Adjustable Interest Rate

Example Definitions of "Adjustable Interest Rate"
Adjustable Interest Rate. The variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the fifth (5th) decimal place if necessary) plus the Margin
Found in Steadfast Income REIT, Inc. contract
Adjustable Interest Rate. The variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the fifth (5th) 5th decimal place if necessary) plus the Margin Margin. However, in no event will the Adjustable Interest Rate exceed the Capped Interest Rate.
Found in CNL Growth Properties, Inc. contract
Adjustable Interest Rate. The variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the fifth (5th) 5th decimal place if necessary) plus the Margin Margin. However, in no event will the Adjustable Interest Rate exceed the Capped Interest Rate.
Found in PREFERRED APARTMENT COMMUNITIES INC contract
Adjustable Interest Rate. The variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the fifth (5th) 5th decimal place if necessary) plus the Margin Margin. However, in no event will the Adjustable Interest Rate exceed the Capped Interest Rate.
Found in PREFERRED APARTMENT COMMUNITIES INC contract
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