Delayed Delivery Contracts. [None.] [Delivery Date[s] shall be ______________. Underwriters' fee is $ _______ per share of the Contract Securities.]
Delayed Delivery Contracts. [authorized] [not authorized] [Delivery Date ---------------------------------- Minimum principal amount of Purchased Debt Securities to be sold pursuant to any Delayed Delivery Contract: ---------------------------------- Maximum aggregate principal amount of Purchased Debt Securities to be sold pursuant to all Delayed Delivery Contracts: ---------------------------------- Compensation to Underwriters: ]* ---------------------------------- Notices to the Underwriters shall be sent to the following address(es) or telecopier number(s): If we are acting as Representative(s) for the several Underwriters named in Schedule A hereto, we represent that we are authorized to act for such several Underwriters in connection with the transactions contemplated in this Agreement, and that, if there are more than one of us, any action under this Agreement taken by any of us will be binding upon all the Underwriters. All of the provisions contained in the document entitled "Sequa Corporation, Debt Securities, Standard Purchase Provisions," a copy of which has been previously furnished to us, are hereby incorporated by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions had been set forth in full herein. If the foregoing is in accordance with your understanding of our agreement, kindly sign and return to us the enclosed duplicate hereof, whereupon it will become a binding agreement between the Company and the several Underwriters in accordance with its terms. Very truly yours, [Firm Name] By _____________________________ Title: ____________________ [Firm Name] By ____________________________ Title: ____________________ Acting on behalf of and as Representative(s) of the several Underwriters named in Schedule A hereto.* * To be deleted if the Purchase Agreement is not executed by one or more Underwriters acting as Representative(s) of the Underwriters for purposes of this Agreement. The foregoing Purchase Agreement is hereby confirmed as of the date first above written. SEQUA CORPORATION By _____________________________________ Title __________________________________ SCHEDULE A Name of Underwriter Amount ------------------- ------
Delayed Delivery Contracts. [None.] [Delivery Date[s] shall be , 19 . Underwriters' fee is % of the principal amount of the Contract Securities.] PURCHASE PRICE: % of principal amount, plus accrued interest [, if any,] from _________, 19__ . EXPECTED REOFFERING PRICE: % of principal amount, subject to change by the undersigned.
Examples of Delayed Delivery Contracts in a sentence
Delayed Delivery Contracts are to be with institutional investors, including commercial and savings banks, insurance companies, pension funds, investment companies and educational and charitable institutions.
The Underwriters will not have any responsibility in respect of the validity or performance of Delayed Delivery Contracts.
The Underwriters will not have any responsibility in respect of the validity or the performance of Delayed Delivery Contracts.
The Underwriters will endeavor to make such arrangements and, as compensation therefor, the Company will pay to the Representatives, for the account of the Underwriters, on the Closing Date, the percentage set forth in Schedule I hereto of the principal amount of the Securities for which Delayed Delivery Contracts are made.
The Company will make Delayed Delivery Contracts in all cases where sales of Contract Securities arranged by the Underwriters have been approved by the Company but, except as the Company may otherwise agree, each such Delayed Delivery Contract must be for not less than the minimum principal amount set forth in Schedule I hereto and the aggregate principal amount of Contract Securities may not exceed the maximum aggregate principal amount set forth in Schedule I hereto.
More Definitions of Delayed Delivery Contracts
Delayed Delivery Contracts. Not authorized. Public offering price: 98.823% of the principal amount. Underwriting discount: 0.650% of the principal amount. Underwriters’ purchase price: 98.173% of the principal amount. Net proceeds to the Company: $490,865,000. Settlement date: November 10, 2021.
Delayed Delivery Contracts. [None.] [Delivery Date[s] shall be , 20 . Underwriters' fee is $ per share of the Contract Securities.]
