Purchase and Sale of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein contained, the Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Company, at a purchase price of 98.541% of the principal amount thereof, plus accrued interest, if any, from the date of the first authentication of the Bonds to the Closing Date (as hereinafter defined), the respective principal amounts of the Bonds set forth below opposite the names of such Underwriters. Underwriters Principal Amount of Bonds Barclays Capital Inc.. $80,000,000 Citigroup Global Markets Inc. 80,000,000 X.X. Xxxxxx Securities LLC. 80,000,000 Xxxxxx Xxxxxxx & Co. LLC.. 80,000,000 Fifth Third Securities, Inc. 20,000,000 KeyBanc Capital Markets Inc. 20,000,000 RBC Capital Markets, LLC 20,000,000 SunTrust Xxxxxxxx Xxxxxxxx, Inc. 20,000,000 Total $400,000,000
Purchase and Sale of Bonds. Upon the terms and conditions and upon the basis of representations, warranties, and agreements hereinafter set forth, the Underwriter hereby agrees to purchase from the City, and the City hereby agrees to sell to the Underwriter, all (but not less than all) of the $[PRINCIPAL] aggregate principal amount of the “City of Sachse, Texas, Special Assessment Revenue Bonds, Series 2020 (Sachse Public Improvement District No. 1 Major Improvement Area Project)” (the “Bonds”), at a purchase price of $[ ] (representing the aggregate principal amount of the Bonds, [less an original issue discount of $[ ]] and less an Underwriter’s discount of $[ ]). Inasmuch as this purchase and sale represents a negotiated transaction, the City understands, and hereby confirms, that the Underwriter is not acting as a municipal advisor or fiduciary of the City (including, without limitation, a “municipal advisor” (as such term is defined in Section 975(e) of the Xxxx Xxxxx Wall Street Reform and Consumer Protection Act)), but rather is acting solely in its capacity as Underwriter for its own account. The City acknowledges and agrees that (i) the purchase and sale of the Bonds pursuant to this Agreement is an arm’s length commercial transaction between the City and the Underwriter, (ii) in connection with the discussions, undertakings, and procedures leading up to the consummation of this transaction, the Underwriter is and has been acting solely as a principal and is not acting as the agent, municipal advisor, financial advisor, or fiduciary of the City, (iii) the Underwriter has not assumed an advisory or fiduciary responsibility in favor of the City with respect to the offering described herein or the discussions, undertakings, and procedures leading thereto (regardless of whether the Underwriter has provided other services or is currently providing other services to the City on other matters) and the Underwriter has no obligation to the City with respect to the offering described herein except the obligations expressly set forth in this Agreement, (iv) the City has consulted its own legal, financial and other advisors to the extent it has deemed appropriate, (v) the Underwriter has financial and other interests that differ from those of the City, and (vi) the Underwriter has provided to the City prior disclosures under Rule G-17 of the Municipal Securities Rulemaking Board (“MSRB”), which have been received by the City. The City further acknowledges and agrees that following the i...
Purchase and Sale of Bonds. Inasmuch as the purchase and sale of the Bonds represents a negotiated transaction, the Developer understands, and hereby confirms, that the Underwriter is not acting as a fiduciary of the Developer, but rather is acting solely in its capacity as Underwriter of the Bonds for its own account.
Purchase and Sale of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein contained, the Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Company, at a purchase price of 99.488% of the principal amount thereof, plus accrued interest, if any, from the date of the first authentication of the Bonds to the Closing Date (as hereinafter defined), the respective principal amounts of the Bonds set forth below opposite the names of such Underwriters. Underwriters Principal Amount Of Bonds Barclays Capital Inc. $5,687,500 BNP Paribas Securities Corp. 5,687,500 Lazard Capital Markets LLC. 5,687,500 Scotia Capital (USA) Inc 5,687,500 BNY Mellon Capital Markets, LLC 750,000 PNC Capital Markets LLC 750,000 U.S. Bancorp Investments, Inc. 750,000 Total $25,000,000
Purchase and Sale of Bonds. The Company hereby agrees to sell to you and, subject to the terms and conditions set forth herein, you hereby agree to purchase from the Company, in accordance with the provisions of this Agreement, Bonds in the principal amount specified opposite your name on Annex I hereto, at a purchase price of one hundred percent (100%) of the principal amount thereof.
