of the Securities Act. The Issuer agrees that, if it shall issue commercial paper after the date hereof in reliance upon such exemption (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)
Appears in 9 contracts
Samples: Commercial Paper Dealer Agreement, Commercial Paper Dealer Agreement, Commercial Paper Dealer Agreement
of the Securities Act. The In the event that the Issuer agrees that, if it shall determines to issue commercial paper after in the date hereof United States market in reliance upon on such exemption exemption, the Issuer agrees that (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)
Appears in 3 contracts
Samples: Commercial Paper Dealer Agreement (National Service Industries Inc), Commercial Paper Dealer Agreement (National Service Industries Inc), Commercial Paper Dealer Agreement (National Service Industries Inc)
of the Securities Act. The In the event the Issuer agrees that, if it shall determines to issue commercial paper after in the date hereof United States market in reliance upon on such exemption exemption, the Issuer agrees that (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)
Appears in 2 contracts
Samples: Commercial Paper Dealer Agreement (Global Marine Inc), Commercial Paper Dealer Agreement (Global Marine Inc)
of the Securities Act. The Issuer agrees that, if it shall issue commercial paper after the date hereof in reliance upon such exemption exemption, (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)
Appears in 1 contract
Samples: Commercial Paper Dealer Agreement
of the Securities Act. The Issuer agrees that, if it shall issue commercial paper after the date hereof in reliance upon such exemption exemption] (a) the proceeds from the sale of the Notes will be segregated from the proceeds of the sale of any such commercial paper by being placed in a separate account; (b) the Issuer will institute appropriate corporate procedures to ensure that the offers and sales of notes issued by the Issuer pursuant to the Section 3(a)
Appears in 1 contract
