Remarketing of Bonds. Upon the receipt by the Remarketing Agent of notice of the receipt by the Tender Agent of any notice of tender, the Remarketing Agent, subject to the terms of the Remarketing Agreement, shall offer for sale, and shall use its best efforts to sell, the Bonds in respect of which such notice has been given on the related Purchase Date. Unless otherwise instructed by the Borrower, the Remarketing Agent will offer for sale and use its best efforts to sell any Bonds subject to mandatory tender for purchase on the related Mandatory Purchase Date. Any such Bonds shall be offered: (i) at a purchase price equal to the principal amount thereof, plus accrued interest, if any, to the Purchase Date or Mandatory Purchase Date, as the case may be, and (ii) pursuant to terms calling for payment of the purchase price on such Purchase Date or Mandatory Purchase Date, as the case may be, against delivery of such Bonds. In addition, the Remarketing Agent shall, unless otherwise directed by the Borrower, and subject to the terms of the Remarketing Agreement, offer for sale, and use its best efforts to sell any Bonds purchased by the Borrower. Any such Bonds shall be offered at a purchase price equal to the principal amount thereof, plus accrued interest to the sale date. The Remarketing Agent shall not be required to remarket any Bonds after the occurrence and during the continuance of a default in the payment of the Bonds. By 10:30 A.M., New York City time, on any Purchase Date or Mandatory Purchase Date, the Remarketing Agent shall give notice by telephone of the principal amount of Bonds for which it has arranged a remarketing and the principal amount of Bonds subject to tender for purchase on such Purchase Date or Mandatory Purchase Date for which it has not arranged a remarketing to the Trustee, the Tender Agent and the Borrower. By 12:30 P.M., New York City time, on such Purchase Date or Mandatory Purchase Date, the Remarketing Agent shall transfer to the Tender Agent the proceeds of the remarketing of such Bonds. If by 12:30 P.M., New York City time, on any Purchase Date or Mandatory Purchase Date, the Tender Agent has not obtained sufficient remarketing proceeds to pay the purchase price of Bonds subject to tender for purchase on such Purchase Date or Mandatory Purchase Date, the Tender Agent shall immediately inform the Trustee and the Trustee shall immediately demand payment by the Borrower of moneys sufficient for such purchase. The Borrower shall deliver any such mo...
Remarketing of Bonds. The Remarketing Agent for the Bonds of a subseries shall use its best efforts to offer for sale:
Remarketing of Bonds. The Remarketing Agent shall remarket, in accordance with the terms of the Remarking Agreement, Bonds or beneficial interests tendered pursuant to the terms of Sections 4.01 and 4.02 hereof at a price equal to the principal amount thereof plus accrued interest thereon from the last previous Interest Payment Date upon which interest has been paid to the date of such remarketing. The Remarketing Agent will deliver any proceeds derived from remarketing the Bonds to the Trustee prior to 12:00 Noon New York City time on the Mandatory Purchase Date or the Tender Date, as applicable. The Trustee shall not authenticate and release Bonds or beneficial interests in Bonds prior to 12:00 Noon New York City time on the date of any remarketing.
Remarketing of Bonds. (a) By 11:00 a.m., New York time, on the date the Trustee receives notice from any Bondholder in accordance with Section 4.01(a) hereof, and promptly, but in no event later than 11:30 a.m., New York time, on the Business Day following the day on which the Trustee receives notice from any Bondholder of its demand to have the Trustee purchase Bonds pursuant to Section 4.01(b) hereof, the Trustee shall give facsimile or telephonic notice, confirmed in writing thereafter, to the Remarketing Agent specifying the principal amount of Bonds which such Bondholder has demanded to have purchased and the date on which such Bonds are demanded to be purchased, with a copy of such notice to the Liquidity Provider or Bank, as applicable, if a Liquidity Facility or Letter of Credit is in effect with respect to such Bonds.
