Common use of Acceptance and Rejection of Orders Clause in Contracts

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the Agents, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will promptly advise the Company by telephone of all offers to purchase Notes received by it, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount of Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes of a particular tranche has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members of the action taken by the Company.

Appears in 13 contracts

Samples: Selling Agent Agreement (SLM Corp), SLM Corp, Selling Agent Agreement (Bank of America Corp /De/)

AutoNDA by SimpleDocs

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the AgentsPurchasing Agent, the Company has the sole right to accept orders to purchase Notes Securities and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will will, at the conclusion of the offering period, promptly advise the Company by telephone of all offers to purchase Notes Securities received by it, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount of Notes Securities will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes Securities of a particular tranche has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members Selected Dealers of the action taken by the Company.

Appears in 4 contracts

Samples: Agency Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Agency Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Agency Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the Agents, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will promptly advise the Company by telephone telephone, email or facsimile of all offers to purchase Notes received by it, other than those rejected by it the Purchasing Agent in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount the minimum denomination of the Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes of a particular tranche series has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members Selected Dealers of the action taken by the Company.

Appears in 3 contracts

Samples: Selling Agent Agreement (BAC Capital Trust XIII), Selling Agent Agreement (BAC Capital Trust XIV), Selling Agent Agreement (Bank of America Corp /De/)

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the Agents, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will promptly advise the Company by telephone of all offers to purchase Notes received by it, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount of Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes of a particular tranche has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members Selected Dealers of the action taken by the Company.

Appears in 2 contracts

Samples: Selling Agent Agreement, Selling Agent Agreement (Bank of America Corp /De/)

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the Agents, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will promptly advise the Company by telephone of all offers to purchase Notes received by it, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount the minimum denomination of the Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes of a particular tranche has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members Selected Dealers of the action taken by the Company.

Appears in 2 contracts

Samples: Selling Agent Agreement (SLM Corp), Selling Agent Agreement (Bank of America Corp /De/)

AutoNDA by SimpleDocs

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the AgentsPurchasing Agent, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Agent will promptly advise the Company by telephone of all offers to purchase Notes received by it, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. No order for less than $1,000 principal amount of Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Agent or (ii) inform the Purchasing Agent that its offer to purchase the Notes of a particular tranche has been rejected, in whole or in part. The Purchasing Agent will thereafter promptly inform the other Agents and participating Selling Group members Selected Dealers of the action taken by the Company.

Appears in 2 contracts

Samples: Selling Agent Agreement (Prudential Financial Capital Trust Ii), Selling Agent Agreement (Household Finance Corp)

Acceptance and Rejection of Orders. Unless otherwise agreed by the Company and the Agents, the Company has the sole right to accept orders to purchase Notes and may reject any such order in whole or in part. Unless otherwise instructed by the Company, the Purchasing Lead Agent will promptly advise the Company by telephone of all offers to purchase Notes received by itany Agent, other than those rejected by it such Agent in whole or in part in the reasonable exercise of its discretion. No Unless otherwise specified in an applicable Pricing Supplement, no order for less than $1,000 principal amount of Notes will be accepted. Upon receipt of a completed and executed Terms Agreement from the Purchasing Lead Agent, the Company will (i) promptly execute and return such Terms Agreement to the Purchasing Lead Agent or (ii) inform the Purchasing Lead Agent that its offer to purchase the Notes of a particular tranche has been rejected, in whole or in part. The Purchasing Lead Agent will thereafter promptly inform the other Agents and participating Selling Group members of the action taken by the Company.

Appears in 1 contract

Samples: Distribution Agreement (Bear Stearns Companies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.