Common use of Reasonable Efforts Solicitations; Right to Reject Offers Clause in Contracts

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price of Notes registered pursuant to the Registration Statement. No Agent will have responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, each of the Agents will use their its reasonable efforts to solicit purchases of such principal amount of the Notes as the Company and the Agents such Agent shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents Agent will use their its reasonable efforts to solicit purchases of such principal amount of the Notes as the Company and the Agents Agent shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No The Agent will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each The Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such the Agent. Each The Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such the Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents each Agent will use their its reasonable efforts to solicit purchases of such principal amount of the Notes as the Company and the Agents such Agent shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company and the Department of Telecommunications and Energy of the Commonwealth of Massachusetts (formerly known as the Department of Public Utilities ) (the "DTE") from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration StatementStatement or applicable DTE authorizations. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a in whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents each Agent will use their its reasonable efforts to solicit offers for purchases of such initial offering price of the Notes (other than Notes, if any, being purchased by such Agent as principal amount of Notes in accordance with Section 3(b) below) as the Company and the Agents such Agent shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases offers for the purchase of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the aggregate initial offering price of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale sale, under the Registration Statement. Each applicable Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each applicable Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of NotesNotes through it, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon -------------------------------------------------------- receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such the Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of the Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of (i) the amount which shall be authorized by the Company and the Board of Public Utilities of the State of New Jersey (the “BPU”) from time to time or in excess (ii) the aggregate principal amount of the initial offering price of Notes registered pursuant to First Mortgage Bonds servicing and securing the Registration StatementNotes. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, sold or of otherwise monitoring the availability of Notes for sale under by the Registration StatementCompany. Each Agent The Agents will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such AgentAgents. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's ’s agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon --------------------------------------------------------- receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a in whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.deemed

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent The Agents will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such an Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's ’s agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- On the basis of instructions from the Companyrepresentations and warranties set forth herein, but subject to the Agents will terms and conditions set forth herein, each Agent agrees to use their its reasonable efforts to solicit purchases of such principal amount of offers to purchase Notes as from the Company and upon the Agents shall agree upon terms set forth in the Prospectus, as amended or supplemented from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price of Notes registered pursuant to the Registration StatementStatements. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration StatementStatements. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such the Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such the Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents each Agent will use their its reasonable efforts to solicit purchases of offers to purchase such principal amount of the Notes as the Company and the Agents such Agent shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of offers to purchase Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of the Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, sold or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercisedexercised discretion, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such that Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Each Agent shall be under make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been solicited by such Agent and accepted by the Company, but such Agent shall not have any obligation liability to solicit purchases of Notes upon the occurrence and continuation of Company in the event any event described in Section 12(b) hereof, irrespective of the date such event occurspurchase is not consummated for any reason.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts to solicit purchases of offers to purchase such principal amount of the Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of offers to purchase Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price principal amount of Notes registered pursuant to the Registration Statement. No Agent The Agents will have no responsibility for maintaining records with respect to the aggregate initial offering price principal amount of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the each reasonable offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such the Agent's agreement contained herein. The Company may shall have the sole right to accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent part and any such rejection shall not be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective deemed a breach of the date such event occursCompany's agreement contained herein.

Reasonable Efforts Solicitations; Right to Reject Offers. Upon receipt -------------------------------------------------------- of instructions from the Company, the Agents will use their reasonable efforts receipt of to solicit purchases of such principal amount of Notes as the Company and the Agents shall agree upon from time to time during the term of this Agreement, it being understood that the Company shall not approve the solicitation of purchases of Notes in excess of the amount which shall be authorized by the Company from time to time or in excess of the initial offering price of Notes registered pursuant to the Registration Statement. No Agent will have responsibility for maintaining records with respect to the aggregate initial offering price of Notes sold, or of otherwise monitoring the availability of Notes for sale under the Registration Statement. Each Agent will communicate to the Company, orally or in writing, the offer to purchase Notes, other than those offers rejected by such Agent. Each Agent shall have the right, in its discretion reasonably exercised, to reject any proposed purchase of Notes, as a whole or in part, and any such rejection shall not be deemed a breach of such Agent's agreement contained herein. The Company may accept or reject any proposed purchase of the Notes, in whole or in part. The parties hereto agree that no Agent shall be under any obligation to solicit purchases of Notes upon the occurrence and continuation of any event described in Section 12(b) hereof, irrespective of the date such event occurs.