Covenants of Dealer. (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Dealer shall use any Shares delivered by Counterparty to Dealer on any Settlement Date to return to securities lenders to close out open Share loans created by Dealer or an affiliate of Dealer in the course of Dealer’s or such affiliate’s hedging activities related to Dealer’s exposure under this Confirmation.
Appears in 10 contracts
Samples: Equity Distribution Agreement (Northwestern Corp), Underwriting Agreement (Northwestern Corp), Letter Agreement (Portland General Electric Co /Or/)
