Common use of Termination of Remarketing Agreement Clause in Contracts

Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 5 contracts

Samples: Remarketing Agreement (Sprint Corp), Remarketing Agreement (Kansas City Southern Industries Inc), Remarketing Agreement (Electronic Data Systems Corp /De/)

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Termination of Remarketing Agreement. This Agreement shall terminate as to any the Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 2 (insofar as such Section relates to the payment of the Remarketing Fee) and Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 such Sections shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section Sections 9 and 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 3 contracts

Samples: Remarketing Agreement, Remarketing Agreement (Great Plains Energy Inc), Remarketing Agreement (Great Plains Energy Inc)

Termination of Remarketing Agreement. This Agreement ------------------------------------ shall terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 3 contracts

Samples: Remarketing Agreement (Sprint Corp), Remarketing Agreement (Duke Energy Corp), Remarketing Agreement (Sprint Corp)

Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 2 contracts

Samples: Remarketing Agreement (Coastal Corp), Remarketing Agreement (Kaufman & Broad Home Corp)

Termination of Remarketing Agreement. This Agreement shall terminate as to any the Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits benefits, and subject to the obligations, under Section 10 of this Agreement 8 hereof notwithstanding any such termination or the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 2 contracts

Samples: Remarketing Agreement (Txu Capital Iv), Remarketing Agreement (Txu Corp /Tx/)

Termination of Remarketing Agreement. This Agreement shall terminate as to any each Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement 8 hereof notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Txu Corp /Tx/)

Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which that is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement Agreement, notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Williams Companies Inc)

Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent hereunder shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Duke Energy Corp)

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Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which that is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section Sections 9 and 10 of this Agreement Agreement, notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Keyspan Corp)

Termination of Remarketing Agreement. This Agreement shall ------------------------------------ terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent hereunder shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Duke Energy Corp)

Termination of Remarketing Agreement. This Agreement shall ------------------------------------ terminate as to any Remarketing Agent or Reset Agent which is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Duke Energy Corp)

Termination of Remarketing Agreement. This Agreement shall terminate as to any Remarketing Agent or Reset Agent which that is replaced on the effective date of its replacement pursuant to Section 4(a) hereof or pursuant to Section 4(b) hereof. Notwithstanding any such termination, the obligations set forth in Section 3 hereof shall survive and remain in full force and effect until all amounts payable under said Section 3 shall have been paid in full. In addition, each former Remarketing Agent and Reset Agent hereunder shall be entitled to the rights and benefits under Section 10 of this Agreement notwithstanding the replacement or resignation of such Remarketing Agent or Reset Agent.

Appears in 1 contract

Samples: Remarketing Agreement (Centurytel Inc)

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