Authority of Tender Agent. The Borrower hereby appoints the Tender Agent its agent with full authority, on behalf and in the stead of the Borrower, to pay the Purchase Price of Eligible Bonds or portions thereof to be purchased by the Borrower pursuant to this Section and delivered to the Tender Agent and to dispose of (and, to the extent required, endorse for transfer) such Bonds as provided in Sections 4.06 through 4.12 of the Bond Indenture and consents to acceptance and exercise by the Tender Agent of the other agencies therein provided.
