Common use of Notice by Paying Agent of Bonds Not Remarketed Clause in Contracts

Notice by Paying Agent of Bonds Not Remarketed. Not later than 5:00 p.m. on the date of receipt of any notice pursuant to Section 2B.2(d)(1) informing the Paying Agent that Bonds have not been remarketed, the Paying Agent shall give notice by telephone, telegram, telecopy or other similar communication to the Company and the Bank, specifying the principal amount of Bonds as to which the Remarketing Agent has not found a purchaser at that time.

Appears in 1 contract

Samples: Trust Indenture (York Water Co)

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Notice by Paying Agent of Bonds Not Remarketed. Not later than 5:00 p.m. on the date of receipt of any notice pursuant to Section 2B.2(d)(12B.3(e)(1) informing the Paying Agent that Bonds have not been remarketed, the Paying Agent shall give notice by telephone, telegram, telecopy or other similar communication to the Company and the Bank, specifying the principal amount of Bonds as to which the Remarketing Agent has not found a purchaser at that time.

Appears in 1 contract

Samples: Trust Indenture (York Water Co)

Notice by Paying Agent of Bonds Not Remarketed. Not later than 5:00 p.m. p.m., or, in the case of Bonds bearing interest at the Daily Rate, by 11:15 a.m., on the date of receipt of any notice pursuant to Section 2B.2(d)(12B.1(e)(1) informing the Paying Agent that tendered Bonds have not been remarketed, the Paying Agent shall give notice by telephone, telegram, telecopy or other similar communication to the Company and (if a Liquidity Facility is in effect) the Bank, Bank specifying the principal amount of tendered Bonds as to which the Remarketing Agent has not found a purchaser at that time.

Appears in 1 contract

Samples: Trust Indenture (York Water Co)

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Notice by Paying Agent of Bonds Not Remarketed. Not later than 5:00 p.m. on the date of receipt of any notice pursuant to Section 2B.2(d)(12B.4(d) informing the Paying Agent that Bonds have not been remarketed, the Paying Agent shall give notice by telephone, telegram, telecopy or other similar communication to the Company and the Bank, specifying the principal amount of Bonds as to which the Remarketing Agent has not found a purchaser at that time.

Appears in 1 contract

Samples: Trust Indenture (York Water Co)

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