Adjustable Rate Definition Example

This example Adjustable Rate definition appears in 2 contracts from 1 company

Adjustable Rate. From and after each Rate Change Date until the next Rate Change Date, the Adjustable Rate shall be the sum of (i) the Current Index, and (ii) the Margin, which sum is then rounded to three decimal places, subject to the limitations that the Adjustable Rate shall not be less than the Margin.
Landmark Apartment Trust, Inc. Contracts

FIXED+1 MULTIFAMILY NOTE US $21,612,000.00 August 1, 2007 (Filed With SEC on August 7, 2007)

FIXED+1 MULTIFAMILY NOTE US $17,651,000.00 March 31, 2008 (Filed With SEC on April 4, 2008)

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