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Adjustment Date

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Adjustment Date
In an adjustable rate mortgage or other variable rate loan, the date on which the interest rate changes. The adjustment date occurs regularly, but how often it occurs depends upon the adjustment frequency.


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An adjustment of the purchase price will be conducted on or before December 31, 2005 on the basis of the gross rentals as at the adjustment date, capitalized at the agreed yields.
An adjustment of the purchase price will be conducted on December 31, 2005 on the basis of the gross rentals as at the adjustment date, at the agreed yields.
Initial Period": A numeric code that defines the eligible months to the first interest rate adjustment date for the mortgages in each PC pool 4.
 
 
 
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