Adjustment Date definition

Adjustment Date. As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.
Adjustment Date. With respect to each Adjustable-Rate Mortgage Loan, the first day of the month in which the Mortgage Rate of such Mortgage Loan changes pursuant to the related Mortgage Note. The first Adjustment Date following the Cut-off Date as to each Adjustable-Rate Mortgage Loan is set forth in the Mortgage Loan Schedule.
Adjustment Date as defined in the Pricing Grid.

Examples of Adjustment Date in a sentence

  • Failure on the part of State to establish a new rent by the Adjustment Date shall not preclude State from doing so then or thereafter, and the adjusted rent shall be retroactive to the Adjustment Date, unless otherwise provided by State.

  • For these early payment options, a year means the twelve (12) month period that starts on the interest adjustment date and on each anniversary of the Interest Adjustment Date.

  • On or before the Interest Adjustment Date, the Lender may withhold from any advance secured by the hypothecs created under this Contract or require the Borrower to pay, out of any advance of this Contract, any amount the Lender feels necessary to pay current or anticipated future Taxes.


More Definitions of Adjustment Date

Adjustment Date. With respect to each Mortgage Loan, each adjustment date on which the related Loan Rate changes pursuant to the related Mortgage Note. The first Adjustment Date following the Cut-Off Date as to each Mortgage Loan is set forth in the Mortgage Loan Schedule.
Adjustment Date. With respect to each adjustable-rate Mortgage Loan, each date set forth in the related Mortgage Note on which an adjustment to the interest rate on such Mortgage Loan becomes effective.
Adjustment Date. As to any Adjustable Rate Mortgage Loan, the first Due Date on which the related Mortgage Rate adjusts as set forth in the related Mortgage Note and each Due Date thereafter on which the Mortgage Rate adjusts as set forth in the related Mortgage Note.
Adjustment Date. A date specified in each Mortgage Note as a date on which the Mortgage Rate on the related Mortgage Loan will be adjusted.
Adjustment Date shall have the meaning set forth in Section 4.3.E.
Adjustment Date shall have the meaning assigned to such term in the definition ofPricing Grid.”
Adjustment Date means the first Index Calculation Day of each calendar month.