Subsequent Adjustment Date definition

Subsequent Adjustment Date shall have the meaning set forth in Section 4.3.
Subsequent Adjustment Date. With respect to any Mortgage Loan, each adjustment date occurring on an anniversary of the related Initial Adjustment Date.
Subsequent Adjustment Date means the last date of each calendar year beginning after the Initial Adjustment Date and ending with the calendar year in which occurs the date of death of the Participant.

Examples of Subsequent Adjustment Date in a sentence

  • Upon the occurrence of an Adjustment on the First Adjustment Date or any Subsequent Adjustment Date, all references to a Party’s interest in the Company will be deemed to be references to their interest as adjusted in accordance with this Section 3.7. The Parties agree to take the commercially reasonable steps necessary, advisable or desirable to give full effect to this Section 3.7 (including updating the Shareholders’ Agreement to reflect any 0.5% Adjustment).


More Definitions of Subsequent Adjustment Date

Subsequent Adjustment Date means February 16 in the years the Loan remains outstanding other than the Initial Adjustment Date.
Subsequent Adjustment Date has the meaning set forth in Section 2.03(a)(ii)(B).