Common use of Preliminary, Nonbinding Quote Clause in Contracts

Preliminary, Nonbinding Quote. At the Borrower’s request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Advance) for a Xxxxxx Xxx MBS backed by a proposed Advance. The Lender’s quote shall be based on (i) a solicitation of bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s 's request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Advance) for a Xxxxxx Xxx MBS backed by a proposed Advance). The Lender’s 's quote shall be based on (i1) a solicitation of bids from institutional investors selected by the Lender and (ii2) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Base Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Revolving Advance) for a Xxxxxx Xxx Fxxxxx Mxx MBS backed by a proposed Advance. The Lender’s quote shall be based on (i) a solicitation of at least three (3) bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed pro+posed Base Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Revolving Advance) for a Xxxxxx Xxx Fxxxxx Mxx MBS backed by a proposed Advance. The Lender’s quote shall be based on (i) a solicitation of at least three (3) bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s 's request the ----------------------------- Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Base Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Revolving Advance) for a Xxxxxx Xxx Fannie Mae MBS backed by a proposed Advance. The Lender’s 's quote shall be based sxxxx xe xxsed on (i) a solicitation of at least three (3) bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s 's request the ----------------------------- Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed pro+posed Base Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Revolving Advance) for a Xxxxxx Xxx MBS backed by a proposed Advance. The Lender’s 's quote shall be based on (i) a solicitation of at least three (3) bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s 's request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Base Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Revolving Advance) for a Xxxxxx Fannxx Xxx MBS XXX backed by a proposed Advance. The Lender’s 's quote shall be based on (i) a solicitation of bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.

Preliminary, Nonbinding Quote. At the Borrower’s 's request the Lender shall quote to the Borrower an estimate of the MBS Pass-Through Rate (for a proposed Fixed Facility Advance) or MBS Imputed Interest Rate (for a proposed Variable Advance) for a Xxxxxx Xxx Fannie Mae MBS backed by a proposed Advance. The Lender’s 's quote shall be based shalx xx xaxxx on (i) a solicitation of bids from institutional investors selected by the Lender and (ii) the proposed terms and amount of the Advance selected by the Borrower. The quote shall not be binding upon the Lender.