Common use of Requests for Purchase Clause in Contracts

Requests for Purchase. The Company and the Parent Guarantor may, from time to time during the Issuance Period, make requests for purchases of Notes in writing to AIG, specifying (a) the aggregate principal amount of Notes to be purchased, in an amount not less than $10,000,000 and not greater than the remaining Maximum Facility Amount at the time the request is made, (b) the desired final maturity, (c) the desired Closing Date, (d) the intended use by the Company of the proceeds from the sale of such Notes, and (e) such other terms as the Company and the Parent Guarantor shall request. AIG may, but is under no obligation to, consider such requests, and may provide to the Company and the Parent Guarantor quotes for interest rate spreads based upon the terms requested by the Company and the Parent Guarantor, and may propose such other terms and conditions as AIG shall require. Any agreement reached mutually between the Company, the Parent Guarantor and AIG shall be set forth in a written rate lock letter (each, a “Rate Lock Letter”), which letter shall specify the interest rate to be applicable to such Notes, payment terms and such other the terms and conditions on which such Notes may be purchased by AIG Affiliates. Upon the execution and delivery of the Rate Lock Letter by AIG, the Company and the Parent Guarantor, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Company will sell to AIG Affiliates and AIG Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.

Requests for Purchase. The Company and the Parent Guarantor may, from time to time during the Issuance Period, make requests for purchases of Notes in writing to AIGTIAA, specifying (a) the aggregate principal amount of Notes to be purchased, in an amount not less than $10,000,000 and not greater than the remaining Maximum Facility Amount at the time the request is made, (b) the desired final maturity, (c) the desired Closing Date, (d) the intended use by the Company of the proceeds from the sale of such Notes, and (e) such other terms as the Company and the Parent Guarantor shall request. AIG TIAA may, but is under no obligation to, consider such requests, and may provide to the Company and the Parent Guarantor quotes for interest rate spreads based upon the terms requested by the Company and the Parent Guarantor, and may propose such other terms and conditions as AIG TIAA shall require. Any agreement reached mutually between the Company, the Parent Guarantor and AIG TIAA shall be set forth in a written rate lock letter (each, a “Rate Lock Letter”), which letter shall specify the interest rate to be applicable to such Notes, payment terms and such other the terms and conditions on which such Notes may be purchased by AIG TIAA Affiliates. Upon the execution and delivery of the Rate Lock Letter by AIGTIAA, the Company and the Parent Guarantor, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Company will sell to AIG TIAA Affiliates and AIG TIAA Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.