Common use of Fixed Price Offerings Clause in Contracts

Fixed Price Offerings. With the prior authorization of the Company, and any necessary permission from officials of the Exchanges, the Agent may conduct fixed price offerings off the floor of the Exchanges, in which the Agent has committed to purchase as principal the Shares involved in such offerings and dealers selected by the Agent participate in the resale of such Shares. With the prior authorization of the Company, the Agent may also conduct "special offerings" or "exchange distributions" of Shares on the NYSE in accordance with Rule 391 and Rule 392, respectively, of the NYSE or on any one or more of the other Exchanges in accordance with the appropriate rules of such other Exchanges. It is understood that the terms of "fixed price offerings," "special offerings" and "exchange distributions" contemplated by this Section 3(a) (iii) will in each case be subject to the prior approval of the Company.

Appears in 3 contracts

Samples: Sales Agency Agreement (Constellation Energy Group Inc), Sales Agency Agreement (Baltimore Gas & Electric Co), Terms Agreement (Constellation Energy Group Inc)

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Fixed Price Offerings. With the prior written authorization of the Company, and any necessary permission from officials of the Exchanges, the Agent may conduct fixed price offerings off the floor of the Exchanges, in which the Agent Agent, has committed to purchase as principal the Shares involved in such offerings and dealers selected by the Agent participate in the resale of such Shares. With the prior written authorization of the Company, the Agent may also conduct "special offerings" or "exchange distributions" of Shares on the NYSE in accordance with Rule 391 and Rule 392, respectively, of the NYSE or on any one or more of the other Exchanges in accordance with the appropriate rules of such other Exchanges. It is understood that the terms of "fixed price offerings," "special offerings" and "exchange distributions" contemplated by this Section 3(a) (iii3(a)(iii) will in each case be subject to the prior written approval of the Company.

Appears in 2 contracts

Samples: Sales Agency Agreement (PPL Corp), Sales Agency Agreement (PPL Corp)

Fixed Price Offerings. With the prior authorization of the Company, and any necessary permission from officials of the Exchanges, the Agent may conduct fixed price offerings off the floor of the Exchanges, in which the Agent has committed to purchase as principal the Shares involved in such offerings and dealers selected by the Agent participate in the resale of such Shares. With the prior authorization of the Company, the Agent may also conduct "special offerings" or "exchange distributions" of Shares on the NYSE in accordance with Rule 391 and Rule 392, respectively, of the NYSE or on any one or more of the other Exchanges in accordance with the appropriate rules of such other Exchanges. It is understood that the terms of "fixed price offerings," "” “special offerings" and "exchange distributions" contemplated by this Section 3(a) (iii) will in each case be subject to the prior approval of the Company.

Appears in 1 contract

Samples: Sales Agency Agreement (Constellation Energy Group Inc)

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Fixed Price Offerings. With the prior authorization of the CompanySelling Stockholder, and any necessary permission from officials of the Exchanges, the Agent may conduct fixed price offerings off the floor of the Exchanges, in which the Agent has committed to purchase as principal the Shares involved in such offerings and dealers selected by the Agent participate in the resale of such Shares. With the prior authorization of the CompanySelling Stockholder, the Agent may also conduct "special offerings" or "exchange distributions" of Shares on the NYSE in accordance with Rule 391 and Rule 392, respectively, of the NYSE or on any one or more of the other Exchanges in accordance with the appropriate rules of such other Exchanges. It is understood that the terms of "fixed price offerings," "special offerings" and "exchange distributions" contemplated by this Section 3(a) (iii3(a)(iii) will in each case be subject to the prior approval of the CompanySelling Stockholder.

Appears in 1 contract

Samples: Williams Companies Inc

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