Failures by Purchasers Clause Samples
Failures by Purchasers. The Remarketing Agent shall not be liable to the Issuer, the Company or the Bank on account of the failure of any person to whom the Remarketing Agent has remarketed a Series 2005A Bond to pay for such Series 2005A Bond or deliver any document in respect of such remarketing. If there is such a failure, the Remarketing Agent will use its reasonable best efforts to remarket such Series 2005A Bond to a substitute purchaser on the terms set forth herein and in the Indenture.
Failures by Purchasers. The Remarketing Agent shall not be liable to the Borrower on account of the failure of any person to whom the Remarketing Agent has remarketed a Note to pay for such Note or deliver any document in respect of such placement.
