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.
Interest Adjustment Date means the last day of each Interest Period.
Interest Adjustment Date. With respect to each ARM Loan, the date on which the related Mortgage Interest Rate changes in accordance with the terms of such Mortgage Note, the first of which is set forth in such Mortgage Note and on the respective Servicer Mortgage Loan Schedule.
Examples of Interest Adjustment Date in a sentence
Interest on such Eurodollar Fixed Rate Loan shall be payable on each Interest Adjustment Date with respect to an Interest Period (provided that if an Interest Period shall exceed three months, the interest must be paid every three months, commencing three months from the beginning of such Interest Period).
Interest on such Term RFR Loans shall be payable on each Interest Adjustment Date with respect to an Interest Period (provided that if an Interest Period shall exceed three months, the interest must be paid every three months, commencing three months from the beginning of such Interest Period).
More Definitions of Interest Adjustment Date
Interest Adjustment Date. With respect to an Adjustable Rate Mortgage Loan, the date on which an adjustment to the Mortgage Interest Rate on a Mortgage Note becomes effective.
Interest Adjustment Date means the date shown in the Registered Mortgage as the date to which we calculate accrued interest on money advanced to you. This date will be before your first regular payment period. This is the date the Term starts.
Interest Adjustment Date means each date on which a new Flexible Rate Term or Term Rate Term, as the case may be, begins as provided in Section 501(D) and Section 601(D), respectively, of Appendix A hereto.
Interest Adjustment Date means the interest adjustment date, if any, set out or referred to in item 5(c) of the Mortgage Form;
Interest Adjustment Date means the interest adjustment date shown on the mortgage form or a revised date as the lender may establish;
Interest Adjustment Date means the date shown below in Section 2.4(2) as the date to which we calculate accrued interest on money advanced to you. This date will be before your first regular payment period. This is the date the Term starts.
Interest Adjustment Date means the earlier of either the last day of an Interest Period or the Termination Date.