Common use of Purchase and Sale of the Notes Clause in Contracts

Purchase and Sale of the Notes. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, EPO agrees to issue and sell the Notes to the several Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase from EPO (a) the principal amount of the 2029 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 99.305% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date and (b) the principal amount of the 2050 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 98.917% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date. EPO shall not be obligated to deliver any of the Notes except upon payment for all the Notes to be purchased as provided herein. EPO understands that the Underwriters intend to make a public offering of the Notes as soon after the effectiveness of this Agreement as in the judgment of the Representatives is advisable, and initially to offer the Notes on the terms and conditions set forth in the Pricing Disclosure Package and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Enterprise Products Partners L P)

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Purchase and Sale of the Notes. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, EPO agrees to issue and sell the Notes to the several Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase from EPO (a) the principal amount of the 2029 2023 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 99.30599.258% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date and (b) the principal amount of the 2050 2044 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 98.91798.744% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date. EPO shall not be obligated to deliver any of the Notes except upon payment for all the Notes to be purchased as provided herein. EPO understands that the Underwriters intend to make a public offering of the Notes as soon after the effectiveness of this Agreement as in the judgment of the Representatives is advisable, and initially to offer the Notes on the terms and conditions set forth in the Pricing Disclosure Package and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Enterprise Products Partners L P)

Purchase and Sale of the Notes. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, EPO agrees to issue and sell the Notes to the several Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase from EPO (a) the principal amount of the 2029 2030 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 99.30599.271% of the principal amount thereof, plus accrued interest, if any, from July 8January 15, 2019 2020 to the Delivery Date and Date, (b) the principal amount of the 2050 2051 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 98.91798.538% of the principal amount thereof, plus accrued interest, if any, from July 8January 15, 2019 2020 to the Delivery Date and (c) the principal amount of the 2060 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 98.485% of the principal amount thereof, plus accrued interest, if any, from January 15, 2020 to the Delivery Date. EPO shall not be obligated to deliver any of the Notes except upon payment for all the Notes to be purchased as provided herein. EPO understands that the Underwriters intend to make a public offering of the Notes as soon after the effectiveness of this Agreement as in the judgment of the Representatives is advisable, and initially to offer the Notes on the terms and conditions set forth in the Pricing Disclosure Package and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Enterprise Products Partners L.P.)

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Purchase and Sale of the Notes. On the basis of the representations and warranties contained in, and subject to the terms and conditions of, this Agreement, EPO agrees to issue and sell the Notes to the several Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase from EPO (a) the principal amount of the 2029 2015 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 99.30599.591% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date and (b) the principal amount of the 2050 2043 Notes set forth opposite that Underwriter’s name in Schedule I hereto at a price equal to 98.91798.595% of the principal amount thereof, plus accrued interest, if any, from July 8, 2019 to the Delivery Date. EPO shall not be obligated to deliver any of the Notes except upon payment for all the Notes to be purchased as provided herein. EPO understands that the Underwriters intend to make a public offering of the Notes as soon after the effectiveness of this Agreement as in the judgment of the Representatives is advisable, and initially to offer the Notes on the terms and conditions set forth in the Pricing Disclosure Package and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Enterprise Products Partners L P)

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