Common use of CHANGES IN THE AUCTION DATE Clause in Contracts

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of a Responsible Officer of the Representative, and the written consent of the Certificate Insurer, may specify an earlier or later Auction Date (but in no event more than five Business Days earlier or later) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Article I of these Auction Procedures with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Class Remittance Rate borne on a Class of Auction Rate Certificates. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Representative and the Certificate Insurer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Representative, the Rating Agencies, the Certificate Insurer and the Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in, Annex C to these Auction Procedures. In connection with any change described in this Section 2.1.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agent Agreement.

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of a Responsible an Authorized Officer of the Representative, and the written consent of the Certificate InsurerAdministrator, may specify an earlier or later Auction Date (but in no event more than five Business Days earlier or later) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Article I Section 1.1 of these Auction Procedures this First Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Class Remittance Interest Rate borne on a Class of Auction Rate CertificatesSeries 1997-1 Notes. The Market Agent shall deliver a written request for consent to such change in the length of the Auction Date to the Representative and the Certificate Insurer Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. Notwithstanding any adjustments to Auction Periods that have been initiated or effected pursuant to Section 2.5.7 hereof, the Market Agent shall specify Auction Periods such that a Note Distribution Date for each Class of Series 1997-1 Notes shall occur in the months of January, April, July and October, commencing July 1997. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Indenture Trustee, the Auction Agent, the RepresentativeIssuer, the Rating Agencies, the Certificate Insurer Agencies and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in, Annex C Exhibit F to these Auction Proceduresthis First Terms Supplement. In connection with any change described in this Section 2.1.72.5.8, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agent Agreement.

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of a Responsible an Authorized Officer of the Representative, and the written consent of the Certificate InsurerAdministrator, may specify an earlier or later Auction Date (but in no event more than five Business Days earlier or later) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Article I Section 1.1 of these Auction Procedures this _____ Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Class Remittance Interest Rate borne on a Class of Auction Rate CertificatesNotes. The Market Agent shall deliver a written request for consent to such change in the length of the Auction Date to the Representative and the Certificate Insurer Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. Notwithstanding any adjustments to Auction Periods that have been initiated or effected pursuant to Section 2.5.7 hereof, the Market Agent shall specify Auction Periods such that a Note Distribution Date for each Class of Auction Rate Notes shall occur in the months of January, April, July and October, commencing January 1996. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Indenture Trustee, the Auction Agent, the RepresentativeIssuer, the Rating Agencies, the Certificate Insurer Agencies and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in, Annex C Exhibit F to these Auction Proceduresthis _____ Terms Supplement. In connection with any change described in this Section 2.1.72.5.8, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agent Agreement.

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of a Responsible Officer of the Representative, and the written consent of the Certificate Insureran Authorized Officer, may specify an earlier or later Auction Date (but in no event more than five Business Days earlier or laterearlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Article I Section 1.1 of these Auction Procedures this Appendix I, or any applicable Trust Supplement, with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Class Remittance Certificate Rate borne on a Class of the Auction Rate CertificatesCertificates of the applicable Class. The Market Agent shall deliver a written request for consent to such change in the length of the Auction Date to the Representative and the Certificate Insurer Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Eligible Lender Trustee, the Auction Agent, the Representative, the Rating Agencies, the Certificate Insurer Issuer and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in, Annex Exhibit C to these Auction Proceduresthis Trust Agreement. In connection with any change described in this Section 2.1.72.2.2, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 2.2 of the Auction Agent Agreement.

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of a Responsible Officer of the Representative, and the written consent of the Certificate Insurer, may specify an earlier or later Auction Date (but in no event more than five Business Days earlier or later) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Article I of these Auction Procedures with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Class Remittance Rate borne on a Class of Auction Rate Certificates. The Market Agent shall deliver a written request for consent to such change in the length of the Auction Date to the Representative and the Certificate Insurer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Representative, the Rating Agencies, the Certificate Insurer and the Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in, Annex C to these Auction Procedures. In connection with any change described in this Section 2.1.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agent Agreement.