Remarketed Bonds definition
Examples of Remarketed Bonds in a sentence
Moneys in the Credit Facility Fund, including money provided pursuant to a draw on the Credit Facility to pay the purchase of Bonds pursuant to Section 3.01 or Section 3.02 hereof and proceeds of Remarketed Bonds shall be held uninvested.
Delivery of ------------------------------------------------------------- Purchased and Remarketed Bonds ..............................31 ------------------------------ SECTION 4.07.
No later than 2:00 p.m., New York City time, on each Purchase Date the Remarketing Agent shall transfer to the Bank an amount of the proceeds of the remarketing of the Bonds equal to the amount of the Remarketed Bonds on such Purchase Date and shall give telephonic notice (promptly confirmed by telecopy) to the Tender Agent of the amount of such proceeds transferred to the Bank.
Remarketed Bonds shall be delivered by the Tender Agent, at its Delivery Office, to or upon the order of the purchasers thereof.
Delivery of Proceeds of Sale of Remarketed Bonds ........................................................
Notwithstanding any other provision of this Section 4.2(g), during any R-FLOATs Non-Remarketing Period, all Bonds in the R-FLOATs Mode (including any Bonds in the R-FLOATs Mode that are not R-FLOATs Non- Remarketed Bonds) shall bear interest at the Maximum Rate.