Remarketing of Bonds. (a) Upon the receipt by the Remarketing Agent of any notice from the Trustee that any Bondholder (or DTC Participant, with respect to any Bonds in “book entry only” form) has delivered a notice pursuant to Section 5.1(b) hereof, or upon receipt of any notice from the Trustee of Bonds deemed to have been tendered in accordance with the provisions of Section 5.2, the Remarketing Agent shall offer for sale and use its best efforts to market the Bonds referred to in such notice from a Bondholder or such notice from the Trustee at a price of par plus accrued interest to the Bond Purchase Date, in accordance with the Remarketing Agreement; provided, however, that the Remarketing Agent shall not knowingly offer for sale or sell such Bonds to the Issuer, the Borrower or any general partner, member or any guarantor of the Borrower. The Remarketing Agent has no obligation to remarket Bonds registered in the name of the Borrower, the Credit Facility Provider or any general partner, member or guarantor of the Borrower unless the Credit Facility shall be in full force and effect after such remarketing.
Remarketing of Bonds. Pursuant to the Remarketing Agreement, the Remarketing Agent will use its best efforts to remarket the Bonds at a price of par plus accrued interest, if any, and shall give notice by telephone or telex, promptly confirmed in writing, at or prior to 12:00 noon, New York City time, on the Business Day preceding the date any Bonds are to be purchased, to the Company, the Trustee and the Tender Agent, specifying the principal amount of such Bonds, if any, remarketed and the registration information of the purchasers, and shall deliver the proceeds of such sale to the Trustee.
Remarketing of Bonds. (a) Upon receipt of any notice given pursuant to Section 2.05 that any Bonds will be or are required to be tendered for purchase in accordance with Section 2.05, the Remarketing Agents shall use their best efforts to remarket such Bonds (or portions thereof in authorized denominations) on any Optional Tender Date or Purchase Date at the Purchase Price. By 2:00 p.m., New York City time, on the Business Day prior to each Optional Tender Date or Purchase Date, the Remarketing Agents shall give notice by telecopy or telephone (confirmed in writing) of the principal amount of such Bonds (or portions thereof in authorized denominations) and the registration information concerning the new Bondowners, for which they have arranged a remarketing and for which the Remarketing Agents hold remarketing proceeds on hand, to the Trustee, the Tender Agent, the Paying Agent and the Bank and, by 12:00 noon, New York City time, on each Optional Tender Date or Purchase Date shall transfer to the Tender Agent the proceeds of the remarketing of such Bonds for delivery to the Bank upon verification that sufficient amounts relating to such Bonds have been paid under the Letter of Credit and upon reinstatement of the related amount under the Letter of Credit. Bonds remarketed pursuant to the provisions of this Indenture shall not be released until a Letter of Credit meeting the terms of this Indenture shall be reinstated for such Bonds.
Remarketing of Bonds. (a) The Remarketing Agent shall ----------- -------------------- offer for sale and use its best efforts to sell Bonds tendered pursuant to Section 304 hereof on the Purchase Date at the purchase price therefor. The Remarketing Agent, for its own account and not as an agent of the Borrower, the Issuer or the Trustee, may purchase any Bonds remarketed by it hereunder.
Remarketing of Bonds. (a) No later than the close of business on the Business Day on which it receives an Optional Tender Notice with respect to any Bonds which are Tendered Bonds, the Tender Agent shall notify the Remarketing Agent and the Company in writing if requested or by telephone, telegram, telex or other electronic or wire transmission, specifying the principal amount of such Tendered Bonds, the name of the Registered Owner thereof and the Variable Rate Purchase Date specified in such Optional Tender Notice.
Remarketing of Bonds. (a) Upon the receipt by the Remarketing Agent of any notice pursuant to Section 5.01(a), the Remarketing Agent, subject to the terms of the Remarketing Agreement, shall use its best efforts to offer for sale and sell the Bonds in respect of which such notice has been given. Unless otherwise instructed by the Company and with the consent of the Credit Facility Issuer, the Remarketing Agent, subject to the terms of the Remarketing Agreement, shall use its best efforts to offer for sale and sell any Bonds purchased pursuant to Section 5.01(b)(i), (ii) and (iv). Any such Bonds shall be offered: (i) at a price equal to the principal amount thereof, plus interest accrued, if any, to the Purchase Date, and (ii) pursuant to terms calling for payment of the purchase price on such Purchase Date against delivery of such Bonds; provided, however, in no event shall the Remarketing Agent sell any Bond if the amount to be received from the sale of such Bond (including accrued interest, if any) is less than the principal amount thereof, plus accrued interest to the sale date. The Remarketing Agent, the Trustee, the Tender Agent or the Credit Facility Issuer may purchase any Bond offered pursuant to this Section 5.02 for their respective accounts.
