Periodic Spread Information. Provided no Default or Event of Default exists, not later than 9:30 A.M. (New York City local time) on a Business Day during the Issuance Period if there is an Available Facility Amount on such Business Day, the Company may request by telecopier or telephone, and Prudential will, to the extent reasonably practicable, provide to the Company on such Business Day (or, if such request is received after 9:30 A.M. (New York City local time) on such Business Day, on the following Business Day), information (by telecopier or telephone) with respect to various spreads at which Prudential Affiliates might be interested in purchasing Notes of different average lives; provided, however, that the Company may not make such requests more frequently than once in every five Business Days or such other period as shall be mutually agreed to by the Company and Prudential. The amount and content of information so provided shall be in the sole discretion of Prudential but it is the intent of Prudential to provide information which will be of use to the Company in determining whether to initiate procedures for use of the Facility. Information so provided shall not constitute an offer to purchase Notes, and neither Prudential nor any Prudential Affiliate shall be obligated to purchase Notes at the spreads specified. Information so provided shall be representative of potential interest only for the period commencing on the day such information is provided and ending on the earlier of the fifth Business Day after such day and the first day after such day on which further spread information is provided. Prudential may suspend or terminate providing information pursuant to this paragraph 2C for any reason, including its determination that the credit quality of the Company has declined since the date of this Agreement.
Periodic Spread Information. Not later than 9:30 A.M. (New York City time) on a Business Day during the Issuance Period if there is an Available Facility Amount on such Business Day, the Company may request by telecopier or telephone, and MetLife will, to the extent reasonably practicable, provide to the Company on such Business Day (or, if such request is received after 9:30 A.M. (New York City time) on such Business Day, on the following Business Day), information (by telecopier or telephone) with respect to various spreads at which MetLife or MetLife Affiliates might be interested in purchasing Shelf Notes of different average lives; provided, however, that the Company may not make such requests more frequently than once in every five Business Days or such other period as shall be mutually agreed to by the Company and MetLife. The amount and content of information so provided shall be in the sole discretion of MetLife but it is the intent of MetLife to provide information which will be of use to the Company in determining whether to initiate procedures for use of the Facility. Information so provided shall not constitute an offer to purchase Shelf Notes, and neither MetLife nor any MetLife Affiliate shall be obligated to purchase Shelf Notes at the spreads specified. Information so provided shall be representative of potential interest only for the period commencing on the day such information is provided and ending on the earlier of the fifth Business Day after such day and the first day after such day on which further spread information is provided. MetLife may suspend or terminate providing information pursuant to this paragraph 2B(3) for any reason, including its determination that the credit quality of the Company has declined since the date of this Agreement.
Periodic Spread Information. Not later than 9:30 A.M. (New York City local time) on a Business Day during the Issuance Period if there is an Available Facility Amount on such Business Day, the Company may request by telecopier or telephone, and within a reasonable time after such request, Prudential will, to the extent reasonably practicable, provide to the Company on such Business Day (or, if such request is received after 9:30 A.M. (New York City local time) on such Business Day, on the following Business Day), information (by telecopier or telephone) with respect to various spreads at which Prudential or Prudential Affiliates will consider purchasing Private Shelf Notes.
Periodic Spread Information. On any Business Day during the Issuance Period and when an Available Facility Amount exists, the Company may request by Confirmed E-mail Transmission or telephone to New York Life, and New York Life will, to the extent reasonably practicable, provide to the Company on that Business Day (if such request is received not later than 9:30 a.m. New York City local time) or on the following Business Day (if such request is received after 9:30 a.m. New York City local time) information by e-mail transmission or telephone with respect to various spreads at which New York Life Affiliates might be interested in purchasing Notes of different average lives. The Company, however, will not make such a request more frequently than once in every five Business Days or such other period as mutually agreed to in writing by the Company and New York Life. The amount and content of information to be provided is in the sole and absolute discretion of New York Life, but it is the intent of New York Life to provide information that will be of use to the Company in determining whether to submit a Request for Purchase under Section 2.2(d). The delivery of the information requested is not an offer to purchase Notes, and no New York Life Affiliate is obligated to purchase Notes at the spreads specified. New York Life may suspend or terminate providing information pursuant to this Section 2.2(c) for any reason in its sole and absolute discretion, including its determination that the credit quality of the Company has declined since the Execution Date.
Periodic Spread Information. On any Business Day during the Issuance Period on which there is an Available Facility Amount, the Company may request by e-mail or telephone, and Xxxxxxx will, to the extent reasonably practicable, provide to the Company on that Business Day or the following Business Day, information (by e-mail or telephone) with respect to various spreads at which Xxxxxxx or a Xxxxxxx Affiliate might be interested in purchasing Notes of different average lives. The delivery of the information requested is not an offer to purchase Notes by Xxxxxxx or a Xxxxxxx Affiliate, and neither Xxxxxxx nor any Xxxxxxx Affiliate will be obligated to purchase Notes at the spreads specified. Xxxxxxx may, by delivering written notice to the Company of its election to do so, suspend or terminate providing information pursuant to this Section 2.4 if it determines that there has been an adverse change in the credit quality of the Company since the Facility Closing Date.
