Common use of Qualifications of Remarketing Agents Clause in Contracts

Qualifications of Remarketing Agents. The Remarketing ------------------------------------ Agent shall be a member of the National Association of Securities Dealers, Inc., have a capitalization of at least $50,000,000 and be authorized by law to perform all the duties imposed upon it by this Indenture and the Remarketing Agreement. The Remarketing Agent may at any time resign and be discharged of the duties and obligations created by this Indenture and the Remarketing Agreement (i) by giving at least sixty (60) days' notice to the Corporation, the Trustee, the Depositary and any related Credit Facility Provider, provided that such resignation shall not be effective until a successor Remarketing Agent has been appointed by the Corporation and any related Credit Facility Provider has consented in writing thereto, which consent shall not be unreasonably withheld, or (ii) by giving notice to the Corporation, the

Qualifications of Remarketing Agents. The Remarketing ------------------------------------ Agent shall be a member of the National Association of Securities Dealers, Inc., have a capitalization of at least $50,000,000 and be authorized by law to perform all the duties imposed upon it by this Indenture and the Remarketing Agreement. The Remarketing Agent may at any time resign and be discharged of the duties and obligations created by this Indenture and the Remarketing Agreement (i) by giving at least sixty (60) days' notice to the Corporation, the Trustee, the Depositary and any related Credit Facility Provider, provided that such resignation shall not be effective until a successor Remarketing Agent has been appointed by the Corporation and any related Credit Facility Provider has consented in writing thereto, which consent shall not be unreasonably withheld, or (ii) by giving notice to the Corporation, thethe Trustee and the Depositary under the circumstances set forth in the Remarketing Agreement. The Remarketing Agent may