Examples of Prudential Shelf Agreement in a sentence
New York Life and each Original Purchaser shall have received executed copies of the Prudential Shelf Agreement and the MetLife Note Agreement, in each case, in form and substance satisfactory to New York Life and such Original Purchaser.
The Shelf Notes and all other obligations owing hereunder and under the other Shelf Documents are permitted under the Credit Agreement and the Prudential Shelf Agreement.
MetLife and each Original Purchaser shall have received executed copies of the New York Life Master Note Facility and the Prudential Shelf Agreement, in each case, in form and substance satisfactory to MetLife and such Original Purchaser.
Numerous legislation on this matter, guides the Department’s decision on this matter.
The Prudential Shelf Agreement was amended in September 2018 to increase the borrowing capacity to $150.0 million after which Prudential accepted our request to purchase our unsecured debt of $100.0 million at an interest rate of 3.98 percent on or before August 20, 2019.