Common use of Delivery of Remarketing Proceeds Clause in Contracts

Delivery of Remarketing Proceeds. The proceeds, if any, as a result of the sale by the Remarketing Agent of any tendered 2020D-2 Bonds shall be delivered (versus delivery to the Remarketing Agent of tendered 2020D-2 Bonds that have been remarketed) to the Paying Agent for deposit into the Remarketing Proceeds Account of the Purchase Fund not later than 10:00 a.m., New York City time (11:30 a.m., New York City with respect to 2020D-2 Bonds in the Daily Mode), on such Purchase Date or Mandatory Purchase Date.

Delivery of Remarketing Proceeds. The proceeds, if any, as a result of the sale by the Remarketing Agent of any tendered 2020D-2 2019C Bonds shall be delivered (versus delivery to the Remarketing Agent of tendered 2020D-2 2019C Bonds that have been remarketed) to the Paying Agent for deposit into the Remarketing Proceeds Account of the Purchase Fund not later than 10:00 a.m., New York City time (11:30 a.m., New York City with respect to 2020D-2 2019C Bonds in the Daily Mode), on such Purchase Date or Mandatory Purchase Date.

Delivery of Remarketing Proceeds. The proceeds, if any, as a result of the sale by the Remarketing Agent of any tendered 2020D-2 2018A-2 Bonds shall be delivered (versus delivery to the Remarketing Agent of tendered 2020D-2 2018A-2 Bonds that have been remarketed) to the Paying Agent for deposit into the Remarketing Proceeds Account of the Purchase Fund not later than 10:00 a.m., New York City time (11:30 a.m., New York City with respect to 2020D-2 2018A-2 Bonds in the Daily Mode), on such Purchase Date or Mandatory Purchase Date.

Delivery of Remarketing Proceeds. The proceeds, if any, as a result of the sale by the Remarketing Agent of any tendered 2020D-2 2020A-1 Bonds shall be delivered (versus delivery to the Remarketing Agent of tendered 2020D-2 2020A-1 Bonds that have been remarketed) to the Paying Agent for deposit into the Remarketing Proceeds Account of the Purchase Fund not later than 10:00 a.m., New York City time (11:30 a.m., New York City with respect to 2020D-2 2020A-1 Bonds in the Daily Mode), on such Purchase Date or Mandatory Purchase Date.