General Provisions Applying to Change to Fixed Rate Mode. The change to the Fixed Rate Mode shall not occur unless the following items shall have been delivered to the Trustee and the Remarketing Agent on the Mode Change Date:
General Provisions Applying to Change to Fixed Rate Mode. The change to the Fixed Rate Mode shall not occur unless the following item shall have been delivered to the Trustee and the Remarketing Agent on the Mode Change Date: if the change is from a Short-Term Mode, a Favorable Opinion of Bond Counsel dated the Mode Change Date and addressed to the Trustee and the Remarketing Agent.
General Provisions Applying to Change to Fixed Rate Mode. If the change is from a Mode during which Bonds may or must be tendered by their Owners for purchase at intervals of one year or less to a Fixed Rate Mode of more than one year in duration, the change to the Fixed Rate Mode shall not occur unless a Favorable Opinion of Bond Counsel dated the Mode Change Date is addressed and delivered to the Authority, the Trustee and the Remarketing Agent on the Mode Change Date.
