Common use of Sale of Purchased Variable Rate Bonds Clause in Contracts

Sale of Purchased Variable Rate Bonds. Upon receipt of a Remarketing Notice in accordance with subsection (a), the Corporation shall direct the Trustee to deliver those Variable Rate Bonds held in the account of the Corporation being remarketed by the Remarketing Agent against payment for such Variable Rate Bonds in an amount equal to the Purchase Price plus interest accrued and unpaid.

Sale of Purchased Variable Rate Bonds. Upon receipt of a Remarketing Notice in accordance with subsection (a), the Corporation shall direct the Trustee Tender Agent to deliver those Variable Rate Bonds held in the account of the Corporation being remarketed by the Remarketing Agent against payment for such Variable Rate Bonds in an amount equal to the Purchase Price principal amount thereof plus interest accrued and unpaidthereon at the Provider Rate.

Sale of Purchased Variable Rate Bonds. Upon receipt of a ------------------------------------- Remarketing Notice in accordance with subsection (a), the Corporation shall direct the Trustee Tender Agent to deliver those Variable Rate Bonds held in the account of the Corporation being remarketed by the Remarketing Agent against payment for such Variable Rate Bonds in an amount equal to the Purchase Price principal amount thereof plus interest accrued and unpaidthereon at the Provider Rate.