Initial Adjustment Date definition

Initial Adjustment Date. As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.
Initial Adjustment Date. As to any Mortgage Loan in Loan Group II, the first Adjustment Date following the origination of such Mortgage Loan.
Initial Adjustment Date. As to each adjustable rate Mortgage Loan, the first date upon which the monthly interest rate thereon is reset.

Examples of Initial Adjustment Date in a sentence

  • The interest rate stated in this Note is subject to adjustment by the Lender or any subsequent holder of this Note on the Initial Adjustment Date and on subsequent dates established by the Adjustment Frequency Period thereafter.

  • Beginning with the Initial Adjustment Date, the adjustable interest rate will be based on an Index.

  • The variable interest rate shall change to a rate that shall be determined 45 days prior to the Initial Adjustment Date and any subsequent Adjustment Dates and be based upon the 5-year VRM servicing released net yield for 8-week delivery then being required by the Federal Agricultural Mortgage Corporation, adjusted for credit quality, plus «134» field servicing fee.

  • The Labour Component and the Materials Component will be adjusted on and from the Initial Adjustment Date for each Adjustment Period in accordance with the following formula: Where: IA = Indexation Amount.

  • The variable interest rate shall change to a rate that shall be determined 45 days prior to the Initial Adjustment Date and any subsequent Adjustment Dates and be based upon the 10-year VRM servicing released net yield for 8-week delivery then being required by the Federal Agricultural Mortgage Corporation, adjusted for credit quality and initial term to maturity, plus % field servicing fee.


More Definitions of Initial Adjustment Date

Initial Adjustment Date shall have the meaning set forth in Section 5.1(e).
Initial Adjustment Date means August 1, 2005.
Initial Adjustment Date means the date a Compliance Certificate is due under Section 7.01(c) for Borrower’s fiscal quarter ending September 30, 2003.
Initial Adjustment Date has the meaning set forth in Exhibit 2 Product Price and Quantity.
Initial Adjustment Date means February 22, 1999.
Initial Adjustment Date means the date the Company obtains the Principal Market’s approval of the transactions contemplated by the Transaction Documents and the Stockholder Approval.
Initial Adjustment Date. With respect to each Sub-Pool 2 Mortgage Loan, the first adjustment date following the origination of such Mortgage Loan.