Example ContractsClauseselectronic delivery and acceptanceVariants
Electronic Delivery and Acceptance
Electronic Delivery and Acceptance contract clause examples

Acceptance. Within the Acceptance Window with respect to any interest rate quotes provided pursuant to Section 2(e), the may, subject to [Section 2(g)], elect to accept such interest rate quotes as to not less than $5,000,000 aggregate principal amount of the Shelf [[holders of the Notes:Organization]] specified in the related Request for Purchase. Such election shall be made by an Authorized Officer of the notifying by e‑mail, telephone or telecopier within the Acceptance Window that the elects to accept such interest rate quotes, specifying the Shelf [[holders of the Notes:Organization]] (each such Shelf Note being an “Accepted Note”) as to which such acceptance (an “Acceptance”) relates. The day the notifies of an Acceptance with respect to any Accepted [[holders of the Notes:Organization]] is herein called the “Acceptance Day” for such Accepted [[holders of the Notes:Organization]]. Any interest rate quotes as to which does not receive an Acceptance within the Acceptance Window shall expire, and no purchase or sale of Shelf [[holders of the Notes:Organization]] hereunder shall be made based on such expired interest rate quotes. Subject to [Section 2(g)] and the other terms and conditions hereof, the agrees to sell to a Party, and agrees to purchase and/or cause the purchase by a Party of, the Accepted [[holders of the Notes:Organization]] at 100% of the principal amount of such [[holders of the Notes:Organization]]. As soon as practicable following the Acceptance Day, the , and each Party which is to purchase any such Accepted [[holders of the Notes:Organization]] will execute a confirmation of such Acceptance substantially in the form of [Schedule 2(f)] attached hereto (a “Confirmation of Acceptance”). If the Accepted Note bears a floating interest rate, then the LIBOR Rate Note Margin specified in the Confirmation of Acceptance shall remain constant for the life of such Note. If the should fail to execute and return to within three Business Days following the ’s receipt thereof a Confirmation of Acceptance with respect to any Accepted [[holders of the Notes:Organization]], may at its election at any time prior to ’s receipt thereof cancel the closing with respect to such Accepted [[holders of the Notes:Organization]] by so notifying the in writing.

2B(5).Acceptance. Within two minutes after Prudential shall have provided any interest rate quotes pursuant to paragraph 2B(4), or such shorter period as Prudential may specify to the Company (such period herein called the “Acceptance Window”), the Company may, subject to paragraph 2B(6), elect to accept such interest rate quotes as to not less than $5,000,000 aggregate principal amount of the Shelf Notes specified in the related Request for Purchase. Such election shall be made by an Authorized Signatory of the Company notifying Prudential by telephone or email within the Acceptance Window that the Company elects to accept such interest rate quotes, specifying the financial terms referred to in clause (ii) of paragraph 2B(3) with respect to such Shelf Notes (each such Note being herein called an “Accepted Note”) as to which such acceptance (herein called an “Acceptance”) relates. The day the Company notifies an Acceptance with respect to any Accepted Notes is herein called the “Acceptance Day” for such Accepted Notes. Any interest rate quotes as to which Prudential does not receive an Acceptance within the Acceptance Window shall expire, and no purchase or sale of Shelf Notes hereunder shall be made based on such expired interest rate quotes. Subject to paragraph 2B(6) and the other terms and conditions hereof, the Company agrees to sell to one or more Prudential Affiliates, and Prudential agrees to cause the purchase by one or more Prudential Affiliates of, the Accepted Notes at 100% of the principal amount of such Shelf Notes. As soon as practicable following the Acceptance Day, the Company and each Prudential Affiliate which is to purchase any such Accepted Notes will execute a confirmation of such Acceptance substantially in the form of [Exhibit C] (herein called a “Confirmation of Acceptance”). If the Company should fail to execute and return to Prudential within three Business Days following receipt thereof from Prudential of a Confirmation of Acceptance with respect to any Accepted Notes, Prudential may at its election at any time prior to its receipt thereof cancel the closing with respect to such Accepted Notes by so notifying the Company in writing.

2B(5) Acceptance TC \l "1". Within 2 minutes after [[Organization B:Organization]] shall have provided any interest rate quotes pursuant to [Section 2B(4)] or such shorter period as [[Organization B:Organization]] may specify to [[Organization A:Organization]] (such period herein called the “Acceptance Window”), [[Organization A:Organization]] may, subject to [Section 2B(6)], elect to accept such interest rate quotes as to not less than $5,000,000 aggregate principal amount of the Shelf Notes specified in the related Request for Purchase. Such election shall be made by an Authorized Officer of [[Organization A:Organization]] notifying [[Organization B:Organization]] by telephone or email within the Acceptance Window (but not earlier than 9:30 a.m. or later than 1:30 p.m. (or such later time as [[Organization B:Organization]] may agree), New York City local time) that [[Organization A:Organization]] elects to accept such interest rate quotes, specifying the Shelf Notes (each such Shelf Note being herein called an “Accepted Note”) as to which such acceptance (herein called an “Acceptance”) relates. The day [[Organization A:Organization]] notifies [[Organization B:Organization]] of an Acceptance with respect to any Accepted Notes is herein called the “Acceptance Day” for such Accepted Notes. Any interest rate quotes as to which [[Organization B:Organization]] does not receive an Acceptance within the Acceptance Window shall expire, and no purchase or sale of Shelf Notes hereunder shall be made based on such expired interest rate quotes. Subject to [Sections 2B(2) and 2B(6)])] and the other terms and conditions hereof, [[Organization A:Organization]] agrees to sell to one or more Prudential Affiliates, and [[Organization B:Organization]] agrees to cause the purchase by one or more Prudential Affiliates of, the Accepted Notes at 100% of the principal amount of such Accepted Notes. As soon as practicable following the Acceptance Day, [[Organization A:Organization]], [[Organization B:Organization]] and each Prudential Affiliate which is to purchase any such Accepted Notes will execute a confirmation of such Acceptance substantially in the form of Exhibit C (herein called a “Confirmation of Acceptance”). If [[Organization A:Organization]] should fail to execute and return to [[Organization B:Organization]] within 2 Business Days following receipt thereof a Confirmation of Acceptance with respect to any Accepted Notes, [[Organization B:Organization]] may at its election at any time prior to its receipt thereof cancel the closing with respect to such Accepted Notes by so notifying [[Organization A:Organization]] in writing.

Acceptance Window” means, with respect to any interest rate quotes provided by pursuant to Section 2(e), the time period designated by during which the may elect to accept such interest rate quotes as to not less than $5,000,000 in aggregate principal amount of Shelf [[holders of the Notes:Organization]] specified in the related Request for Purchase.

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