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.

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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

Beginning as of the Initial Adjustment Date and continuing on each Adjustment Date thereafter, the Base Rent shall be increased to equal the product achieved by multiplying the initial Base Rent amount by a fraction, the numerator of which shall be an amount equal to the sum of (i) the Beginning Index plus (ii) two-thirds (2/3) of the amount, if any, by which the Adjustment Index is greater than the Beginning Index, and the denominator of which will be the Beginning Index.
The Base Rent, commencing on the first day of the calendar month immediately following the calendar month in which the third anniversary of the Commencement Date occurs ("INITIAL ADJUSTMENT DATE") shall be adjusted in accordance with the provisions of this Section 3.3 and shall, thereafter, be adjusted annually on each anniversary of the Initial Adjustment Date (each date an "ADJUSTMENT DATE") during the balance of the Term (including the First Extended Term and the Second Extended Term, if applicable).
The Index published and in effect on the 30th day preceding the Initial Adjustment Date and on the 30th day preceding each Adjustment Date thereafter ("ADJUSTMENT INDEX") is to be used in determining the amount of the increase from one year to the next.
On the Closing Date and until the Initial Adjustment Date, the Mortgage Interest Rate is and shall be as set forth on the subject Mortgage Loan Schedule.
At any Adjustment Date, the percentage change in the BLS Producer Price Index: Series ID PCU212322212322S — Industrial Sand Mining, Secondary Products shall be calculated using the latest available monthly index over the monthly index for the prior Adjustment Date (or, in the case of the Initial Adjustment Date, the monthly index for the Effective Date) and not on any average of the monthly index between the two measuring points.

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. As to each Mortgage Loan, its first Adjustment Date after the Delivery Date.

Initial Adjustment Date means the date a Compliance Certificate is due under Section 7.01(c) for Borrower’s fiscal quarter ending June 30, 2004.

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 has the meaning set forth in Exhibit 2 Product Price and Quantity.

Initial Adjustment Date means February 22, 1999.

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