Common use of Rate Quotes Clause in Contracts

Rate Quotes. Not later than five (5) Business Days after the Company shall have given Prudential a Request for Purchase pursuant to paragraph 2A(3), Prudential may but shall be under no obligation to, provide to the Company by telephone or telefacsimile, in each case between 9:30 A.M. and 1:00 P.M. New York City local time (or such other time as Prudential may elect) interest rate quotes for the several currencies, principal amounts, maturities, prepayment schedules and interest payment periods of Private 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"). Each Quotation shall represent the interest rate per annum payable on the outstanding principal balance of such Private Shelf Notes until such balance shall have become due and payable, at which Prudential or a Prudential Affiliate would be willing to purchase such Private Shelf Notes at 100% of the principal amount thereof.

Rate Quotes. Not later than five (5) Business Days after the Company shall have given Prudential a Request for Purchase pursuant to paragraph 2A(3)2E, Prudential may may, but shall be under no obligation to, provide to the Company by telephone or telefacsimiletelecopier, in each case between 9:30 A.M. and 1:00 2:00 P.M. New York City local time (or such other later time as Prudential may elect) interest rate quotes for the several currencies, principal amounts, maturities, principal prepayment schedules schedules, interest rate options (fixed or floating) and interest payment periods (in the case of Private Fixed Rate Shelf Notes) 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")Purchase. Each Quotation quote shall represent the interest rate per annum (or, in the case of Floating Rate Shelf Notes, shall represent the applicable LIBOR Rate Margin and Base Rate Margin) payable on the outstanding principal balance of such Private Shelf Notes until such balance shall have become due and payable, at which Prudential or a Prudential Affiliate would be willing to purchase such Private Shelf Notes at 100% of the principal amount thereof.

Rate Quotes. Not later than five (5) Business Days after the Company shall have given Prudential a Request for Purchase pursuant to paragraph 2A(32B(3), Prudential may may, but shall be under no obligation to, provide to the Company by telephone or telefacsimile, in each case between 9:30 A.M. a.m. and 1:00 P.M. 1:30 p.m. New York City local time (or such other time as Prudential may elect) interest rate quotes (which quotes will be for fixed interest rates only) for the several currencies, principal amounts, maturities, principal prepayment schedules and schedules, interest payment periods and Reinvestment Yield of Private 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"“Quotation”). Each Quotation shall represent the interest rate per annum payable on the outstanding principal balance of such Private Shelf Notes until such balance shall have become due and payable, at which Prudential or a Prudential Affiliate would be willing to purchase such Private Shelf Notes at 100% of the principal amount thereofthereof and shall specify the time period (to be 2 minutes or such lesser or greater time agreed by Prudential in its sole discretion) within which the Company may elect to accept the Quotation (the “Acceptance Window”).

Rate Quotes. Not later than five (5) Business Days after the Company shall have given Prudential a Request for Purchase pursuant to paragraph 2A(3), Prudential may but shall be under no obligation to, provide to the Company by telephone or telefacsimiletelecopier, in each case between 9:30 A.M. and 1:00 1:30 P.M. New York City local time (or such other later time as Prudential may elect) interest rate quotes for the several currencies, principal amounts, maturities, principal prepayment schedules and interest payment periods of Private 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"“Quotation”). Each Quotation shall represent the interest rate per annum payable on the outstanding principal balance of such Private Shelf Notes until such balance shall have become due and payable, at which Prudential or a Prudential Affiliate would be willing to purchase such Private Shelf Notes at 100% of the principal amount thereof.. 15365.013

Rate Quotes. Not later than five (5) Business Days after the Company shall have given Prudential a Request for Purchase pursuant to paragraph 2A(3Section 2.2(c), Prudential may may, but shall be under no obligation to, provide to the Company by telephone or telefacsimilein accordance with the notice provisions in Section 18, in each case between 9:30 A.M. and 1:00 1:30 P.M. New York City local time (or such other later time as Prudential may elect) interest rate or margin quotes for the several currencies, principal amounts, maturities, principal prepayment schedules schedules, if any, and interest payment periods of Private 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"“Quotation”). Each Quotation relating to a Shelf Note shall represent the interest rate per annum payable on the outstanding principal balance of such Private Shelf Notes until such balance shall have become due and payable, at which Prudential or a Prudential Affiliate Party would be willing to purchase such Private Shelf Notes at 100% of the principal amount thereof.thereof and any Make-Whole Amount in the case of any early prepayment of such Shelf Note. MSC Industrial Direct Co., Inc. Note Purchase and Private Shelf Agreement