Common use of Suspension of Certain Obligations Clause in Contracts

Suspension of Certain Obligations. The Company shall not be required to comply with the provisions of subsections (e), (h) or (i) of this Section during any period from the time (i) the Agents shall have suspended solicitation of purchases of the Notes in their capacity as agents pursuant to a request from the Company and (ii) the Agents shall not then hold any Notes as principal purchased pursuant to a Terms Agreement, to the time the Company shall determine that solicitation of purchases of the Notes should be resumed or shall subsequently enter into a new Terms Agreement with an Agent.

Appears in 2 contracts

Samples: Distribution Agreement (Mge Energy Inc), Distribution Agreement (Madison Gas & Electric Co)

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Suspension of Certain Obligations. The Company shall not be required to comply with the provisions of subsections (eb), (hd), (e) or (if) of this Section during any period from the time (i) the Agents shall have suspended solicitation of purchases of the Notes in their its capacity as agents agent pursuant to a request from the Company and (ii) the Agents neither Agent shall not then hold any Notes as principal purchased pursuant to a Terms Agreement, to the time the Company shall determine that solicitation of purchases of the Notes should be resumed or shall subsequently enter into a new Terms Agreement with an Agent.

Appears in 2 contracts

Samples: Distribution Agreement (Deere John Capital Corp), Distribution Agreement (Deere & Co)

Suspension of Certain Obligations. The Company shall not be required to comply with the provisions of subsections (e), (h) or (if) of this Section with respect to the Agent during any period from the time (i) the Agents Agent shall have suspended solicitation of purchases of the Notes in their its capacity as agents agent pursuant to a request from the Company and (ii) the Agents Agent shall not then hold any Notes as principal purchased pursuant to a Terms Agreement, to the time the Company shall determine that solicitation of purchases of the Notes should be resumed or shall subsequently enter into a new Terms Agreement with an the Agent.

Appears in 1 contract

Samples: Distribution Agreement (Norwest Corp)

Suspension of Certain Obligations. The Company shall not be required to comply with the provisions of subsections (e), (h) or (if) of this Section with respect to any Agent during any period from the time (i) the Agents such Agent shall have suspended solicitation of purchases of the Notes in their its capacity as agents agent pursuant to a request from the Company and (ii) the Agents such Agent shall not then hold any Notes as principal purchased pursuant to a Terms Agreement, to the time the Company shall determine that solicitation of purchases of the Notes should be resumed or shall subsequently enter into a new Terms Agreement with an such Agent.

Appears in 1 contract

Samples: Distribution Agreement (Norwest Corp)

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Suspension of Certain Obligations. The Company shall not be required to comply with the provisions of subsections (e), (hi) or (ij) of this Section 4 during any period from the time (i) the Agents Agent shall have suspended solicitation of purchases of the Notes in their its capacity as agents agent pursuant to a request from the Company and (ii) the Agents Agent shall not then hold any Notes as principal purchased pursuant to a Terms Agreement, to the time the Company shall determine that solicitation of purchases of the Notes should be resumed or shall subsequently enter into a new Terms Agreement with an the Agent.

Appears in 1 contract

Samples: Distribution Agreement (Midamerican Energy Financing Ii)

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