Notice of Interest Rate Change. Before each Payment Change Date, Lender shall re-calculate the Adjustable Rate and shall notify Borrower (in the manner specified in the Security Instrument for giving notices) of any change in the Adjustable Rate and the Required Monthly Payment.
Appears in 7 contracts
Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Bre Properties Inc /Md/), Fixed+1 Multifamily Note (NNN Apartment REIT, Inc.)