Interest Rate Change Date. The date on which the Mortgage Interest Rate is subject to change as provided in the related Mortgage Note.
Interest Rate Change Date means for each Accrual Period, the date or dates, based on the applicable Index, on which the rate of interest for the Reset Rate Notes bearing interest at a floating rate is to be reset.
Interest Rate Change Date means the date two (2) Business Days after the delivery to Lender of the quarterly or year-end financial statements of Borrowers, which initial change date shall occur after the delivery to Lender of the financial statements of Borrowers for the fiscal year ending in December 2011.
Examples of Interest Rate Change Date in a sentence
Loan Modifications (Pertains only to loans modified for loss mitigation purposes) Numeric – Decimal 0.015 9.999999 Modified Loans Only >= 0 to <= 1 153 Pre-Modification Next Interest Rate Change Date Next Interest Reset Date Under The Original Terms Of The Loan (one month prior to new payment due date).
More Definitions of Interest Rate Change Date
Interest Rate Change Date means the first Business Day of each month.
Interest Rate Change Date means (a) the first business day of Citibank, N.A., in New York, New York, during the calendar month following the date of the initial advance of the loan evidenced by this Note and (b) the first business day of Citibank, N.A., during each successive month thereafter.
Interest Rate Change Date means, (a) with respect to the LIBOR Daily Floating Rate, the first day of each month, and (b) with respect to the Base Rate (including any event as to which such rate of interest is determined with reference to the Alternative Base Rate), Monday of each week; provided, however, that if such date is not a Business Day, then the “Interest Rate Change Date” shall be the next succeeding Business Day.
Interest Rate Change Date means the first day of each one-month period; provided, however, that if any such day is not a Business Day, at Lender’s option, the Interest Rate Change Date shall be the next succeeding Business Day.
Interest Rate Change Date means the date two (2) Business Days after the delivery to Lender of the quarterly or year-end financial statements of the Borrowers, which initial change date shall occur after the delivery to Lender of the financial statements of the Borrowers for the fiscal year ending September 30, 2008.
Interest Rate Change Date means for each Accrual Period, the date or dates, based on the applicable Index, on which the rate of interest for any class of Notes bearing interest at a floating rate is to be reset.