Delivery of Purchased Bonds Sample Clauses

Delivery of Purchased Bonds. (a) Bonds purchased shall be delivered as follows:
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Delivery of Purchased Bonds. (a) Remarketed Bonds shall be delivered by the Tender Agent, at its Delivery Office, to or upon the order of the purchasers thereof.
Delivery of Purchased Bonds. (a) Bonds sold by the Remarketing Agent pursuant to Section 4.04 hereof shall be delivered to the Remarketing Agent, as specified in Section 4.04(e) hereof.
Delivery of Purchased Bonds. (a) Bonds purchased with moneys described in Section 4.03(a) hereof shall be delivered by the Trustee, at its Delivery Office, to or upon the order of the purchasers thereof and beneficial interests so purchased shall be registered on the books of the Securities Depository in the name of the Participant through whom the new Beneficial Owner has purchased such beneficial interest; provided, however, that during any Credit Facility Period, the Trustee shall not deliver any Bonds, and there shall not be registered any beneficial ownership with respect to Bonds described in this paragraph which were Pledged Bonds, until the Credit Provider has confirmed that the Credit Facility has been reinstated in full.
Delivery of Purchased Bonds. (i) Bonds sold by the Remarketing Agent pursuant to Section 313 shall be delivered to the purchasers
Delivery of Purchased Bonds. (A) Bonds purchased with moneys described in Section 306(A) hereof shall be delivered by the Trustee, at its principal office, to or upon the order of the Remarketing Agent.
Delivery of Purchased Bonds. (a) Bonds purchased with moneys described in SECTION 4.05(a) hereof shall be delivered by the Tender Agent, at its Delivery Office, to or upon the order of the purchasers thereof.
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Delivery of Purchased Bonds. (a) Bonds (or portions thereof in authorized denominations) purchased pursuant to Section 2.05 (other than on a Fixed Rate Conversion Date) shall be delivered as follows:
Delivery of Purchased Bonds. If the Bonds of a Series are held in a book-entry-only system, the Remarketing Agent shall designate beneficial interests in Bonds of such Series purchased with moneys described in Section 3.03(a) hereof as being held for the account of such purchasers. Beneficial interests purchased with moneys described in Section 3.03(b) hereof shall be designated by the Remarketing Agent as being held for the account of the Corporation indicating their status as Pledged Bonds, and disposed of pursuant to Section 3.06 hereof. Beneficial interests purchased with moneys described in Section 3.03(c) hereof shall be designated by the Remarketing Agent as being held for the account of the Corporation indicating their status as Corporation Bonds. If the Bonds of a Series are no longer held in a book-entry-only system, the Tender Agent shall make available by 12:00 noon, New York Time, on a purchase date (whether optional or mandatory), at its Principal Office, Bonds of such Series purchased with moneys described in Section 3.03(a) hereof for receipt by the purchaser thereof. Bonds of such Series purchased with moneys described in Section 3.03(a) hereof shall be registered in the manner directed by the Remarketing Agent and delivered to the Remarketing Agent for redelivery to the purchasers thereof. Bonds purchased with moneys described in Section 3.03(b) hereof shall be delivered by the Tender Agent to the Trustee, and registered by the Trustee in the name of the Corporation indicating their status as Pledged Bonds, and disposed of pursuant to Section 3.06 hereof. Bonds purchased with moneys described in Section 3.03(c) hereof shall be registered in the name of the Corporation indicating their status as Corporation Bonds and delivered to the Corporation.
Delivery of Purchased Bonds. (a) Bonds remarketed by the Remarketing Agent pursuant to Section 3.07 hereof shall be canceled by the Tender Agent and new Bonds in a like aggregate principal amount shall be registered by the Tender Agent in the names and shall be in the denominations set forth in the written notice given to the Trustee and the Tender Agent by the Remarketing Agent pursuant to Section 3.07 hereof, and the Tender Agent shall deliver (or make available for pickup) such Bonds to the purchasers thereof at the written direction of the Remarketing Agent and shall promptly notify the Trustee in writing of such cancellation and registration. (b) Purchased Bonds shall be registered by the Trustee in the name or at the written direction of the Credit Bank to the extent amounts drawn under the Letter of Credit were applied to the purchase of Purchased Bonds and shall be delivered by the Trustee to (or made available for pickup by) the Credit Bank, or held by the Trustee (or, if the Bonds are held in the Book-Entry System, such Bonds shall be recorded in the books of the Securities Depository) for the benefit of the Credit Bank as required by the Reimbursement Agreement and Pledge Agreement, as directed in writing by the Credit Bank. So long as any Bonds are registered in the name of the Credit Bank or its nominee or held by the entity holding the Bonds for the benefit of the Credit Bank, such Purchased Bonds shall be subordinate as to principal to all other Bonds outstanding hereunder, shall bear interest at an interest rate as determined pursuant to the provisions of the Reimbursement Agreement, and may not be tendered for purchase pursuant to Section 2.03(a) hereof. The Remarketing Agent shall, however, continue its efforts to remarket such Purchased Bonds on behalf of the Credit Bank; provided, however, unless a Letter of Credit or Alternate Credit Facility meeting the requirements of Section 5.01 hereof, is provided, Purchased Bonds shall not be remarketed. Bonds registered in the name or at the direction of the Credit Bank or its nominee or held for benefit of the Credit Bank, shall not, upon remarketing, be reregistered or delivered to the purchaser of such Bonds until the Trustee or the Securities Depository, depending on the entity holding the Bonds for the benefit of the Bank has received written evidence from the Credit Bank that the Letter of Credit has been reinstated to amount equal to the principal amount of Bonds outstanding plus an amount equal to interest on the ou...
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