Remarketing of the Bonds Sample Clauses

Remarketing of the Bonds. (i) The Remarketing Agent shall notify the Tender Agent by Electronic Means not later than 11:45 a.m. (12:15 p.m. in the case of Bonds of a subseries in the Daily Rate Mode), New York City time, of the registration instructions as may be necessary to re-register the Bonds. (ii) Unless otherwise permitted by the Securities Depository and the book- entry-only system applicable to a Series of Bonds, the Tender Agent shall authenticate and have available for delivery to the Remarketing Agent prior to 12:30 p.m., New York City time, on the Purchase Date or Mandatory Tender Date new Bonds of the Series for the respective purchasers thereof. (iii) The Remarketing Agent shall at or before 12:00 noon (12:20 p.m. in the case of Bonds of a subseries in the Daily Rate Mode), New York City time, on the Purchase Date or Mandatory Purchase Date, as the case may be, confirm to the City, the Paying Agent/Registrar and the Tender Agent the transfer of the Purchase Price of remarketed Bonds of the subseries to the Tender Agent in immediately available funds at or before 11:45 a.m. (12:15 p.m. in the case of Bonds of a subseries in the Daily Rate Mode), New York City time, such confirmation to include the pertinent identifying information with respect to such transfer. (iv) To the extent a Liquidity Facility is in effect for a subseries of Bonds, the Tender Agent shall draw on the related Liquidity Facility, in accordance with the terms thereof, by 12:25 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date, as the case may be, in an amount equal to the Purchase Price of all Bonds of the subseries tendered or deemed tendered less the aggregate amount of remarketing proceeds confirmed to the City, the Paying Agent/Registrar and the Tender Agent by the Remarketing Agent pursuant to clause (1) of Section A-407(c) of the Ordinance and shall cause the proceeds of such draw to be transferred to the Tender Agent by no later than 2:30 p.m., New York City time. Notwithstanding the foregoing, the Tender Agent shall draw on the related Liquidity Facility in an amount equal to the Purchase Price of all Bonds of the subseries tendered or deemed tendered for purchase on each Purchase Date or Mandatory Purchase Date, as the case may be, if it does not receive a confirmation from the Remarketing Agent pursuant to clause (1) of Section A-407(c) of the Ordinance. (v) To the extent a Liquidity Facility is in effect for a subseries of Bonds, the Tender Agent shall confirm to ...

Remarketing of the Bonds. Upon the delivery of a Bondowner Tender Notice by any Owner in accordance with Sections 3.06 or 3.07 hereof, or upon any mandatory tender pursuant to Sections 3.02 or 3.03 hereof, the Remarketing Agent shall, in accordance with and subject to the Remarketing Agreement, offer for sale and use its best efforts to sell such Bonds in accordance with such Remarketing Agreement, any such sale to be consummated on the Purchase Date at the Purchase Price; provided, however, that Bonds shall not be remarketed to the Issuer or any Affiliate thereof, any “insider” thereof within the meaning of the United States Bankruptcy Code or to any party (other than the Credit Facility Provider or the Liquidity Facility Provider) that is providing a guarantee of payments on the Bonds.

Remarketing of the Bonds. (a) With respect to optional tenders of Bonds pursuant to the Order, promptly, but in no event later than the close of business on the Business Day on which it receives an irrevocable notice of tender ("Notice of Tender") from an Owner of Bonds of its election to have the Tender Agent purchase such Bonds pursuant to Section 4.01 of the Order, the Tender Agent shall give notice to the Remarketing Agent specifying the principal amount of Bonds for which it has received a Notice of Tender, the names and addresses of the Owners thereof, and the date on which such Bonds are to be purchased (the "Optional Purchase Date") in accordance with Section 4.01 of the Order. (b) Each mandatory tender date specified in Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07 and 4.08 of the Order shall be referred to collectively herein as a "Mandatory Purchase Date." (Mandatory Purchase Dates and Optional Purchase Dates shall be referred to herein collectively as "Purchase Dates.") (c) No later than 10:00 a.m., New York City time, on the Business Day next preceding each Purchase Date, the Tender Agent shall give notice by telephone, promptly confirmed in writing, to the Remarketing Agent, the District and the Bank as to (A) the aggregate Purchase Price required to be deposited by the Remarketing Agent into the Payment Fund pursuant to Section 7(a) hereof to purchase all of the Bonds to be tendered on such Purchase Date without requiring funds from the Bank, and (B) the amount of such aggregate Purchase Price representing principal and the amount of such Purchase Price representing accrued interest. (d) At or prior to 3:00 p.m., New York City time, on the Business Day next preceding any Purchase Date, the Remarketing Agent shall give notice to the Tender Agent, by telephone, promptly confirmed in writing, specifying the names, addresses and taxpayer identification numbers of the purchasers of, and the principal amount and denomination of, Bonds to be sold pursuant to Article IV of the Order, the Purchase Price at which the Bonds are to be sold and their date of sale and specifying the principal amount of Bonds to be tendered on the next Business Day for which it does not have commitments for purchase. Upon receipt of the notice set forth in the immediately preceding sentence, the Tender Agent shall, not later than 4:00 p.m., New York City time, on the date of receipt of such notice the Tender Agent shall give notice by telephone, telegram, telecopy, facsimile transmission, or other si...

Remarketing of the Bonds. (i) On each Purchase Date on which the Remarketing Agent is to remarket Bonds, the Remarketing Agent shall notify by Electronic Means the City and the Tender Agent by 9:30 a.m., New York City time, if it has remarketed all the tendered Bonds or if it has been unable to remarket any tendered Bonds, and shall include in such notice the principal amount of Bonds it has been unable to remarket. (ii) The Remarketing Agent shall notify the Tender Agent by Electronic Means not later than 12:45 p.m., New York City time, of the names of the purchasers of the remarketed Bonds and such information as may be necessary to register the Bonds and the registration instructions (i.e., the names, addresses and taxpayer identification numbers of the purchasers and the desired Authorized Denominations) with respect thereto. (iii) The Remarketing Agent shall, at or prior to 9:45 a.m., New York City time, cause the aggregate Purchase Price of tendered Bonds that have been successfully remarketed to be paid to the Tender Agent in immediately available funds for deposit to the Remarketing Proceeds Account of the Purchase Fund. (iv) On each Purchase Date, if the Remarketing Agent shall have given notice to the Tender Agent described above that it has been unable to remarket any of the Bonds, the Tender Agent shall direct the Paying Agent/Registrar to draw on the Liquidity Facility, or make demand for the purchase of tendered Bonds thereunder, by 10:30 a.m., New York City time, in an amount equal to the Purchase Price of all such Bonds which have not been successfully remarketed.

Remarketing of the Bonds. The Borrower agrees to perform all obligations and duties required of it by the Indenture and the Remarketing Agreement with respect to any remarketing of the Bonds.