Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing Time, as contemplated above, the Company, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 8 contracts
Samples: Purchase Agreement (Potomac Electric Power Co), Purchase Agreement (Pepco Holdings Inc), Purchase Agreement (Delmarva Power & Light Co /De/)
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing Time, as contemplated above, the Company, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("“DTC"”), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 4 contracts
Samples: Purchase Agreement (Pepco Holdings Inc), Purchase Agreement (Potomac Electric Power Co), Purchase Agreement (Atlantic City Electric Co)
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeTime and on each Option Date of Delivery, as contemplated above, the Forward Counterparty (or, in the case of delivery by the Company in accordance with Section 3(b)(ii), 3(c) or 3(d), the Company), with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("“DTC"”), to be held by DTC initially for the accounts of the several Underwriters.
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Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeTime and on each Date of Delivery, as contemplated above, the Company, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters.. 10 ______________________________________________________________________________________________________________
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Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeDate and on each Option Closing Date, as contemplated above, the CompanyForward Counterparties, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 1 contract
Samples: Underwriting Agreement (PPL Corp)
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeTime and on each Date of Delivery, as contemplated above, the Company, with the approval of the RepresentativesRepresentative, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters. SECTION 3.
Appears in 1 contract
Samples: Pepco Holdings Inc
Delivery of Global Securities. In lieu of the delivery to the Underwriters Underwriter of certificates representing the Securities at the Closing Time, as contemplated above, the Company, with the approval of the RepresentativesUnderwriter, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts account of the several UnderwritersUnderwriter.
Appears in 1 contract
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeDate and on each Option Closing Date, as contemplated above, the CompanyForward Counterparties, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("“DTC"”), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 1 contract
Samples: Underwriting Agreement (PPL Corp)
Delivery of Global Securities. In lieu of the delivery to the Underwriters Initial Purchasers of certificates representing the Securities at the Closing TimeTime and on each Date of Delivery, as contemplated above, the Company, with the approval of the RepresentativesRepresentative, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several UnderwritersInitial Purchasers.
Appears in 1 contract
Samples: Sierra Pacific Resources /Nv/
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing Time, as contemplated above, the Company, with the approval of the RepresentativesUnderwriters, may deliver one or more global Securities Notes to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters.
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Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing TimeTime and on each Date of Delivery, as contemplated above, the Company, with the approval of the Representatives, may deliver one or more global Securities to a custodian for The Depository Trust Company ("“DTC"”), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 1 contract
Delivery of Global Securities. In lieu of the delivery to the Underwriters of certificates representing the Securities at the Closing Time, as contemplated above, the Company, with the approval of the RepresentativesUnderwriters, may deliver one or more global Securities to a custodian for The Depository Trust Company ("DTC"), to be held by DTC initially for the accounts of the several Underwriters.
Appears in 1 contract
Samples: Atlantic City Electric Co