Purchase and Sale of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein contained, the Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Company, at a purchase price of 98.491% of the principal amount thereof, plus accrued interest, if any, from the date of the first authentication of the Bonds to the Closing Date (as hereinafter defined), the respective principal amounts of the Bonds set forth below opposite the names of such Underwriters. Underwriters Principal Amount of Bonds Barclays Capital Inc. $70,000,000 Credit Agricole Securities (USA) Inc. 70,000,000 Mizuho Securities USA Inc. 70,000,000 Scotia Capital (USA) Inc. 70,000,000 Lloyds Securities Inc. 17,500,000 RBC Capital Markets, LLC 17,500,000 Santander Investment Securities Inc. 17,500,000 The Xxxxxxxx Capital Group, L.P. 17,500,000 Total $350,000,000
Purchase and Sale of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein contained, the Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Company, at a purchase price of 99.152% of the principal amount thereof, plus, accrued interest, if any, from the date of first authentication of the Bonds to the Closing Date (as hereinafter defined), the respective principal amounts of the Bonds set forth below opposite the names of such Underwriters. Underwriters Principal Amount of Bonds BMO Capital Markets Corp. $130,000,000 BofA Securities, Inc. $130,000,000 CIBC World Markets Corp. $130,000,000 Xxxxx Fargo Securities, LLC $130,000,000 TD Securities (USA) LLC $32,500,000 Truist Securities, Inc. $32,500,000 WauBank Securities LLC $32,500,000 Xxxxxxxx Capital, LLC $6,500,000 CastleOak Securities, L.P. $6,500,000 Loop Capital Markets LLC $6,500,000 Xxxxxxx and Xxxx Investments, Inc. $6,500,000 Xxxxxx X. Xxxxxxx & Company, Inc. $6,500,000 Total $650,000,000 4. Offering of the Bonds. The several Underwriters agree that as soon as practicable, in their judgment, they will make an offering of their respective portions of the Bonds in accordance with the terms set forth in the General Disclosure Package and the Prospectus.
Purchase and Sale of Bonds. (a) Upon the terms and conditions and upon the basis of the respective representations, warranties and covenants set forth herein and in the Letter of Representations, dated the date hereof executed and delivered by HPTE (the “HPTE Letter of Representations”), and in the Letter of Representations dated the date hereof, executed and delivered by CDOT (the “CDOT Letter of Representations” and together with the HPTE Letter of Representations, the “Letters of Representations”), the Underwriters hereby agree jointly and severally to purchase from the Issuer, and the Issuer, at the direction of the Borrower, hereby agrees to sell to the Underwriters, in accordance with the terms hereof, including, without limitation, Section 10 hereof, $[●] aggregate principal amount of Colorado Bridge Enterprise Senior Revenue Bonds (Central 70 Project), Series 2017 (the “Bonds”) for an aggregate purchase price of $[●] (representing the aggregate principal amount of the Bonds [less/plus] net original issue [discount/premium] of $[●] and less an underwriting discount of $[●]). The obligations of the Issuer to sell and of the Underwriters to purchase hereunder are with respect to all (but not less than all) of the Bonds.
Purchase and Sale of Bonds. Subject to the terms and conditions hereinafter set forth, the Bond Purchaser hereby agrees to purchase from the Issuer, and the Issuer hereby agrees to sell to the Bond Purchaser, the Issuer’s Bonds, as the same are issued, in the maximum aggregate principal amount of $15,000,000,000, in order to directly or indirectly fund the costs, in whole or in part, of the Project. A Bond in the maximum principal amount of $5,000,000,000 will be issued initially, as described in the Bond Resolution, and up to three (3) additional Bonds may be issued from time to time thereafter, subject to the procedures and conditions set forth in the Bond Resolution. Each of the Bonds will be issued as a “draw down” instrument, with advances of the principal amount thereof (each, an “Advance”) to be made by the Bond Purchaser from time to time on each Bond as more fully described herein.
Purchase and Sale of Bonds. The Company hereby agrees to sell to each of you and, subject to the terms and conditions set forth herein, you each hereby agree to purchase from the Company, in accordance with the provisions of this Agreement, Bonds in the principal amount specified opposite your name on Annex 1 hereto, at a purchase price of one hundred percent (100%) of the principal amount thereof. Each sale shall be a separate sale by the Company to a Purchaser identified and in the principal amount of the Bonds identified to such Purchaser on Annex 1. However, each Purchaser and the Company shall be obligated to close the sales provided for in this Agreement only if both such sales close.
