## Examples of *Adjusted CD Rate* in a sentence

The Borrower shall pay interest on the unpaid principal amount of each CD Rate Loan for each Interest Period applicable to such Loan, payable on each Interest Payment Date, at an interest rate per annum calculated on a 360-Day Basis, equal to the

**Adjusted CD Rate**applicable to such Interest Period plus the Applicable Margin in effect at the commencement of such Interest Period.The following terms as used herein! shall have the following meanings:

**Adjusted CD Rate**shall mean, with respect to any CD Rate Loan, for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to the sum of (a) a rate per annum equal to the product of (i) the Fixed CD Rate in effect for such Interest Period, and (ii) Statutory Reserves, plus (b) the Assessment Rate.