Delayed Delivery Contracts. None. PURCHASE PRICE: 98.539% of principal amount, plus accrued interest, if any, from May 18, 1998. EXPECTED REOFFERING PRICE: 99.414% of principal amount, subject to change by the undersigned. CLOSING: 10:00 A.M. on May 18, 1998, at the offices of Cravath, Swaine & Xxxxx, Worldwide Plaza, 000 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, in same day funds. NAME AND ADDRESS OF REPRESENTATIVE: Salomon Brothers Inc 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 The respective principal amounts of the Securities to be purchased by each of the Underwriters are set forth opposite their names in Schedule A hereto. The provisions of the Underwriting Agreement are incorporated herein by reference. The Securities will be made available for checking at the offices of Cravath, Swaine & Xxxxx at least 24 hours prior to the Closing Date. Please signify your acceptance of our offer by signing the enclosed response to us in the space provided and returning it to us by mail or hand delivery. Very truly yours, Salomon Brothers Inc On behalf of themselves and as Representative of the several Underwriters listed in Schedule A hereto by SALOMON BROTHERS INC by /s/ Xxxxxx X. Xxxxxx ----------------------- Name: Xxxxxx X. Xxxxxx Title: Associate SCHEDULE A PRINCIPAL AMOUNT OF 2028 DEBENTURES ---------------- UNDERWRITER ----------- Salomon Brothers Inc ....................................... $139,750,000 Credit Suisse First Boston Corporation ............................................. 106,250,000 Chase Securities Inc. ...................................... 55,250,000 Xxxxxxx, Xxxxx & Co. ....................................... 55,250,000 ABN AMRO Incorporated ...................................... 17,000,000 BancAmerica Xxxxxxxxx Xxxxxxxx ............................. 17,000,000 NationsBanc Xxxxxxxxxx Securities LLC ..................................................... 17,000,000 RBC Dominion Securities Inc. ............................... 17,000,000 Howard, Weil, Labouisse, Xxxxxxxxxx Incorporated ............................................ 250,000 Xxxxxx Xxxxxxx & Co., Inc. ................................. 250,000 ------------ Total ................................................... $425,000,000 ============ To: Salomon Brothers Inc Credit Suisse First Boston Corporation Chase Securities Inc. Xxxxxxx, Xxxxx & Co. ABN AMRO Incorporated BancAmerica Xxxxxxxxx Xxxxxxxx Xxxxxx, Weil, Labouisse, Xxxxxxxxxx Incorporated NationsBanc Xxxxxxxxxx Securities LLC Xxxxxx Xxxxxxx & Co., Inc. RBC Domin...
Delayed Delivery Contracts. [None.] [Delivery Date[s] shall be _____________, 19__. Underwriters' fee is $_________ per share of the Contract Securities.] PURCHASE PRICE: $______ per share [If preferred stock issue, insert-- plus accrued dividends[, if any,] from _______________, 19__]. EXPECTED REOFFERING PRICE: $___ _ per share, subject to change by the [Representative[s]] [Underwriters].
Delayed Delivery Contracts. None. Purchase Price: 98.628% of principal amount, plus accrued interest from June 2, 1998, if any. Expected Reoffering Price: 99.503% of principal amount, plus accrued interest from June 2, 1998, if any. Closing: 9:00 a.m., New York City time, on June 2, 1998, at the offices of Xxxxxxx Xxxxxxx & Xxxxxxxx, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx with payment to be made in immediately available funds. Names and Addresses of Underwriters: Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx, Sachs & Co. 00 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 SBC Warburg Dillon Read Inc. Swiss Bank Tower 000 Xxxxxxxxxx Xxxxxxxxx Xxxxxxxx, Xxxxxxxxxxx 00000 BancAmerica Xxxxxxxxx Xxxxxxxx 000 Xxxxx Xx Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxx 00000 Citicorp Securities, Inc. 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 The respective principal amounts of the Securities to be purchased by each of the Underwriters are set forth opposite their names in Schedule A hereto. The provisions of the Underwriting Agreement are incorporated herein by reference. The specified percentage of the principal amount of the Securities for the purposes of Section 10 of the Underwriting Agreement shall be 10%. The Securities will be made available for checking and packaging at the office of The Bank of New York at least 24 hours prior to the Closing Date. This Terms Agreement, including your acceptance hereof, may be executed by any one or more of the parties hereto and thereto in any number of counterparts, each of which shall be deemed to be an original, but all such respective counterparts shall together constitute one and the same instrument. (Signatures on following page) (Signature page to Terms Agreement) Please signify your acceptance of our offer by signing the enclosed response to us in the space provided and returning it to us. Very truly yours, XXXXXX XXXXXXX & CO. INCORPORATED XXXXXXX, SACHS & CO. SBC WARBURG DILLON READ INC. BANCAMERICA XXXXXXXXX XXXXXXXX CITICORP SECURITIES, INC. By: XXXXXX XXXXXXX & CO. INCORPORATED Name: /s/ Xxxxxx X. Xxxxxxxxxx, III Title: Vice President SCHEDULE A Principal Underwriter Amount Xxxxxx Xxxxxxx & Co. Incorporated $150,000,000 Xxxxxxx, Sachs & Co. 45,000,000 SBC Warburg Dillon Read Inc. 45,000,000 BancAmerica Xxxxxxxxx Xxxxxxxx 30,000,000 Citicorp Securities, Inc. 30,000,000 Total:...................... $300,000,000 To: Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx, Sachs & Co. 00 Xx...
Delayed Delivery Contracts. None. Purchase Price: 98.283% of principal amount, plus accrued interest from November 10, 1999, if any. Expected Reoffering Price: 99.158% of principal amount, plus accrued interest from November 10, 1999, if any.
Delayed Delivery Contracts. None. PURCHASE PRICE: 99.12% of principal amount plus accrued interest, if any, from May 18, 1998.