Periodic Adjustment Date definition

Periodic Adjustment Date means each October 1st and May 1st occurring after the Third Restatement Adjustment Date.
Periodic Adjustment Date means the date that is two (2) Business Days prior to the end of each quarter occurring after the Effective Date.

Examples of Periodic Adjustment Date in a sentence

  • At least one (1) year prior to each scheduled Periodic Adjustment Date and in accordance with Section 5.2.2 above, the Parties may (but are not required to), in good faith, negotiate the FMV Rent for the year following such Period Adjustment Date.

  • City shall make every effort to present the FMV Rent for approval to the Board prior to the Periodic Adjustment Date.

  • Any such adjusted Prices shall become applicable commencing with the relevant Periodic Adjustment Date.

  • If the Parties cannot reach agreement on the FMV Rent or the Board does not approve the agreed upon FMV Rent as described in Section 5.2.2.1 at least nine (9) months prior to the scheduled Periodic Adjustment Date, then the Parties shall determine FMV Rent by the procedures described in Sections 5.2.2.3 through 5.2.2.5 below.

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  • At least one (1) year prior to the scheduled Periodic Adjustment Date and in accordance with Article 1, Section 4.2.2 above, the parties may (but are not required to), in good faith, negotiate the rental rate(s) applicable to the subject adjustment period(s) as referenced above.

  • If the parties cannot reach agreement on the rental rate(s) or the Board does not approve the agreed upon rental rate(s) as described in Article 1, Section 4.2.2.1 at least nine (9) months prior to the scheduled Periodic Adjustment Date, then the parties shall determine the Monthly Rent by the procedures described in Article 1, Sections 4.2.2.3 through 4.2.2.5 below.

  • Should City choose to adopt this adjustment option, City will provide written notice to Lessee no later than ten (10) months prior to the Periodic Adjustment Date of the intention to adjust land and improvements separately.

  • At least one (1) year prior to the scheduled Periodic Adjustment Date and in accordance with Section 6.2.2 above, the parties may (but are not required to), in good faith, negotiate the rental rate(s) applicable to the subject adjustment period(s) as referenced above.

  • Either Lessee or City shall, when notified in writing by the other to do so, deliver to the other party the name and address of such appraiser (each, selected Qualified Appraiser, a “Main Appraiser”) no later than the date that is nine (9) months prior to the scheduled Periodic Adjustment Date.

Related to Periodic Adjustment Date

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • 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.

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Rate Adjustment Date With respect to each ARM Loan, the date on which the Note Rate adjusts.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Adjustment Day means the first calendar day in each month.

  • LIBOR Rate Adjustment Date With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Interest Accrual Period.

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Spread Adjustment means 100 basis points.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Financing Costs Adjustment Date means each of the following days:

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.