Change Dates. The interest rate will automatically be adjusted on July 1, 2017 and on the first day of the month each month thereafter (each a “Change Date”), until such time as Borrower may request a conversion to the Variable Interest Rate pursuant to the Annual Option to Convert Interest Rate Product in Section 3.6.1 below, at which time the Variable Rate provisions in Section 3.6 shall apply. On each Change Date Lender will calculate the new interest rate by adding or subtracting the Applicable Margin to the LIBOR Rate.
Change Dates. 1. For positions eligible for evaluation under the previous Terms of Reference (last revision July 11, 1995), the date of a change in a job description or wage/salary rate will normally be that date where the change actually occurred or that established by the Referee, the Committee, or mutual agreement between the Association and the Administration.
Change Dates. The Monthly Deposit Amount will be subject to adjustment each calendar year. The date on which any adjustment in the Monthly Deposit Amount becomes effective is called a “Change Date.” The Change Date will fall in the same month each year as the month in which the related Five Year Hedge became effective. The Change Date will be the Servicing Payment Date of that month. The first Change Date related to a Five Year Hedge will occur in the next calendar year after such Hedge became effective. Subsequent Change Dates will fall on the Servicing Payment Date for that same month each following calendar year. Whenever a Subsequent Hedge which will be a Five Year Hedge is purchased, the Change Date will change. The new Change Date will fall on the Servicing Payment Date for the month in which the new Five Year Hedge became effective, commencing in the next calendar year after such Hedge became effective. Subsequent Change Dates will fall on the Servicing Payment Date for that same month each following calendar year unless again changed in accordance with this subsection.
Change Dates. The interest rate I will pay may change on the first day of August 1, 2015 and on that day every 12 months thereafter. Each date on which my interest rate could change is called a “Change Date”.
Change Dates. The Variable Annual Interest Rate may change on each of the following: First Change Date Subsequent Change Dates if Borrower receives Notice from Lender that an Index Conversion Event occurs, on the applicable Index Conversion Change Date specified in such Notice Each of the First Change Date, the Subsequent Change Dates, and any Index Conversion Change Dates is a “Change Date.” The new Variable Annual Interest Rate will become effective on each Change Date.
Change Dates. The interest rate charged under this Note shall be reset on November 4, 1999 ("First Change Date") (effective for monthly payments beginning on November 4, 1999 through November 3, 2002), and on November 4, 2002 ("Second Change Date") (effective for monthly payments beginning on November 4, 2002 through the Maturity Date of this Note). The First Change Date and the Second Change Date are hereinafter referred to collectively as the "Change Dates."
Change Dates. The interest rate may change as of the first day of July, 2005, and on that day every year thereafter. Each date on which the interest rate could change is called a “Change Date”.
Change Dates. The interest rate I will pay will change on the 1stt of each month in accordance with Paragraph (e)(iii) below. The date on which my interest rate changes is called a “Change Date.”
