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These excerpts taken from the BP F-3ASR filed Dec 1, 2008. Section 5.5-1 Investments and Payment of Uninvested Funds
The Administrator shall, or if it is not an Independent Agent shall cause the Independent Agent to, use its best efforts to invest Initial Cash Investments and Optional Cash Investments within five (5) Business Days of the Administrator’s receipt of same and to invest the Reinvestment Fund within thirty (30) days of the relevant Dividend Payment Date, except in each case where deferral is necessary to comply with applicable federal or state securities laws. Any Optional Cash Investments and Initial Cash Investments not invested in ADS Shares within thirty-five (35) days of receipt by the Administrator, and any Dividends not invested in ADS Shares within thirty (30) days of the relevant Dividend Payment Date shall be promptly sent by first class mail to the relevant Participants or, in the case of Initial Cash Investments, to the submitting Person at his address of record.
Section 5.5-1 Investments and Payment of Uninvested Funds The Administrator shall, or if it is not an Independent Agent shall cause the Independent Agent to, use its best efforts to invest Initial Cash Investments and Optional Cash Investments within five (5) Business Days of the Administrator’s receipt of same and to invest the Reinvestment Fund within thirty (30) days of the relevant Dividend Payment Date, except in each case where deferral is
These excerpts taken from the BP F-3 filed Nov 18, 2008. Section 5.5-1 Investments and Payment of Uninvested Funds
The Administrator shall, or if it is not an Independent Agent shall cause the Independent Agent to, use its best efforts to invest Initial Cash Investments and Optional Cash Investments within five (5) Business Days of the Administrator’s receipt of same and to invest the Reinvestment Fund within thirty (30) days of the relevant Dividend Payment Date, except in each case where deferral is necessary to comply with applicable federal or state securities laws. Any Optional Cash Investments and Initial Cash Investments not invested in ADS Shares within thirty-five (35) days of receipt by the Administrator, and any Dividends not invested in ADS Shares within thirty (30) days of the relevant Dividend Payment Date shall be promptly sent by first class mail to the relevant Participants or, in the case of Initial Cash Investments, to the submitting Person at his address of record.
Section 5.5-1 Investments and Payment of Uninvested Funds The Administrator shall, or if it is not an Independent Agent shall cause the Independent Agent to, use its best efforts to invest Initial Cash Investments and Optional Cash Investments within five (5) Business Days of the Administrator’s receipt of same and to invest the Reinvestment Fund within thirty (30) days of the relevant Dividend Payment Date, except in each case where deferral is
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