Common use of Sale and Purchase of Bonds Clause in Contracts

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amount

Appears in 2 contracts

Samples: Purchase Agreement (Potomac Electric Power Co), Purchase Agreement (Potomac Electric Power Co)

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Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountamount thereof. The obligations of each Purchaser hereunder are several and not joint obligations and each Purchaser

Appears in 1 contract

Samples: Purchase Agreement (Delmarva Power & Light Co /De/)

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountAmericasActive:13347863.5

Appears in 1 contract

Samples: Bond Purchase Agreement (Atlantic City Electric Co)

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser Purchaser, and each Purchaser will purchase from the Company, in two tranches at the Initial Closing and the Second Closing provided for in Section section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the a purchase price of equal to 100% of the face principal amountamount thereof.

Appears in 1 contract

Samples: Bond Purchase Agreement (Green Mountain Power Corp)

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountamount thereof. The obligations of each Purchaser hereunder are several and not joint obligations and each Purchaser shall have no obligation and no liability to any Person for the performance or nonperformance by any other Purchaser hereunder. SECTION 3.

Appears in 1 contract

Samples: Purchase Agreement (Delmarva Power & Light Co /De/)

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Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountamount thereof. The obligations of each Purchaser hereunder are several and not joint obligations and each Purchaser shall have no obligation and no liability to any Person for the performance or

Appears in 1 contract

Samples: Purchase Agreement (Potomac Electric Power Co)

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountamount thereof. The

Appears in 1 contract

Samples: Atlantic City Electric Co

Sale and Purchase of Bonds. Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Bonds in the principal amount and of the series specified opposite such Purchaser’s name in Schedule A to this Agreement at the purchase price of 100% of the principal amountamount thereof. The obligations of each Purchaser hereunder are several and not joint obligations and each Purchaser shall have no

Appears in 1 contract

Samples: Bond Purchase Agreement (Delmarva Power & Light Co /De/)

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