Adjustable Interest Rate

Example Definitions of "Adjustable Interest Rate"
Adjustable Interest Rate. Means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for each Interest Adjustment Period (truncated at the fifth (5th) decimal place if necessary) plus the Margin. However, in no event will the Adjustable Interest Rate exceed the Capped Interest Rate.
Found in ANGELES INCOME PROPERTIES LTD II contract
Adjustable Interest Rate. Means 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 PALADIN REALTY INCOME PROPERTIES INC contract
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