1 Year TCMI

Example Definitions of "1 Year TCMI"
1 Year TCMI. Means a Fixed Rate which is equal to the then current weekly or monthly average, as selected by Lender in its sole discretion, of the one (1) year U.S. Treasury Constant Maturity Index as published by The Federal Reserve Board of the United States in the most recent H.15 on or before fifteen days prior to the Conversion Date, which rate will change at the end of each such one (1) year interest rate period. If the Federal Reserve Board of the United States discontinues publication of the H.15,... Lender in its sole discretion will select another authoritative source for said index. View More Arrow
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