Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated for the types of transactions involved (but not, in any event, to exceed an amount per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writing) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determine) and (ii) pay the reasonable fees and expenses of Sullivan & Cromwell LLP ("Counsel for the Agent") in connection with the xxxxx xnd xxxx xx the Shares pursuant to Section 2(a) hereof. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (PPL Corp)
Discounts, Commissions, Concessions, Etc. The Company Selling Stockholder will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day New York Clearing House (next day) funds, commissions for its services in acting as agent for the Company Selling Stockholder in the sale of such Shares in an amount per share to be negotiated as provided in the Procedures (as defined in Section 3(e) hereof) for the types of transactions involved (but not, in any event, to exceed an amount per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writing) (it being understood that the Company Selling Stockholder and the Agent may agree upon payment for such commissions in such other manner as they may determinedetermine in accordance with the Procedures) and (ii) pay the reasonable fees and expenses of Sullivan Davix Xxxx & Cromwell LLP Xardxxxx ("Counsel Xounsel for the Agent") in connection with the xxxxx xnd xxxx xx offer and sale of the Shares pursuant to Section 2(a) hereofShares. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company Selling Stockholder and the Agent prior to any such offering or distribution. The Company Selling Stockholder understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated as provided in the Procedures (as defined in Section 3(e) hereof) for the types of transactions involved (but not, in any event, to exceed an amount $0.05 per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writingshare) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determinedetermine in accordance with the Procedures) and (ii) pay the reasonable fees and expenses of Sullivan Cahill Gordon & Cromwell LLP Reindel ("Counsel for the Agent") in connection with connxxxxxx xxxx the xxxxx xnd xxxx xx and sale of the Shares pursuant to Section 2(a) hereofShares. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (Baltimore Gas & Electric Co)
Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated as provided in the Procedures (as defined in Section 3(e) hereof) for the types of transactions involved (but not, in any event, to exceed an amount $0.05 per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writingshare) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determinedetermine in accordance with the Procedures) and (ii) pay the reasonable fees and expenses of Sullivan Xxxxxx Xxxxxx & Cromwell Xxxxxxx LLP ("“Counsel for the Agent"”) in connection with the xxxxx xnd xxxx xx offer and sale of the Shares pursuant to Section 2(a) hereofShares. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (Constellation Energy Group Inc)
Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated as provided in the Procedures (as defined in Section 3(e) hereof) for the types of transactions involved (but not, in any event, to exceed an amount $_____ per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writingshare) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determinedetermine in accordance with the Procedures) and (ii) pay the reasonable fees and expenses of Sullivan Xxxxxx Xxxxxx & Cromwell LLP Xxxxxxx ("Counsel for the Agent") in connection with the xxxxx xnd xxxx xx offer and sale of the Shares pursuant to Section 2(a) hereofShares. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (Constellation Energy Group Inc)
Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated as provided in the Procedures (as defined in Section 3(e) hereof) for the types of transactions involved (but not, in any event, to exceed an amount $0.05 per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writingshare) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determinedetermine in accordance with the Procedures) and (ii) pay the reasonable fees and expenses of Sullivan Xxxxxx Xxxxxx & Cromwell LLP Xxxxxxx ("Counsel for the Agent") in connection with the xxxxx xnd xxxx xx offer and sale of the Shares pursuant to Section 2(a) hereofShares. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (Constellation Energy Group Inc)
Discounts, Commissions, Concessions, Etc. The Company will (i) pay to the Agent, on each Settlement Date (as defined in Section 4) in respect of the sale of any Shares solicited by the Agent, in same day funds, commissions for its services in acting as agent for the Company in the sale of such Shares in an amount per share to be negotiated for the types of transactions involved (but not, in any event, to exceed an amount per share designated from time to time by the Company's Executive Vice President and Chief Financial Officer or the Vice President-Finance and Treasurer and communicated to the Agent in writing) (it being understood that the Company and the Agent may agree upon payment for such commissions in such other manner as they may determine) and (ii) pay the reasonable fees and expenses of Sullivan & Cromwell LLP ("Counsel for the Agent") in connection with the xxxxx xnd xxxx offxx xxx xale xx the xxx Shares pursuant to Section 2(a) hereof. Discounts, commissions, concessions, the offering price and other terms of offerings or distributions referred to in Sections 2(b) and 3(a) hereof will be agreed upon by the Company and the Agent prior to any such offering or distribution. The Company understands and agrees that, in any sale of Shares where the Agent is also acting as broker for a buyer of Shares, the Agent may also receive a brokerage commission from the buyer in any amount negotiated by the Agent and such buyer.
Appears in 1 contract
Samples: Sales Agency Agreement (PPL Corp)