Common use of Making Purchases Clause in Contracts

Making Purchases. Each Purchase shall be made on at least three Business Days' notice (and in the case of a Fixed Period at a Fixed Rate seven (7) Business Days' written notice) from the Seller to the Agent. Each such notice of a Purchase for a Fixed Period at a Fixed Rate shall be substantially in the form of Exhibit E hereto and shall be by telecopier, telex or cable and confirmed in writing. Each such notice of a proposed Purchase shall specify the desired amount (which shall not be less than $1,000,000), date and duration of the initial Fixed Period for the Eligible Asset to be purchased. The Investor shall promptly notify the Agent whether it has determined to make such Purchase. The Agent shall promptly thereafter notify the Seller whether the Investor has determined to make such Purchase and whether the desired duration of the initial Fixed Period for the Eligible Asset to be purchased is acceptable. On the date of each Purchase, the Investor shall, upon satisfaction of the applicable conditions set forth in Article III, make available to the Agent the amount of its Purchase by deposit of such amount in same day funds to the Agent's Account, and, after receipt by the Agent of such funds, the Agent will cause such funds to be made immediately available to the Seller at Citibank's office at 399 ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇. ▇▇e Investor shall on the date of each Purchase, and the Owner of each Eligible Asset shall on the first day of each Fixed Period (other than the initial Fixed Period) for such Eligible Asset, notify the Agent of the Investor Rate for such Fixed Period.

Making Purchases. Each Purchase shall be made on at least three Business Days' notice (and in the case of a Fixed Period at a Fixed Rate seven (7) Business Days' written notice) from the Seller to the Agent. Each such notice of a Purchase for a Fixed Period at a Fixed Rate shall be substantially in the form of Exhibit E hereto and shall be by telecopier, telex or cable and confirmed in writing. Each such notice of a proposed Purchase shall specify the desired amount (which shall not be less than $1,000,000), date and duration of the initial Fixed Period for the Eligible Asset to be purchased. The Investor shall promptly notify the Agent whether it has determined to make such Purchase. The Agent shall promptly thereafter notify the Seller whether the Investor has determined to make such Purchase and whether the desired duration of the initial Fixed Period for the Eligible Asset to be purchased is acceptable. On the date of each Purchase, the Investor shall, upon satisfaction of the applicable conditions set forth in Article III, make available to the Agent the amount of its Purchase by deposit of such amount in same day funds to the Agent's Account, and, after receipt by the Agent of such funds, the Agent will cause such funds to be made immediately available to the Seller at Citibank's office at 399 Park <PAGE> ▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇. ▇▇e The Investor shall on the date of each Purchase, and the Owner of each Eligible Asset shall on the first day of each Fixed Period (other than the initial Fixed Period) for such Eligible Asset, notify the Agent of the Investor Rate for such Fixed Period.

Making Purchases. Each Purchase shall be made on at least three Business Days' notice (and and, in the case of a Fixed Period at a Fixed Rate Rate, seven (7) Business Days' written notice) from the Seller to the Agent. Each such notice of a Purchase for a Fixed Period at a Fixed Rate shall be substantially in the form of Exhibit E hereto and shall be by telecopier, telex or cable and confirmed in writingwriting and each such notice shall be substantially in the form of Exhibit D hereto. Each such notice of a proposed Purchase shall specify the desired amount (which shall not initial purchase price for such Share to be less than $1,000,000)paid to the Seller, and the date of purchase and duration of the initial Fixed Period for the Eligible Asset Share to be purchased. The Investor shall promptly notify the Agent whether it has determined to make such Purchase. The Agent shall promptly thereafter notify the Seller whether the Investor has determined to make such Purchase and whether the desired duration of the initial Fixed Period for the Eligible Asset Share to be purchased is acceptable. On the date of each Purchase, the Investor shall, upon satisfaction of the applicable conditions set forth in Article III, make available to the Agent the amount of its Purchase initial purchase price by deposit of such amount in same day funds to the Agent's Account, and, after receipt by the Agent of such funds, the Agent will cause such funds to be made immediately available to the Seller at Citibank's office at 399 Park Avenue, New York, New York. The Investor shall on ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇. ▇▇e Investor shall on the date ner of each Purchase, and the Owner of each Eligible Asset Share shall on the first day of each Fixed Period (other than the initial Fixed Period) for such Eligible AssetShare, notify the Agent of the Investor Rate for such Fixed Period. The parties hereto intend the sale of each Share to be a true sale thereof (and not the transfer of a lien therein) and, accordingly, will treat the sale of each Share as a sale for accounting purposes.