Common use of Acceptance of Offers Clause in Contracts

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agent, the Issuer will promptly notify the Agent involved.

Appears in 6 contracts

Samples: Agency Agreement (International Business Machines Corp), Agency Agreement (International Business Machines Corp), Agency Agreement (International Business Machines Corp)

AutoNDA by SimpleDocs

Acceptance of Offers. Each The Agent will promptly advise the Issuer Issuer, at its option orally or in writing, of each reasonable offer to purchase Notes received by it, other than those rejected by such the Agent. Each The Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer accepts or rejects an offer solicited by an Agentoffer, in whole or in part, the Issuer will promptly so notify the Agent involvedAgent.

Appears in 6 contracts

Samples: Distribution Agreement (Credit Suisse Group), Distribution Agreement (Credit Suisse / /Fi), Distribution Agreement (Credit Suisse (Usa) Inc)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such the Agent. Each Such Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedsuch Agent.

Appears in 3 contracts

Samples: Distribution Agreement (Avalonbay Communities Inc), Distribution Agreement (Summit Properties Partnership L P), Distribution Agreement (Summit Properties Partnership L P)

Acceptance of Offers. Each Agent will promptly advise the Issuer Issuer, at its option orally or in writing, of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. Prior to accepting any offer the Issuer will have the specific terms of the Notes approved by the Finance Committee of the Board of Directors. If the Issuer accepts or rejects an offer solicited by an Agentoffer, in whole or in part, the Issuer will promptly notify the Agent involvedPresenting Agent.

Appears in 2 contracts

Samples: Agency Agreement (Piedmont Natural Gas Co Inc), Agency Agreement (Piedmont Natural Gas Co Inc)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedsuch Agent.

Appears in 1 contract

Samples: Distribution Agreement (Summit Properties Partnership L P)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such the Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedapplicable Agent.

Appears in 1 contract

Samples: Distribution Agreement (Irvine Apartment Communities L P)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the right to withdraw, cancel or modify such offer without notice and will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedsuch Agent.

Appears in 1 contract

Samples: Distribution Agreement (Avalonbay Communities Inc)

Acceptance of Offers. Each Agent will promptly advise the Issuer Issuer, at its option orally or in writing, of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agent, the Issuer will promptly notify the Agent involved.Prior to accepting any offer

Appears in 1 contract

Samples: Agency Agreement (Piedmont Natural Gas Co Inc)

Acceptance of Offers. Each Agent The Agents will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agentthe Agents. Each Agent The Agents may, in its their discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the right to withdraw, cancel or modify such offer without notice and will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedAgents.

Appears in 1 contract

Samples: Distribution Agreement (Avalonbay Communities Inc)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each -------------------- reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the right to withdraw, cancel or modify such offer without notice and will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedsuch Agent.

Appears in 1 contract

Samples: Distribution Agreement (Bradley Operating L P)

AutoNDA by SimpleDocs

Acceptance of Offers. Each Agent The Agents will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agentthe Agents. Each Agent The Agents may, in its their discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedAgents.

Appears in 1 contract

Samples: Distribution Agreement (Summit Properties Partnership L P)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each The Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedapplicable Agent.

Appears in 1 contract

Samples: Distribution Agreement (Servicemaster Co)

Acceptance of Offers. Each Agent will promptly advise the Issuer Issuer, orally or in writing, of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, in its discretion reasonably exercised, without notice to the IssuerIssuer or the Guarantor, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes on its behalf and on behalf of the Guarantor and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involved.

Appears in 1 contract

Samples: Distribution Agreement (Unocal Capital Trust Ii)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each -------------------- reasonable offer to purchase Notes received by it, other than those rejected by such the Agent. Each Such Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agentoffer, the Issuer will promptly notify the Agent involvedsuch Agent.

Appears in 1 contract

Samples: Distribution Agreement (Bradley Operating L P)

Acceptance of Offers. Each Agent will promptly advise the Issuer of each reasonable offer to purchase Notes received by it, other than those rejected by such Agent. Each Agent may, however, in its discretion reasonably exercisedexercised discretion, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer rejects an offer solicited by an Agent, the Issuer will promptly notify the Agent involved.

Appears in 1 contract

Samples: Agency Agreement (Hewlett Packard Co)

Acceptance of Offers. Each Agent The Agents will promptly advise the Issuer Issuer, at its option orally or in writing, of each reasonable offer to purchase Notes received by it, other than those rejected by such AgentAgents. Each Agent may, in its discretion reasonably exercised, without notice to the Issuer, reject any offer received by it, in whole or in part. The Issuer will have the sole right to accept offers to purchase Notes and may reject any such offer, in whole or in part. If the Issuer accepts or rejects an offer solicited by an Agentoffer, in whole or in part, the Issuer will promptly so notify the Agent involvedAgents.

Appears in 1 contract

Samples: Distribution Agreement (Ugi Utilities Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!