Common use of Purchasing Procedures Clause in Contracts

Purchasing Procedures. (a) Unless otherwise agreed to, the Purchaser will provide JPMS with instructions on a daily basis in respect of the Program regarding the total number of Securities JPMS is authorized to purchase and target amounts of Securities to be acquired during the day succeeding such instruction and the maximum price or the range of prices to be paid therefore. Except as otherwise provided in this Letter Agreement, JPMS shall determine, in its sole discretion, the timing, amount, prices and manner of purchase of Securities on any day, so long as such purchases are consistent with the instruction provided by the Purchaser for such day.

Appears in 2 contracts

Samples: Stock Purchase Plan Engagement Agreement (Paychex Inc), 10b 18 Purchase Agreement (Colony NorthStar, Inc.)

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Purchasing Procedures. (a) Unless otherwise agreed to, the Purchaser will provide JPMS with instructions on a daily periodic basis in respect of the Program regarding the total number of Securities JPMS is authorized to purchase and target amounts of Securities to be acquired during the day succeeding a designated period of time following such instruction and the maximum price or the range of prices to be paid therefore. Except as otherwise provided in this Letter Agreement, JPMS shall determine, in its sole reasonable discretion, the timing, amount, prices and manner of purchase of Securities on any day, so long as such purchases are consistent with the instruction aforementioned instructions provided by the Purchaser for such dayPurchaser.

Appears in 1 contract

Samples: 10b 18 Purchase Agreement (Total S.A.)

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Purchasing Procedures. (a) Unless otherwise agreed to, the Purchaser will provide JPMS with instructions on a daily basis in respect of the Program regarding the total number of Securities JPMS is authorized to purchase and target amounts of Securities to be acquired during the day succeeding such instruction and the maximum price or the range of prices to be paid therefore. Except as otherwise provided in this Letter Agreement, JPMS shall determine, in its sole discretion, the timing, amount, prices and manner of purchase of Securities on any day, so long as such purchases are consistent with the instruction provided by the Purchaser for such day. JPMS agrees that no person who exercises influence, directly or indirectly, on its behalf in effecting purchases of Securities pursuant to the Program may do so while aware of material, non-public information relating to the Securities or the Issuer.

Appears in 1 contract

Samples: 10b 18 Purchase Agreement (Softbank Corp)

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