Adjustment Date

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.
References in periodicals archive ?
The change shall be determined by comparison of the figure for a date which is 12 months prior to the adjustment date.
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.
The bonds are subject to mandatory tender upon (1) changes in interest rate modes; (2) expiration or substitution of the LOC; (3) an interest rate adjustment date (except during daily and weekly rate modes); and (4) the interest rate reaching the maximum rate allowed under the indenture.
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.
Power Approved Number of Tariff Effective Plant Tariff Utilisation Adjustment Date Adjustment Hours for Corresponding Excessive to Approved Generation Tariff Dalian Adjusted from Existing 4,000 Adjusted June 25, Power RMB321/MWh to hours to from 2004 Plant RMB323/MWh remain RMB225/MWh unchanged to RMB230/MWh Dandong Adjusted from Existing 4,000 Adjusted June 25, Power RMB330/MWh to hours to from 2004 Plant RMB332/MWh remain RMB215/MWh unchanged to RMB230/MWh
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.
The bonds are subject to mandatory tender upon (1) changes in interest rate modes; (2) expiration or substitution of the LOCs; (3) an interest rate adjustment date (except during daily and weekly rate modes); and (4) the interest rate reaching the maximum rate allowed under the indenture.
The following table presents the variable rate indebtedness of the Company as of September 30, 2001 (in millions) summarized by the interest rate adjustment dates, along with the actual prime rate in effect on the most recent adjustment date:
The applicable interest rate earned on the Class A certificates will be adjusted on the first business day of every January, April, July and October using the lowest prime lending rate published in the Eastern edition of The Wall Street Journal on the applicable adjustment date.
Except in the auction mode, series 1998T bondholders may tender bonds on any interest adjustment date.
The mortgage rate adjustment will not increase or decrease by more than 2% on any adjustment date and 7% over the life of the loan.