Periodic Spread Information. On any Business Day during the Issuance Period and when an Available Facility Amount exists, the Company may request by e-mail or telephone to New York Life, and New York Life will, to the extent reasonably practicable, provide to the Company on that Business Day (if such request is received not later than 9:30 A.M.) or on the following Business Day (if such request is received after 9:30 A.M.) information by e-mail or telephone with respect to various spreads at which New York Life Affiliates might be interested in purchasing Notes of different average lives. The Company, however, will not make such a request more frequently than once in every Business Day or such other period as mutually agreed to by the Company and New York Life. The amount and content of information to be provided is in the sole discretion of New York Life, but it is the intent of New York Life to provide information that will be of use to the Company in determining whether to submit a Request for Purchase under Section 2.4. The delivery of the information requested is not an offer to purchase Notes, and neither New York Life nor any New York Life Affiliate is obligated to purchase Notes at the spreads specified. New York Life may suspend or terminate providing information pursuant to this Section 2.3 for any reason in its sole discretion, including its determination that the credit quality of the Company has declined since the date of this Agreement.
Periodic Spread Information. Not later than 10:00 A.M. (New York City local time) on a Business Day during the Issuance Period if there is an Available Facility Amount on such Business Day, the Company may request a purchase of Notes by telecopier or telephone (along with the Request for Purchase described in Section 2.2(d) below), and within a reasonable time after such request, Metropolitan will, to the extent reasonably practicable, provide to the Company information by telecopier or telephone with respect to various spreads over treasuries at which Metropolitan or Metropolitan Affiliates may in their discretion consider purchasing Notes of various different average lives. The Company may not make such requests more frequently than once in every five Business Days or such other period as shall be mutually agreed to by the Company and Metropolitan. The amount and content of information so provided shall be in the sole discretion of Metropolitan, but it is the intent of Metropolitan to provide information which will be of use to the Company in determining whether to initiate procedures for use of the Facility. Information so provided shall not constitute an offer to purchase Notes, and neither Metropolitan nor any Metropolitan Affiliate shall be obligated to purchase Notes at the spreads specified. Information so provided shall be representative of potential interest only for the period of time stipulated by Metropolitan, ending at such time as Metropolitan shall reasonably determine. Metropolitan may suspend or terminate providing information pursuant to this Section 2.2(c) if, in its sole discretion, it determines that there has been an adverse change in the credit quality of the Company after the date of this Agreement.
Periodic Spread Information. Not later than 9:30 A.M. (New York City local time) on a Business Day during the Issuance Period if there is an Available Facility Amount on such Business Day, the Company may request by telecopier or telephone, and Prudential will, to the extent reasonably practicable, provide to the Company on such Business Day (or, if such request is received after 9:30 A.M. (New York City local time) on such Business Day, on the following Business Day), information (by telecopier or telephone followed by telecopier notice, if requested by the Company) with respect to various spreads at which Prudential or Prudential Affiliates might be interested in purchasing Shelf Notes of different average lives; provided, however, that the Company may not make such requests more frequently than once in every five Business Days or such other period as shall be mutually agreed to by the Company and Prudential. The amount and content of information so provided shall be in the sole discretion of Prudential but it is the intent of Prudential to provide information which will be of use to the Company in determining whether to initiate procedures for use of the Facility. Information so provided shall not constitute an offer to purchase Shelf Notes, and neither Prudential nor any
Periodic Spread Information. On any Business Day during the Issuance Period and when an Available Facility Amount exists, the Company may request by Confirmed E-mail Transmission or telephone to Prudential, and Prudential will, to the extent reasonably practicable, provide to the Company on that Business Day (if such request is received not later than 9:30 a.m. New York City local time) or on the following Business Day (if such request is received after 9:30 a.m. New York City local time) information by e-mail transmission or telephone with respect to various spreads at which Prudential Affiliates might be interested in purchasing Notes of different average lives. The Company, however, will not make such a request more frequently than once in every five Business Days or such other period as mutually agreed to in writing by the Company and Prudential. The amount and content of information to be provided is in the sole and absolute discretion of Prudential, but it is the intent of Prudential to provide information that will be of use to the Company in determining whether to submit a Request for Purchase under Section 2.2(d). The delivery of the information requested is not an offer to purchase Notes, and no Prudential Affiliate is obligated to purchase Notes at the spreads specified. Prudential may suspend or terminate providing information pursuant to this Section 2.2(c) for any reason in its sole and absolute discretion, including its determination that the credit quality of the Company has declined since the date of this Agreement.
Periodic Spread Information. Upon the request of the Companies Prudential shall, on the fourth Business Day of every other week during the Issuance Period (if there is an Available Facility Amount), commencing one week following the week in which the request is received, and to the extent reasonably practicable, provide to the Companies information (by telecopier or telephone) with respect to various spreads at which Prudential or Prudential Affiliates might be interested in purchasing Notes of different maturities and average lives. The amount and content of information so pro- vided shall be in the sole discretion of Prudential but it is the intent of Prudential to provide information which will be of use to the Companies in determining whether to initiate procedures for use of the Facility. Information so provided shall not constitute an offer to purchase Notes, and neither Prudential nor any Prudential Affiliate shall be obligated to purchase Notes at the spreads specified. Prudential may suspend or terminate providing information pursuant to this paragraph 2B(2)(ii) for any reason, including its determination that the credit quality of the Company has declined since the date of this Agreement.
