Common use of The Remarketing Agent Clause in Contracts

The Remarketing Agent. (a) The Remarketing Agent shall not, in fulfilling its obligations hereunder, be required to act as an underwriter for the Bonds and is in no way obligated, directly or indirectly, to advance its own funds to purchase Bonds tendered or deemed tendered for purchase in accordance with the Trust Agreement. The Remarketing Agent shall be acting as the Remarketing Agent pursuant to the Trust Agreement in the resale of the Bonds, and the Remarketing Agent’s responsibility is limited to the use of its best efforts to solicit offers to purchase the Bonds.

Appears in 2 contracts

Samples: Remarketing Agreement, Remarketing Agreement

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The Remarketing Agent. (a) The Remarketing Agent shall not, in fulfilling its obligations hereunder, be required to act as an underwriter for the Bonds and is in no way obligated, directly or indirectly, to advance its own funds to purchase Bonds tendered or deemed tendered for purchase in accordance with the Trust AgreementIndenture. The Remarketing Agent shall be acting as the Remarketing Agent pursuant to the Trust Agreement Indenture in the resale of the Bonds, and the Remarketing Agent’s responsibility is limited to the use of its best efforts to solicit offers to purchase the Bonds.

Appears in 2 contracts

Samples: Remarketing Agreement, Remarketing Agreement

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The Remarketing Agent. (a) The Remarketing Agent shall not, in fulfilling its obligations hereunder, be required to act as an underwriter for the Bonds and is in no way obligated, directly or indirectly, to advance its own funds to purchase Bonds tendered or deemed tendered for purchase in accordance with the Trust AgreementIndenture. The Remarketing Agent shall will be acting as the Remarketing Agent remarketing agent pursuant to the Trust Agreement Indenture in the resale re-sale of the Bonds, and the Remarketing Agent’s 's responsibility is limited to the use of its best efforts to solicit offers to purchase the Bonds.

Appears in 1 contract

Samples: Remarketing Agreement

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