Duties of Remarketing Agent. Except as otherwise described herein, the Remarketing Agent will set the interest rates on the Bonds and perform the other duties provided for in Section 3.02 and will remarket the Bonds as provided in Section 4.11, subject to any provisions of a remarketing agreement between the Company and the Remarketing Agent. The Remarketing Agent may for its own account or as broker or agent for others deal in Bonds and may do anything any other Bondholder may do to the same extent as if the Remarketing Agent were not serving as such.
Duties of Remarketing Agent. The Authority, with the advice of the Borrower, shall appoint the Remarketing Agent for the Bonds, subject to the conditions set forth in Section 8.12 hereof. The Remarketing Agent shall designate to the Trustee in writing its principal office and signify its acceptance of the duties and obligations imposed on it hereunder by a written instrument of acceptance delivered to the Authority and the Trustee under which the Remarketing Agent will agree to perform the obligations of the Remarketing Agent set forth herein and under which the Remarketing Agent will agree 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 Authority, the Trustee, the Bank and the Borrower at all reasonable times. The Remarketing Agent shall set the interest rates on the Bonds and perform the other duties provided for in Section 2.03 and shall remarket Bonds as provided in Section 4.07 hereof. There may be separate Remarketing Agents for these two functions. The Remarketing Agent shall hold all moneys delivered to it in trust in non-commingled funds for the benefit of the Person which shall have so delivered such moneys until such moneys are paid to the Trustee as provided herein. The Remarketing Agent may for its own account or as broker or agent for others deal in Bonds and may do anything any other Holder may do to the same extent as if the Remarketing Agent were not serving as such.
Duties of Remarketing Agent. During the Weekly Mode and the Flexible Mode, the Remarketing Agent will determine the interest rate on the Bonds as provided in this Agreement as the designee of the Issuer and the Remarketing Agent will remarket Bonds as provided in this Agreement as the designee of the Borrower. The Remarketing Agent may, for its own account or as broker or agent for others, deal in Bonds and may do anything any other Bondholder may do to the same extent as if the Remarketing Agent were not serving as such.
Duties of Remarketing Agent. The Remarketing Agent shall do the following in connection with the remarketing of the
(a) Unless otherwise directed in writing by the Authorized Official, not less than ten (10) days before the Mandatory Tender Date, the Remarketing Agent shall offer for sale and use its best efforts to sell Bonds on the Mandatory Tender Date at a price equal to 100 percent of the principal amount of such Bonds plus accrued interest, if any.
(b) Establishment of Interest Rate In Connection With Remarketing of Bonds.
Duties of Remarketing Agent. (a) The Remarketing Agent will, in accordance with the Remarketing Agreement, establish the Interest Periods and corresponding Interest Rates for the Series B Notes and perform the other duties provided for to be done by it in this Agreement and the Remarketing Agreement.
(b) Subject to the consent of the Borrower, the Remarketing Agent may execute and perform any of its duties hereunder through agents, attorneys, employees or co-remarketing agents and shall not be responsible for the misconduct or negligence of any agent, attorney, employee or co-remarketing agent appointed with due care.
Duties of Remarketing Agent. 35 Section 9.15
Duties of Remarketing Agent. The Remarketing Agent hereby agrees to undertake the duties specified as duties of the Remarketing Agent set forth in the Indenture in connection with the determination from time to time of the interest rates payable on the Auction Rate Notes and giving notice and providing information to the Indenture Trustee as specified in the Indenture. In performing such tasks, the Remarketing Agent shall be acting as an independent contractor and not as agent for the Representative or owners of the Auction Rate Notes. The Remarketing Agent may appoint third parties to assist it in performing its functions hereunder.
Duties of Remarketing Agent. The Remarketing Agent shall have no duty to act hereunder to the extent the Remarketing Agent is not required to perform its obligations under the Note Agreement. To the extent permitted under the applicable Note Agreement, or otherwise with the consent of the Borrower, the Remarketing Agent may execute and perform any of its duties hereunder or under the Note Agreement through agents, attorneys, employees or co-remarketing agents and shall not be responsible for the misconduct or negligence of any agent, attorney, employee or co-remarketing agent appointed with due care. Notwithstanding any provision to the contrary herein, the Remarketing Agent hereby expressly assumes the duties and obligations of the Remarketing Agent under the Note Agreement, but only as specifically set forth therein.
Duties of Remarketing Agent. The Remarketing Agent shall set the interest rates on the Series 1997 Bonds and perform the other duties provided for in Section 2.02 and will remarket Series 1997 Bonds as provided in Section 3.08, subject to any provisions of the Remarketing Agreement, which shall control in the case of any conflict with this Indenture. So long as the Series 1997 Bonds are held in the Book-Entry System, the Remarketing Agent must be the sole Participant in such system with respect to the Series 1997 Bonds, except under the circumstances described in Section 3.08(3). The Remarketing Agent may for its own account or as broker or agent for others deal in the Bonds and may do anything any other Bondholder may do to the same extent as if the Remarketing Agent were not serving as such.
Duties of Remarketing Agent. The Remarketing Agent will determine the interest rate on the Bonds as provided in this Indenture as the designee of the Issuer. The Remarketing Agent will remarket Bonds as provided in this Indenture as the designee of the Company. The Remarketing Agent may for its own account or as broker or agent for others deal in Bonds and may do anything any other Bondholder may do to the same extent as if the Remarketing Agent were not serving as such.
