Payment Change Date definition

Payment Change Date means the first day of the next succeeding Accrual Period that follows each Reset Date until this Note is repaid in full.

Payment Change Date. The first day of the month following each Rate Change Date.

Payment Change Date. The first day of the month following each Rate Change Date until this Note is repaid in full. Property Jurisdiction: The jurisdiction in which the Land is located.

Examples of Payment Change Date in a sentence

• Thereafter, to the extent that the Adjustable Rate has changed, the Required Monthly Payment shall change on each Payment Change Date based on the then-applicable Adjustable Rate.

• 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.

• Payment Change Date The first (1st) day of the month following each Rate Change Date until the Advance is fully paid.

• Before each Payment Change Date, Lender shall re-calculate the Adjustable Rate and shall notify Borrower (in the manner specified in Section 18 of this Note for giving notices) of any change in the Required Monthly Payment.

• Before each Payment Change Date, Lender shall calculate the Required Monthly Payment due on the next Payment Change Date and shall notify Borrower (in the manner specified in the Security Instrument for giving notices) of the Required Monthly Payment next due.

More Definitions of Payment Change Date

Payment Change Date has the meaning set forth in the applicable Schedule of Advance Terms.

Payment Change Date. The first day of the month following each Rate Change Date until this Note is repaid in full.

Payment Change Date has the meaning set forth in the Summary of Loan Terms.

Payment Change Date. The first day of the month following each Rate Change Date until this Note is repaid in full. Prepayment Lockout Period: That period of time as may be stated in Schedule A attached hereto, if any. Prepayment Premium Term: The period beginning on the Disbursement Date and ending on the last calendar day of the fourth (4th) month prior to the month in which the Maturity Date occurs.

Payment Change Date means October 1, 2011 and each April 1st and October 1st thereafter to and including April 1, 2016.

Payment Change Date. The first day of each month following the [First Payment Date] [or if the Advance is a Partial Interest-Only Advance: First Interest Only Payment Date] until this Note is repaid in full.

Payment Change Date. The first day of the month following each Rate Change Date. Principal and Interest Period: From September 1, 2020 to and including February 28, 2023.