Common use of Offers, Sales and Resales of Notes Clause in Contracts

Offers, Sales and Resales of Notes. 1.1. While (i) neither of the Issuers has or shall have any obligation to sell the Notes to the Dealer or to permit the Dealer to arrange any sale of the Notes for the account of the relevant Issuer, and (ii) the Dealer has and shall have no obligation to purchase the Notes from any Issuer or to arrange any sale of the Notes for the account of any Issuer, the parties hereto agree that in any case where the Dealer purchases Notes from an Issuer, or arranges for the sale of Notes by an Issuer, such Notes will be purchased or sold by the Dealer in reliance on the representations, warranties, covenants and agreements of such Issuer, and, in the case of Guaranteed Notes, the Guarantor, contained herein or made pursuant hereto and on the terms and conditions and in the manner provided herein.

Appears in 3 contracts

Samples: Commercial Paper Dealer Agreement (Axa Financial Inc), Commercial Paper Dealer Agreement (Axa Financial Inc), Commercial Paper Dealer Agreement (Axa Financial Inc)

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Offers, Sales and Resales of Notes. 1.1. 1.1 While (i) neither of the Issuers Issuer has or and shall have any no obligation to sell the Notes to the Dealer or to permit the Dealer to arrange any sale of the Notes for the account of the relevant Issuer, and (ii) the Dealer has and shall have no obligation to purchase the Notes from any the Issuer or to arrange any sale of the Notes for the account of any the Issuer, the parties hereto agree that in any case where the Dealer purchases Notes from an the Issuer, or arranges for the sale of Notes by an the Issuer, such Notes will be purchased or sold by the Dealer in reliance on the representations, warranties, covenants and agreements of such Issuer, and, in the case of Guaranteed Notes, the Guarantor, Issuer contained herein or made pursuant hereto and on the terms and conditions and in the manner provided herein. Subject to the foregoing, the Dealer will use all reasonable efforts to arrange sales of the Notes at the times and in the amounts requested by the Issuer.

Appears in 1 contract

Samples: Commercial Paper Dealer Agreement (Federated Department Stores Inc /De/)

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