Change in Mode Clause Samples
Change in Mode. In the event that Bonds in the Weekly Mode are converted to another Mode, such Bonds are subject to mandatory tender for purchase upon not less than thirty (30) days' prior written notice from the Paying Agent to the Bondowners as provided in the forms of Bonds, which notice shall state that the Bonds are subject to mandatory tender for purchase.
Change in Mode. The Notes are subject to mandatory tender for purchase on each Conversion Date, upon notice and in accordance with the provisions of Section 1(b)(iii) hereof.
Change in Mode. In the event that the Notes in the Initial Floating Rate Mode are converted to another Mode, the Notes are subject to mandatory tender for purchase in lieu of redemption on the Conversion Date upon such notice and in accordance with the provisions of Section 308(d) hereof.
