Interest Rate Adjustment Date definition

Interest Rate Adjustment Date. With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.
Interest Rate Adjustment Date means the date on which an adjustment to the Mortgage Interest Rate with respect to each Mortgage Loan becomes effective.
Interest Rate Adjustment Date. With respect to an ARM Mortgage Loan, the date on which an adjustment to the Mortgage Interest Rate on a Mortgage Note becomes effective.

Examples of Interest Rate Adjustment Date in a sentence

  • Interest Rate Adjustment Date: With effect from Interest Payment Date.

  • Patrice Barrentine noted that essential workers, including grocery and retail, are going to be able to get the vaccine starting in early February.

  • As a result, the Weighted Average Next Interest Rate Adjustment Date will default to zero.

  • The Applicable Rate shall be determined on each Interest Rate Adjustment Date, and the Applicable Rate as determined on any Interest Rate Adjustment Date shall become effective on such Interest Rate Adjustment Date and shall remain in effect until the then next succeeding Interest Rate Adjustment Date.

  • When an ARM loan passes its last Next Interest Rate Adjustment Date, we do not publish a value in that field nor publish a corresponding record in record type 2 of the Security Supplemental file.


More Definitions of Interest Rate Adjustment Date

Interest Rate Adjustment Date for each Mortgage Loan means any date on which the Loan Rate is adjusted in accordance with the related Credit Line Agreement.
Interest Rate Adjustment Date. With respect to each Mortgage Loan, the date or dates on which the Mortgage Rate is adjusted in accordance with the related Mortgage Note.
Interest Rate Adjustment Date. As to each Mortgage Loan, the Due Date on which an adjustment to the Mortgage Interest Rate of such Mortgage Loan becomes effective.
Interest Rate Adjustment Date means, with respect to an Adjustable Rate Mortgage Loan, the date on which the Mortgage Interest Rate is adjusted with respect to such Mortgage Loan. The first Interest Rate Adjustment Date for each Adjustable Rate Mortgage Loan is set forth on the Mortgage Loan Schedule.
Interest Rate Adjustment Date means with respect to each adjustable rate Mortgage Loan, the date, specified in the related Mortgage Note and the Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.
Interest Rate Adjustment Date. The date on which an adjustment to the Mortgage Interest Rate on a Mortgage Note becomes effective.
Interest Rate Adjustment Date. With respect to each HELOC, the date or dates on which the Loan Rate is adjusted in accordance with the related Loan Agreement.