Procedure for Rate Setting and Posting. The Company and the Agents will discuss, from time to time, the aggregate principal amounts of, the Maturities, the Issue Price and the interest rates to be borne by Notes that may be sold as a result of the solicitation of orders by the Agents. If the Company decides to set interest rates borne by any Notes in respect of which the Agents are to solicit orders (the setting of such interest rates to be referred to herein as "Posting," and the day on which rates are posted is referred to herein as the "Posting Day") or if the Company decides to change interest rates previously posted by it, it will promptly advise the Agents of the prices and interest rates to be posted. The Company will assign a separate CUSIP number for each tranche of Notes to be posted, and will so advise and notify the Trustee and Purchasing Agent of said assignment by telephone and/or by telecopier or other form of electronic transmission. The Purchasing Agent will, in turn, include the assigned CUSIP number on all Posting notices communicated to the Agents and Selling Group members.
Appears in 4 contracts
Samples: Selling Agent Agreement (Caterpillar Financial Services Corp), Selling Agent Agreement (Caterpillar Financial Services Corp), Selling Agent Agreement (Caterpillar Financial Services Corp)
Procedure for Rate Setting and Posting. The Company and the Agents Purchasing Agent will discuss, from time to time, the aggregate principal amounts of, the Maturities, the Issue Price and the interest rates to be borne by Notes that may be sold as a result of the solicitation of orders by the Agents. If the Company decides to set interest rates borne by any Notes in respect of which the Agents are to solicit orders (the setting of such interest rates to be referred to herein as "Posting," and the day on which rates are posted is referred to herein as the "Posting Day") or if the Company decides to change interest rates previously posted by it, it will promptly advise the Agents Purchasing Agent of the prices and interest rates to be posted. The Purchasing Agent in turn will advise the Agents and Selling Group Members. The Company will assign a separate CUSIP number for each tranche of Notes to be posted, and will so advise and notify the Trustee and Purchasing Agent of said assignment by telephone and/or by telecopier or other form of electronic transmission. The Purchasing Agent will, in turn, include the assigned CUSIP number on all Posting notices communicated to the Agents and Selling Group members.
Appears in 4 contracts
Samples: Selling Agent Agreement (General Motors Acceptance Corp), Selling Agent Agreement (General Motors Acceptance Corp), Selling Agent Agreement (General Motors Acceptance Corp)
Procedure for Rate Setting and Posting. The Company and the Agents Purchasing Agent will discuss, from time to time, the aggregate principal amounts of, the Maturities, the Issue Price and the interest rates to be borne by Notes that may be sold as a result of the solicitation of orders by the Agents. If the Company decides to set interest rates borne by any Notes in respect of which the Agents are to solicit orders (the setting of such interest rates to be referred to herein as "Posting," and the day on which rates are posted is referred to herein as the "Posting Day") ), or if the Company decides to change interest rates previously posted by it, it will promptly advise the Agents Purchasing Agent of the prices and interest rates to be posted. The Company Purchasing Agent in turn will promptly advise the other Agents. The Company, in consultation with the Trustee, will assign a separate CUSIP number for each tranche of Notes to be posted, and will so advise and notify the Trustee and Purchasing Agent of said assignment by telephone and/or by telecopier or other form of electronic transmissiontransmission prior to Posting. The Purchasing Agent will, in turn, include the assigned CUSIP number on all Posting notices communicated to the Agents and Selling Group members.
Appears in 2 contracts
Samples: Selling Agent Agreement (Hancock John Life Insurance Co), Selling Agent Agreement (Hancock John Life Insurance Co)