Common use of Sale and Purchase of Securities Clause in Contracts

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of % of the principal amount thereof, plus accrued interest, if any, from , 20 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof, subject to, in each case, such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 2 contracts

Samples: Underwriting Agreement (Tucson Electric Power Co), Tucson Electric Power Company (Tucson Electric Power Co)

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Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of [●]% of the principal amount thereof, plus accrued interest, if any, from November [●], 20 2018 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Underwriting Agreement (Tucson Electric Power Co)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 99.095% of the principal amount thereof, plus accrued interest, if any, from May 12, 20 2011 to the Closing Time, Time the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 10 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Purchase Agreement (Nv Energy, Inc.)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 98.814% of the principal amount thereof, plus accrued interest, if any, from September 14, 20 2010 to the Closing Time, Time the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 10 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Nevada Power (Nv Energy, Inc.)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 99.140% of the principal amount thereof, plus accrued interest, if any, from August 12, 20 2013 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Purchase Agreement (Nv Energy, Inc.)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 99.024% of the principal amount thereof, plus accrued interest, if any, from May 22, 20 2018 to the Closing Time, the principal amount of Securities set forth in Schedule A hereto opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof11, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities. All obligations of the Underwriters hereunder are several and not joint.

Appears in 1 contract

Samples: Underwriting Agreement (Avista Corp)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 99.089% of the principal amount thereof, plus accrued interest, if any, from March 17, 20 2022 to the Closing Time, the principal amount of Securities set forth in Schedule A hereto opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof11, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities. All obligations of the Underwriters hereunder are several and not joint.

Appears in 1 contract

Samples: Underwriting Agreement (Avista Corp)

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Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of % of the principal amount thereof, plus accrued interest, if any, from , 20 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Underwriting Agreement (Unisource Energy Corp)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 98.75% of the principal amount thereof, plus accrued interest, if any, from November 22, 20 2010 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 10 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Purchase Agreement (Nv Energy, Inc.)

Sale and Purchase of Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 105.546% of the principal amount thereof, plus accrued interestinterest from May 15, if any, from , 20 2009 to the Closing Time, the principal amount of Securities set forth in Schedule A opposite the name of such Underwriter, plus any additional principal amount of Securities that which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 10 hereof, subject tosubject, in each case, to such adjustments among the Underwriters as the Representatives in their sole discretion shall make to eliminate any sales or purchases of fractional securities.

Appears in 1 contract

Samples: Purchase Agreement (Nv Energy, Inc.)

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