Common use of Solicitations as Agents Clause in Contracts

Solicitations as Agents. On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, when agreed by the Company and an Agent, such Agent, as an agent of the Company, will use its reasonable efforts to solicit offers to purchase the Notes upon the terms and conditions set forth herein and in the Prospectus. All Notes sold through the Agents as agents will be sold at 100% of their principal amount unless otherwise agreed to by the Company and the Agents. The Company reserves the right, in its sole discretion, to suspend solicitation of purchases of the Notes through an Agent, as an agent of the Company, commencing at any time for any period of time or permanently. As soon as practicable after receipt of instructions from the Company, such Agent will forthwith suspend solicitation of purchases from the Company until such time as the Company has advised such Agent that such solicitation may be resumed. The Company agrees to pay each Agent a commission, in the form of a discount or otherwise as agreed to by the Company and such Agent, equal to the applicable percentage of the principal amount of each Note sold by the Company as a result of a solicitation made by such Agent, as an agent of the Company, as set forth in Schedule A hereto; provided, however, that the Company shall only be obligated to pay one such fee with respect to any particular Note so sold.

Appears in 6 contracts

Samples: Distribution Agreement (Colgate Palmolive Co), Distribution Agreement (Colgate Palmolive Co), Distribution Agreement (Colgate Palmolive Co)

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Solicitations as Agents. On the basis of the representations and ----------------------- warranties herein contained, but subject to the terms and conditions herein set forth, when agreed by the Company and an Agent, such Agent, as an agent of the Company, will use its reasonable efforts to solicit offers to purchase the Notes upon the terms and conditions set forth herein and in the Prospectus. All Notes sold through the Agents as agents will be sold at 100% of their principal amount unless otherwise agreed to by the Company and the Agents. The Company reserves the right, in its sole discretion, to suspend solicitation of purchases of the Notes through an Agent, as an agent of the Company, commencing at any time for any period of time or permanently. As soon as practicable after receipt of instructions from the Company, such Agent will forthwith suspend solicitation of purchases from the Company until such time as the Company has advised such Agent that such solicitation may be resumed. The Company agrees to pay each Agent a commission, in the form of a discount or otherwise as agreed to by the Company and such Agent, equal to the applicable percentage of the principal amount of each Note sold by the Company as a result of a solicitation made by such Agent, as an agent of the Company, ; as set forth in Schedule A ---------- hereto; provided, however, that the Company shall only be obligated to pay one such fee with respect to any particular Note so sold.

Appears in 1 contract

Samples: Distribution Agreement (Colgate Palmolive Co)

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Solicitations as Agents. On the basis of the representations and ----------------------- warranties herein contained, but subject to the terms and conditions herein set forth, when agreed by the Company and an Agent, such Agent, as an agent of the Company, will use its reasonable efforts to solicit offers to purchase the Notes upon the terms and conditions set forth herein and in the Prospectus. All Notes sold through the Agents an Agent as agents agent will be sold at 100% of their principal amount unless otherwise agreed to by the Company and the Agentssuch Agent. The Company reserves the right, in its sole discretion, to suspend solicitation of purchases of the Notes through an Agentthe Agents, as an agent of the Companyagents, commencing at any time for any period of time or permanently. As soon as practicable after Upon receipt of instructions from the Company, such Agent the Agents will forthwith suspend solicitation of purchases from the Company until such time as the Company has advised such Agent the Agents that such solicitation may be resumed. The Company agrees to pay each Agent a commission, in the form of a discount or otherwise as agreed to by the Company and such Agentdiscount, equal to the applicable percentage of the principal amount of each Note sold by the Company as a result of a solicitation made by such Agent, as an agent of the Company, Agent as set forth in Schedule A I hereto; provided, however, that the Company shall only be obligated to pay one such fee with respect to any particular Note so sold.

Appears in 1 contract

Samples: Distribution Agreement (Bankboston Corp)

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