Common use of Rate Quotes Clause in Contracts

Rate Quotes. Not later than five Business Days after the Company shall have given MetLife a Request for Purchase pursuant to Section 2(d), MetLife may, but shall be under no obligation to, provide to the Company by telephone, email or telecopier, in each case between 9:30 A.M. and 1:30 P.M. New York City local time (or such later time as MetLife may elect) interest rate quotes for the several principal amounts, maturities, principal prepayment schedules, interest payment periods (quarterly or semi‑annually in arrears) of Shelf Notes specified in such Request for Purchase and the Acceptance Window for such quote. Each quote (i) relating to a Shelf Note bearing a fixed interest rate, shall represent the interest rate per annum payable on the outstanding principal balance of such Shelf Note at which MetLife or a MetLife Party would be willing to purchase such Shelf Note at 100% of the principal amount thereof and (ii) relating to a Shelf Note bearing a floating interest rate, shall include the LIBOR Rate Note Margin at which MetLife or a MetLife Party would be willing to purchase such Shelf Note at 100% of the principal amount thereof and any Applicable Premium in the case of any early prepayment of such Shelf Note.

Rate Quotes. Not later than five (5) Business Days or, in the event the Company has attached a material modification to any representation or warranty to a Request for Purchase pursuant to Section 4.1, not later than ten (10) Business Days, after the Company shall have given MetLife a Request for Purchase pursuant to Section 2(d), MetLife may, but shall be under no obligation to, provide to the Company by telephonee-mail (with confirmation of receipt), email telephone or telecopiertelefacsimile, in each case between 9:30 A.M. and 1:30 P.M. (New York City local time time) (or such later time as MetLife may elect) (i) interest rate quotes for the several principal amounts, maturities, principal prepayment schedules, and interest payment periods (quarterly or semi‑annually in arrears) of Shelf Notes specified in such Request for Purchase (each such interest rate quote provided in response to a Request for Purchase herein called a “Quotation”) and (ii) the Acceptance Window designated by MetLife with respect to such interest rate quote provided in response to a Request for such quotePurchase. Each quote Quotation (i) relating to a Shelf Note bearing a fixed interest rate, shall represent the interest rate per annum payable on the outstanding principal balance of such Shelf Note Notes at which MetLife or a MetLife Party Affiliate would be willing to purchase such Shelf Note Notes at 100% of the principal amount thereof and (ii) relating to a Shelf Note bearing a floating interest rate, shall include the LIBOR Floating Rate Note Margin at which MetLife or a MetLife Party Affiliate would be willing to purchase such Shelf Note Notes at 100% of the principal amount thereof and any Applicable Premium in the case of any early prepayment of such Shelf Note.

Rate Quotes. Not later than five Business Days after the Company shall have given MetLife a Request for Purchase pursuant to Section 2(d2.2(c), MetLife may, but shall be under no obligation to, provide to the Company by telephone, email or telecopierin accordance with the notice provisions in Section 18, in each case between 9:30 A.M. and 1:30 P.M. New York City local time (or such later time as MetLife may elect) interest rate or margin quotes for the several principal amounts, maturities, principal prepayment schedules, if any, and interest payment periods (quarterly or semi‑annually in arrears) of Shelf Notes specified in such Request for Purchase and the Acceptance Window (each such interest rate quote provided in response to a Request for such quotePurchase herein called a “Quotation”). Each quote Quotation (i) relating to a Shelf Note bearing a fixed interest rate, rate shall represent the interest rate per annum payable on the outstanding principal balance of such Shelf Note Notes at which MetLife or a MetLife Party would be willing to purchase such Shelf Note Notes at 100% of the principal amount thereof and (ii) relating to a Shelf Note bearing a floating interest rate, shall include the LIBOR Rate Note Margin at which MetLife or a MetLife Party would be willing to purchase such Shelf Note Notes at 100% of the principal amount thereof and and, in each case, any Make-Whole Amount or any Applicable Premium in the case of any early prepayment of such Shelf Note.