Purchase, Sale and Delivery of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Corporation, at a purchase price of % of the principal amount of the Bonds, the respective principal amount of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof. Payment of the purchase price for the Bonds to be purchased by the Underwriters shall be made at the offices of Xxxxx Xxxxxxxxxx LLP, 1301 Avenue of the Americas, New York, N.Y., or at such other place as shall be mutually agreed upon by you and the Corporation, at 10:00 A.M., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such date as shall be agreed upon by you and the Corporation (the "Closing Date"). Payment shall be made to the Corporation by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the Corporation, against delivery to you of the Bonds. The Bonds shall be in such denominations and registered in such names as you may request in writing at least two full business days before the Closing Date.
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Samples: Underwriting Agreement (Duke Energy Capital Trust V)
Purchase, Sale and Delivery of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Corporation, at a purchase price of % of the principal amount of the Bonds, plus accrued interest from , , the respective principal amount of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof. Payment of the purchase price for the Bonds to be purchased by the Underwriters shall be made at the offices of Xxxxx Xxxxxxxxxx LLP, 1301 Avenue of the Americas, New York, N.Y., or at such other place as shall be mutually agreed upon by you and the Corporation, at 10:00 A.M., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such date as shall be agreed upon by you and the Corporation (the "Closing Date"). Payment shall be made to the Corporation by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the Corporation, against delivery to you of the Bonds. The Bonds shall be in such denominations and registered in such names as you may request in writing at least two full business days before the Closing Date.
Appears in 1 contract
Purchase, Sale and Delivery of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation Company agrees to sell to the UnderwritersUnderwriter, and the Underwriters agree, severally and not jointly, Underwriter agrees to purchase from the CorporationCompany, the entire principal amount of the Bonds at a purchase price of % of the principal amount of the Bondsthereof, the respective principal amount of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant accrued interest from , to the provisions of Section 8 hereofClosing Date (as hereinafter defined). Payment of the purchase price for the Bonds to be purchased by the Underwriters Underwriter shall be made at the offices of Xxxxx Xxxxxxxxxx LLPDewex Xxxxxxxxxx, 1301 0001 Avenue of the Americas, New York, N.Y., or at such other place as shall be mutually agreed upon by you and the CorporationCompany, at 10:00 A.M., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such date as shall be agreed upon by you and the Corporation Company (the "Closing Date"). Payment shall be made to the Corporation Company by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the CorporationCompany, against delivery to you of the Bonds. The Bonds shall be in such denominations and registered in such names as you may request in writing at least two full business days before the Closing Date.
Appears in 1 contract
Purchase, Sale and Delivery of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Corporation, at a purchase price of % of the principal amount of the Bonds, the respective principal amount of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof. Payment of the purchase price for the Bonds to be purchased by the Underwriters shall be made at the offices of Xxxxx Xxxxxxxxxx LLP, 1301 Avenue of the Americas, New York, N.Y., or at such other place as shall be mutually agreed upon by you and the Corporation, at 10:00 A.M.a.m., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such and date as shall be agreed upon in writing by you and the Corporation (the "Closing Date"). Payment shall be made to the Corporation by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the Corporation, against delivery to you of the Bonds. The Bonds shall be in such denominations and registered in such names as you may request in writing at least two full business days before the Closing Date.
Appears in 1 contract
Samples: Underwriting Agreement (Duke Energy Capital Trust V)
Purchase, Sale and Delivery of Bonds. On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Corporation, at a purchase price of % of the principal amount of the Bonds, plus accrued interest from , to the Closing Date (as hereinafter defined), the respective principal amount of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant to the provisions of Section 8 hereof. Payment of the purchase price for the Bonds to be purchased by the Underwriters shall be made at the offices of Xxxxx Xxxxxxxxxx LLP, 1301 Avenue of the Americas, New York, N.Y., or at such other place as shall be mutually agreed upon by you and the Corporation, at 10:00 A.M., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such date as shall be agreed upon by you and the Corporation (the "Closing Date"). Payment shall be made to the Corporation by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the Corporation, against delivery to you of the Bonds. The Bonds shall be in such denominations and registered in such names as you may request in writing at least two full business days before the Closing Date.
Appears in 1 contract
Purchase, Sale and Delivery of Bonds. On the basis of the ------------------------------------ representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the CorporationCompany, at a the purchase price of % of the principal amount of the Bondsset forth in Schedule I hereto, the respective principal amount amounts of Bonds set forth opposite the names of the Underwriters in Schedule A hereto plus II hereto. The Company will deliver the respective principal amount of additional Bonds which each such Underwriter may become obligated to purchase pursuant to the provisions Representatives for the accounts of Section 8 hereof. Payment the Underwriters against payment of the purchase price for by Federal or other funds immediately available to the Bonds to be purchased by the Underwriters shall be made Company, at the offices of Xxxxxxxx & Xxxxxxxx, 000 Xxxxx Xxxxxxxxxx LLPXxxxxx, 1301 Avenue of Xxx Xxxx, Xxx Xxxx 00000, at the Americas, New York, N.Y.time and date set forth in Schedule I hereto, or at such other place time and date as shall be mutually agreed upon by you the Representatives and the CorporationCompany determine, at 10:00 A.M., New York City time, on , (unless postponed in accordance with the provisions of Section 8) or such other time not later than three full business days after such and date being herein referred to as shall be agreed upon by you and the Corporation (the "Closing Date"). Payment shall be made to the Corporation by certified or official bank check or checks in New York Clearing House or similar next day funds, payable to the order of the Corporation, against delivery to you of the Bonds. The Bonds shall so to be delivered will be in definitive fully registered form, in such denominations and registered in such names as you may the Representatives request in writing and will be made available for checking and packaging at the office of Bankers Trust Company, One Bankers Trust Plaza, New York, New York, at least two full business days before twenty-four hours prior to the Closing Date.
Appears in 1 contract
Samples: Underwriting Agreement (Rochester Gas & Electric Corp)