Remarketing Proceeds Account means the account so designated in the Purchase and Remarketing Fund which may consist of one or more accounts established for the deposit of remarketing proceeds from the remarketing of one or more subseries of the City’s bonds into which such remarketing proceeds may be deposited prior to the withdrawal of such proceeds to pay the purchase price of tendered bonds of that subseries.

Remarketing Proceeds Account means the Remarketing Proceeds Account of the Bond Fund created in Section 4.01 hereof.

Remarketing Proceeds Account means the Remarketing Proceeds Account of the Bond Fund created in the Indenture.

Examples of Remarketing Proceeds Account in a sentence

Amounts held in the Standby Purchase Account and the Remarketing Proceeds Account by the Paying Agent shall be held uninvested and separate and apart from all other funds and accounts.
The proceeds from the remarketing of the Bonds shall be deposited in the Remarketing Proceeds Account, segregated from any funds of the Borrower and the Issuer and shall in no case be considered to be or be assets of the Borrower or the Issuer.
Following the Trustee’s notice, the Outstanding Bonds shall be sold to the purchasers identified by the Remarketing Agent for delivery and settlement on the Mandatory Tender Date, and the Trustee shall apply (i) the funds in the Remarketing Proceeds Account of the Bond Fund on the Remarketing Date to payment of the purchase price of the Outstanding Bonds and (ii) the funds in the Expense Fund to payment of the Remarketing Expenses.
Money in the Remarketing Proceeds Account shall be held exclusively for the payment of the Purchase Price of the Unredeemed Bonds.
The Trustee shall deposit in the Remarketing Proceeds Account of the Bond Fund any amounts received from the remarketing of the Unredeemed Bonds.

More Definitions of Remarketing Proceeds Account

Remarketing Proceeds Account means the account created pursuant to Section 4.11(a).

Remarketing Proceeds Account means the account by that name created in Section 7.11 hereof.

Remarketing Proceeds Account means the account of that name in the Bond Fund established pursuant to the Indenture.

Remarketing Proceeds Account means the account of that name established in the Purchase Fund pursuant to Section 5.03.

Remarketing Proceeds Account means the account so named in the Bond Purchase Fund.

Remarketing Proceeds Account. ’ means the account so designated in the Purchase and Remarketing Fund.

Remarketing Proceeds Account means the Remarketing Proceeds Account created under Section 405 of the Indenture.