Common use of Solicitations as Agent Purchases as Principal Clause in Contracts

Solicitations as Agent Purchases as Principal. In soliciting purchases of the Notes on behalf of the Company, each Agent shall act solely as agent for the Company and not as principal. Each Agent shall make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been solicited by such Agent, as agent, and accepted by the Company. The Agents shall not have any liability to the Company in the event any such purchase is not consummated by a purchaser for any reason. The Agents shall not have any obligation to purchase Notes from the Company as principal, but an Agent may agree from time to time to purchase Notes as principal.

Appears in 3 contracts

Samples: Thomas & Betts Corp, Thomas & Betts Corp, Thomas & Betts Corp

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Solicitations as Agent Purchases as Principal. In soliciting purchases of the Notes on behalf of the Company, each Agent shall act solely as agent for the Company and not as principal. Each Agent shall make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been solicited by such Agent, as agent, Agent and accepted by the Company. The Agents Such Agent shall not have any liability to the Company in the event any such purchase is not consummated by a purchaser for any reason. The Agents Such Agent shall not have any obligation to purchase Notes from the Company as principal, but an Agent may agree from time to time to purchase Notes as principal. Any such purchase of Notes by an Agent as principal shall be made pursuant to a Terms Agreement in accordance with Section 3(b) hereof.

Appears in 1 contract

Samples: Madison Gas & Electric Co

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Solicitations as Agent Purchases as Principal. In soliciting purchases of the Notes on behalf of the Company, each the Agent shall act solely as agent for the Company and not as principal. Each The Agent shall make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been solicited by such Agent, as agent, the Agent and accepted by the Company. The Agents Agent shall not have any liability to the Company in the event any such purchase is not consummated by a purchaser for any reason. The Agents Agent shall not have any obligation to purchase Notes from the Company as principal, but an the Agent may agree from time to time to purchase Notes as principal. Any such purchase of Notes by the Agent as principal shall be made pursuant to a Terms Agreement in accordance with Section 3(b) hereof.

Appears in 1 contract

Samples: Midamerican Energy Financing Ii

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