Initial Interest Adjustment Date definition

Initial Interest Adjustment Date means the first day of the month following the month during which Lenders shall have received the quarterly financial statements required to be delivered pursuant to Section 9.8 for the fiscal quarter ending on or about December 31, 2005.
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Related to Initial Interest Adjustment Date

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Actual Interest Amount is defined in Section 3.1(b)(vii) of this Agreement.

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.