Purchase and Sale; Remarketing Fee. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth or incorporated herein, the Remarketing Agents agree to use their commercially reasonable efforts to remarket, and to purchase from the registered holder or holders thereof in the manner specified in Section 6 hereof, the principal amount of the Subject Debentures set forth in Schedule I hereto at a price equal to or greater than 100% of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price]2 [the aggregate principal amount of the Subject Debentures]3 plus the applicable Remarketing Fee. In connection therewith, under the terms of the Debentures the registered holder or holders thereof has/have agreed, in the manner, and from the portion of the proceeds, specified in Section 6 hereof, to pay to the Remarketing Agents a Remarketing Fee equal to ___ basis points (___%) of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price] [the aggregate principal amount of the Subject Debentures]. If fewer than all of the Subject Debentures are remarketed in accordance with the terms hereof, or a condition precedent set forth in the Purchase Contract Agreement is not fulfilled, the Remarketing shall be deemed to have failed as to all Subject Debentures.
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Samples: Remarketing Agreement (Florida Power & Light Co), Remarketing Agreement (Florida Power & Light Co), Remarketing Agreement (Florida Power & Light Co)
Purchase and Sale; Remarketing Fee. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth or incorporated herein, the Remarketing Agents agree Agent agrees to use their commercially its reasonable efforts to remarket, and to purchase from the registered holder or holders thereof in the manner specified in Section 6 5 hereof, the principal amount of the Subject Debentures set forth in Schedule I hereto at a purchase price equal to or greater not less than 100_____% of [the Remarketing applicable Treasury Portfolio Purchase Price Price, plus accrued and unpaid interest on the Separate Debentures Purchase Price]2 Subject Debentures] [the aggregate principal amount of the Subject Debentures]3 such Debentures, plus the applicable Remarketing Feeany accrued and unpaid interest thereon]. In connection therewith, therewith under the terms of the Debentures Debentures, the registered holder or holders thereof has/have agreed, in the manner, and from the portion of the proceeds, manner specified in Section 6 5 hereof, to pay to the Remarketing Agents Agent a Remarketing Fee equal to an amount determined by agreement of FPL Group, FPL Group Capital and the Remarketing Agent, which shall not exceed ____ basis points (___%.____%) of [the Remarketing applicable Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price] [the aggregate principal amount of the Subject remarketed Debentures], from any amount received from such Remarketing in excess of [the applicable Treasury Portfolio Purchase Price] [the aggregate principal amount of such remarketed Debentures plus any accrued and unpaid interest thereon]. If fewer than all of the Subject Debentures are remarketed in accordance with the terms hereof, or a condition precedent set forth in the Purchase Contract Agreement is not fulfilled, the Remarketing shall be deemed to have failed as to all Subject Debentures.
Appears in 2 contracts
Samples: Remarketing Agreement (FPL Group Capital Inc), Remarketing Agreement (FPL Group Trust II)
Purchase and Sale; Remarketing Fee. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth or incorporated herein, the Remarketing Agents agree Agent agrees to use their commercially its reasonable efforts to remarket, and to purchase from the registered holder or holders thereof in the manner specified in Section 6 5 hereof, the principal amount of the Subject Debentures set forth in Schedule I hereto at a purchase price equal to or greater not less than 100_____% of [the Remarketing Applicable Treasury Portfolio Purchase Price Price, plus accrued and unpaid interest on the Separate Debentures Purchase Price]2 Subject Debentures] [the aggregate principal amount of the Subject Debentures]3 such Debentures, plus the applicable Remarketing Feeany accrued and unpaid interest thereon]. In connection therewith, therewith under the terms of the Debentures Debentures, the registered holder or holders thereof has/have agreed, in the manner, and from the portion of the proceeds, manner specified in Section 6 5 hereof, to pay to the Remarketing Agents Agent a Remarketing Fee equal to an amount determined by agreement of FPL Group, FPL Group Capital and the Remarketing Agent, which shall not exceed ____ basis points (___%.____%) of [the Remarketing Applicable Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price] [the aggregate principal amount of the Subject remarketed Debentures], from any amount received from such Remarketing in excess of [the Applicable Treasury Portfolio Price] [the aggregate principal amount of such remarketed Debentures plus any accrued and unpaid interest thereon]. If fewer than all of the Subject Debentures are remarketed in accordance with the terms hereof, or a condition precedent set forth in the Purchase Contract Agreement is not fulfilled, the Remarketing shall be deemed to have failed as to all Subject Debentures.
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Purchase and Sale; Remarketing Fee. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth or incorporated herein, the Remarketing Agents agree Agent agrees to use their its commercially reasonable efforts to remarket, and to purchase from the registered holder or holders thereof in the manner specified in Section 6 5 hereof, the principal amount of the Subject Debentures set forth in Schedule I hereto at a price equal to or greater than 100% of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price]2 Price]
(1) [the aggregate principal amount of the Subject Debentures]3 Debentures](2) plus the applicable Remarketing Fee. In connection therewith, under the terms of the Debentures the registered holder or holders thereof has/have agreed, in the manner, and from the portion of the proceeds, specified in Section 6 5 hereof, to pay to the Remarketing Agents Agent a Remarketing Fee equal to ___ basis points (___0. %) of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price] [the aggregate principal amount of the Subject Debentures]. If fewer than all of the Subject Debentures are remarketed in accordance with the terms hereof, or a condition precedent set forth in the Purchase Contract Agreement is not fulfilled, the Remarketing shall be deemed to have failed as to all Subject Debentures.
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Purchase and Sale; Remarketing Fee. Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth or incorporated herein, the Remarketing Agents agree to use their commercially reasonable efforts to remarket, and to purchase from the registered holder or holders thereof in the manner specified in Section 6 hereof, the principal amount of the Subject Debentures set forth in Schedule I hereto at a price equal to or greater than 100% of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price]2 [the aggregate principal amount of the Subject Debentures]3 plus the applicable Remarketing Fee. In connection therewith, under the terms of the Debentures the registered holder or holders thereof has/have agreed, in the manner, and from the portion of the proceeds, specified in Section 6 hereof, to pay to the Remarketing Agents a Remarketing Fee equal to ___ basis points (___( %) of [the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price] [the aggregate principal amount of the Subject Debentures]. If fewer than all of the Subject Debentures are remarketed in accordance with the terms hereof, or a condition precedent set forth in the Purchase Contract Agreement is not fulfilled, the Remarketing shall be deemed to have failed as to all Subject Debentures.
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