Appointment of Remarketing Agent Sample Clauses

Appointment of Remarketing Agent. The Remarketing Agent is hereby appointed to remarket Bonds pursuant to this Agreement, and to keep such books and records as shall be consistent with prudent industry practice and to make such books and records available for inspection by the Notice Parties at all reasonable times. The Remarketing Agent shall act as such under the Remarketing Agreement. (a) The Remarketing Agent may at any time resign and be discharged of the duties and obligations created by this Agreement by giving at least ten (10) days' notice to the Notice Parties. The Remarketing Agent may suspend its remarketing efforts as set forth in the Remarketing Agreement. The Remarketing Agent may be removed at any time, at the direction of the Company, by an instrument filed with the Remarketing Agent, the Trustee and the Paying Agent and upon at least ten (10) days' notice to the Remarketing Agent. Any successor Remarketing Agent shall be selected by the Company, and shall be a member of the National Association of Securities Dealers, Inc., shall have a capitalization of at least fifteen million dollars ($15,000,000), shall be authorized by law to perform all the duties set forth in this Agreement and shall be reasonably acceptable to the Credit Provider and Liquidity Provider. The Company's delivery to the Trustee of a certificate setting forth the effective date of the appointment of a successor Remarketing Agent and the name of such successor shall be conclusive evidence that (i) if applicable, the predecessor Remarketing Agent has been removed in accordance with the provisions of this Agreement and (ii) such successor has been appointed and is qualified to act as Remarketing Agent under the terms of this Agreement. (b) If the Remarketing Agent consolidates with, merges or converts into, or transfers all or substantially all of its assets (or, in the case of a bank, national banking association or trust company, its corporate assets) to, another Company, the resulting, surviving or transferee Company without any further act shall be the successor Remarketing Agent.
AutoNDA by SimpleDocs
Appointment of Remarketing Agent. In connection with the conversion by the Company of any Note as set forth in Section 207 hereof, the Company shall enter into a remarketing agreement with a Remarketing Agent on or prior to the remarketing of such Notes, which Remarketing Agent shall be responsible for the remarketing of such Notes. When any Note is tendered under Section 208 hereof to the Remarketing Agent for remarketing, the Remarketing Agent will use its reasonable efforts to remarket such Note on behalf of the Beneficial Owner thereof at a price equal to 100% of the principal amount thereof. The Remarketing Agent may purchase tendered Notes for its own account in a remarketing, but will not be obligated to do so. The Company may offer to purchase Notes in a remarketing, provided that the interest rate established with respect to Notes in such remarketing is not different from the interest rate that would have been established if the Company had not purchased such Notes. Any Notes for which the Company shall have given a notice of redemption to the Trustee and the Remarketing Agent will not be considered in a remarketing.
Appointment of Remarketing Agent. With respect to the issuance of each Bond L/C, evidence that the remarketing agent for the applicable Bonds relating to such Bond L/C has acknowledged and accepted in writing its appointment as remarketing agent with respect to such Bonds; and
Appointment of Remarketing Agent. Pursuant to the Remarketing Agreement, the Company has appointed the Remarketing Agent to remarket the Bonds in accordance with the Indenture and the Remarketing Agreement.
Appointment of Remarketing Agent. The Company agrees to appoint a Remarketing Agent when and as necessary, pursuant to the provisions of Section 8.10 of the Indenture.
Appointment of Remarketing Agent. XI-7 SECTION 11.15. Appointment of Registrar and Paying Agent................XI-8 SECTION 11.16. General Provisions Regarding Registrar and Paying Agent..XI-8
Appointment of Remarketing Agent. Pursuant to the Indenture and this Remarketing Agreement, Banc of America Securities LLC is hereby appointed as the Remarketing Agent with respect to the Series 2005A Bonds, and Banc of America Securities LLC hereby accepts such appointment, with such duties as described herein and in the Indenture. Unless this Remarketing Agreement has been previously terminated pursuant to the terms hereof and subject to Section 6(b) below, Banc of America Securities LLC shall act as exclusive Remarketing Agent with respect to the offer and sale of the Series 2005A Bonds in the secondary market on the terms and conditions herein and in the Indenture contained at all times.
AutoNDA by SimpleDocs
Appointment of Remarketing Agent. 2 Section 5. General Obligations of Remarketing Agent ........
Appointment of Remarketing Agent. (a) Pursuant to the Indenture and this Agreement, Wheat is appointed, and subject to the terms and conditions contained in the Indenture and this Agreement, Wheat hereby accepts such appointment, as exclusive Remarketing Agent in connection with offering and selling the Bonds from time to time in the secondary market subsequent to their initial offering, issuance and sale on the Date of Issuance. (b) The Company and the Issuer agree that, unless this Agreement has been previously terminated pursuant to the terms hereof and subject to Section 27(b) below, the Remarketing Agent shall act as the exclusive Remarketing Agent for the Company and the Issuer with respect to the offer and sale of the Bonds in the secondary market on the terms and conditions contained in this Agreement and in the Indenture at all times.
Appointment of Remarketing Agent. In reliance upon the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation hereby appoints the Remarketing Agent, and the Remarketing Agent hereby agrees to act, as exclusive remarketing agent in connection with any subsequent offerings and sales of Beneficial Interests in the Bonds described in Section 3.02(a) of this Agreement. In reliance upon the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Corporation hereby appoints the Remarketing Agent, and the Remarketing Agent hereby agrees to act, as exclusive remarketing agent in connection with all rate determinations with respect to the Bonds described in Section 3.02(b) of this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!