notes and the Class AF-1 Notes.

Examples of Adjustable Rate Notes in a sentence

  • Assumable Adjustable Rate Notes – May be assumable based upon the note, in general Fannie Mae Notes contain an assumable clause.

  • Ifthe mortgage interest rate is rounded, the lender should refer to the footnotes of Appendices 3 and 6 for instructions on appropriate changes to the First and Second Adjustable Rate Notes.

  • If the mortgage interest rate is rounded, the lender should refer to the footnotes of Appendices 3 and 6 for instructions on appropriate changes to the First and Second Adjustable Rate Notes.

  • The Seller, the Depositor, the Master Servicer and the Holders of the Adjustable Rate Notes by their acceptance of such Notes acknowledge and agree that the Indenture Trustee shall execute, deliver and perform its obligations under the Swap Administration Agreement and shall do so solely in its capacity as Indenture Trustee, as the case may be, and not in its individual capacity.

  • On or about November 3, 2005, [Raymond], as Trustor/Trustee and [Barbara], as Successor Trustee for the [Mehner Family Trust], at Wells Fargo Bank in Sioux City, IA, executed two (2) separate Deeds of Trust (“DOT”) and two Adjustable Rate Notes in the respective amounts of $1,306,875 (First Note) and $174,250 (Second Note), the proceeds of which .

  • This Security is one of a duly authorized issue of Securities of the Company designated as its Senior Subordinated Adjustable Rate Notes (the "Securities"), issued under an Indenture dated as of _______________, 2002 (together with any supplemental indentures thereto, the "Indenture"), between the Company and the Trustee.

  • The Securities shall be known and designated as the Senior Subordinated Adjustable Rate Notes of the Company.

  • Only used in the Standard Fixed/Adjustable Rate Notes, Standard Fixed/Adjustable Rate Notes with Conversion, Standard Adjustable-Rate Notes, Standard Adjustable-Rate Notes (WV), Multistate Adjustable-Rate Notes with Conversion, Multistate Adjustable-Rate Notes with Conversion and Subsequent Caps, Multistate Adjustable-Rate Note - COF Index, Multistate Adjustable-Rate Note - COF Index with Conversion, and Multistate Adjustable- Rate Notes with Subsequent Caps No Conversion e.

  • Fannie has additionally posted 3 Adjustable Rate Notes and Riders.

  • Debt The Authority issued Community Facilities Adjustable Rate Notes to finance the purchase or acquisition of community infrastructure facilities.


More Definitions of Adjustable Rate Notes

Adjustable Rate Notes. “Consolidated Adjustable Rate Note - This Note amends and restates in their entirety, and is given in substitution for, the Notes described in Exhibit A of the New York Consolidation, Extension, and Modification Agreement dated the same date as this Note.” Inform the Seller that this language should be included at the top of the Consolidated Note going forward. The Consolidated Note delivered is a copy, not the original. Fail Loan - The Consolidated Note delivered must be the original. Contact Seller to correct. The following documents must be originals: • Consolidated Note (signed by Xxxxxxxx(s). • Assignment, if not registered in MERS. The following documents can be copies: • CEMA, Form 3172 (or Xxxxxx Xxx approved equivalent) (certified copy). - Exhibits A, B, C and D. A post-May 2001 CEMA is submitted with copies of all prior Notes. Certify Loan – Xxxxxx Xxx no longer requires prior Notes to be delivered with CEMAs dated after May 2001. The Document Custodian is not required to certify the prior Note copies and can file them with the CEMA. For post-May 2001 CEMAs: • The form used must be the (new) Form 3172 (revised 5/01). • Xxxxxx Xxx no longer requires that all prior Notes be held by the Document Custodian, provided that the Document Custodian has the original Consolidated Note. However, if the CEMA is dated before May 2001, the Document Custodian must hold all original prior Notes (and GAP Note, if applicable). Copy of the Consolidated Note (Exhibit C) is not signed by the Borrower(s). Certify Loan – The copy of the Consolidated Note (Exhibit C) does not need to show the Borrower(s) signature(s). However, Document Custodian must verify that the original Consolidated Note is signed. Sample CEMA Form 3172 The following pages are samples provided for informational purposes only. They are not intended to reflect Document Custodian certification requirements.
Adjustable Rate Notes. Any one of the Notes substantially in the form attached to the Adjustable Rate Indenture as Exhibit A.
Adjustable Rate Notes means the Company's Adjustable Rate Series A Senior Notes due November 15, 2005 and Adjustable Rate Series B Senior Notes due November 15, 2008 (as amended, supplemented or restated from time to time).
Adjustable Rate Notes means those Notes whose terms provide for the adjustment, by auction, by reference to an index or otherwise, of the interest rate to be borne by such Notes periodically prior to their stated maturity and may, under the terms of a Supplemental Indenture, provide for mandatory tender or tender optionally upon demand of the Registered Owner thereof.

Related to Adjustable Rate Notes

  • Adjustable Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • Floating Rate Notes means the Class A-2b Notes.

  • Fixed Rate Notes Together, the Class A-1a Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • Variable Rate Bonds means Current Interest Bonds, which may be either Serial Bonds or Term Bonds, issued with a variable, adjustable, convertible or other similar interest rate which is not fixed in percentage for the entire term thereof at the date of issue, which Bonds may also be Option Bonds. Section 102.Rules of Construction. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Unless the context shall otherwise indicate, the words "Bond," "Escrow Agent," "Owner," "person," "Paying Agent," and "Bond Registrar" shall include the plural as well as the singular number and the word "person" shall mean any individual, corporation partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. All references to applicable provisions of Law shall be deemed to include any and all amendments thereto.

  • Floating Rate Note means any Class A-2b Note.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Interest Rate Cap means any interest rate cap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.48%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.15% per annum with respect to the Class A Notes.

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A-2a Interest Rate means 0.45% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.915 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.025 % 1.025 % BBB by Standard & Poor’s Baa2 by Moody’s 0.125 % 1.125 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.300 % 1.300 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.300% as to any Base Rate Advance and 1.300% as to any LIBO Rate Advance.

  • Weighted Average Net Mortgage Interest Rate As to any Distribution Date, a rate per annum equal to the average, expressed as a percentage of the Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date, weighted on the basis of the respective Scheduled Principal Balances of such Mortgage Loans.

  • Fixed Rate Certificates As specified in the Preliminary Statement.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].