Monthly Rate Adjustment Date

Example Definitions of "Monthly Rate Adjustment Date"
Monthly Rate Adjustment Date. Means the date one (1) month following the initial Disbursement Date and the same day of the month each month thereafter following, provided, however, that if such day does not fall on a Business Day, then the Monthly Rate Adjustment Date shall be the next following Business Day.
Found in KBS Real Estate Investment Trust, Inc. contract
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