Common use of Solicitations as Agent Purchases as Principal Clause in Contracts

Solicitations as Agent Purchases as Principal. In soliciting purchases of the Notes on behalf of the Company, each Agent shall act solely as agent for the Company and not as principal. Each Agent shall make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been solicited by such Agent, as agent, and accepted by the Company. The Agents shall not have any liability to the Company in the event any such purchase is not consummated by a purchaser for any reason. The Agents shall not have any obligation to purchase Notes from the Company as principal, but an Agent may agree from time to time to purchase Notes as principal.

Appears in 3 contracts

Samples: Distribution Agreement (Thomas & Betts Corp), Distribution Agreement (Thomas & Betts Corp), Distribution Agreement (Thomas & Betts Corp)

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