Adjustment Date definition

Adjustment Date. As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.
Adjustment Date. With respect to each Adjustable-Rate Mortgage Loan, the first day of the month in which the Mortgage Rate of such Mortgage Loan changes pursuant to the related Mortgage Note. The first Adjustment Date following the Cut-off Date as to each Adjustable-Rate Mortgage Loan is set forth in the Mortgage Loan Schedule.
Adjustment Date as defined in the Pricing Grid.

Examples of Adjustment Date in a sentence

  • Subject to any mathematical correction as permitted by the Financing Order, the revised Storm Recovery Charges resulting from a Storm Recovery Charge Adjustment shall be effective as of the applicable Adjustment Date, and the Servicer shall begin to bill the Storm Recovery Charges to Customers commencing in the first billing cycle following the Adjustment Date in accordance with the Financing Order.

  • The Servicer shall implement the revised Securitized Utility Tariff Charges, if any, resulting from such Semi-Annual True-Up Adjustment on the Semi-Annual Adjustment Date or Quarterly Adjustment Date, as the case may be.


More Definitions of Adjustment Date

Adjustment Date. With respect to each Mortgage Loan, each adjustment date on which the related Loan Rate changes pursuant to the related Mortgage Note. The first Adjustment Date following the Cut-Off Date as to each Mortgage Loan is set forth in the Mortgage Loan Schedule.
Adjustment Date. With respect to each adjustable-rate Mortgage Loan, each date set forth in the related Mortgage Note on which an adjustment to the interest rate on such Mortgage Loan becomes effective.
Adjustment Date. As to any Adjustable Rate Mortgage Loan, the first Due Date on which the related Mortgage Rate adjusts as set forth in the related Mortgage Note and each Due Date thereafter on which the Mortgage Rate adjusts as set forth in the related Mortgage Note.
Adjustment Date. A date specified in each Mortgage Note as a date on which the Mortgage Rate on the related Mortgage Loan will be adjusted.
Adjustment Date shall have the meaning assigned to such term in the definition ofPricing Grid.”
Adjustment Date shall have the meaning set forth in Section 4.3.E.
Adjustment Date means the first Index Calculation Day of each calendar month.