Common use of Remarketing of Bonds Clause in Contracts

Remarketing of Bonds. The Remarketing Agent for the Bonds of a subseries shall use its best efforts to offer for sale: (1) all Bonds of such subseries or portions thereof as to which notice of tender has been given pursuant to Section 4.06; (2) all Bonds of such subseries required to be purchased pursuant to Sections 4.07, 4.08, 4.09 and 4.10; and (3) all Liquidity Facility Bonds of such subseries. Notwithstanding the foregoing, in no event may the Remarketing Agent remarket Bonds or any subseries thereof to any Excluded Purchaser while a Credit Facility for such Bond is in effect hereunder.