Status as Agent. In soliciting offers by others to purchase Notes from the Company, you are acting solely as agent for the Company, and not as principal. You will make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been accepted by the Company, but you shall not have any liability to the Company in the event such purchase is not consummated for any reason. If the Company shall default on its obligation to deliver Notes to a purchaser whose offer it has accepted, the Company shall hold you harmless against any loss, claim or damage arising from or as a result of such default by the Company.
Appears in 5 contracts
Samples: Distribution Agreement (Dominion Resources Capital Trust Iv), Distribution Agreement (Virginia Power Capital Trust Ii), Distribution Agreement (Dominion Resources Capital Trust Iv)
Status as Agent. In soliciting offers by others to purchase Notes --------------- from the Company, you are acting solely as agent for the Company, and not as principal. You will make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been accepted by the Company, but you shall not have any liability to the Company in the event such purchase is not consummated for any reason. If the Company shall default on its obligation to deliver Notes to a purchaser whose offer it has accepted, the Company shall hold you harmless against any loss, claim or damage arising from or as a result of such default by the Company.
Appears in 2 contracts
Samples: Distribution Agreement (Virginia Electric & Power Co), Dominion CNG Capital Trust Ii
Status as Agent. In soliciting offers by others to purchase Notes from --------------- the Company, you are acting solely as agent for the Company, and not as principal. You will make reasonable efforts to assist the Company in obtaining performance by each purchaser whose offer to purchase Notes has been accepted by the Company, but you shall not have any liability to the Company in the event such purchase is not consummated for any reason. If the Company shall default on its obligation to deliver Notes to a purchaser whose offer it has accepted, the Company shall hold you harmless against any loss, claim or damage arising from or as a result of such default by the Company.
Appears in 1 contract
Samples: Consolidated Natural Gas Co/Va
