Common use of Simultaneous Sales Clause in Contracts

Simultaneous Sales. At the Closing the Trust shall have simultaneously sold to the other Purchasers the principal amount of the Notes set opposite their names in Exhibit A hereto and shall have received from them payment therefor.

Appears in 2 contracts

Sources: Note Agreement (Arkansas Power & Light Co), Note Agreement (Entergy Arkansas Inc)

Simultaneous Sales. At the Closing the Trust shall have simultaneously sold to the other Purchasers the principal amount of the Notes set opposite their respective names in Exhibit A hereto and shall have received from them payment therefor.

Appears in 1 contract

Sources: Note Agreement (Entergy Arkansas Inc)