Common use of Registration and Delivery of Tendered or Purchased Bonds Clause in Contracts

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the purchase of Bonds pursuant to this Section, the Paying Agent shall register and make available all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility for which the Bank has not been reimbursed shall be Bank Bonds and shall be registered in the name of the Bank pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank; and (3) Bonds purchased with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody by the Paying Agent on behalf of the Company and shall not be released from such custody unless the Paying Agent shall have received written instructions to such effect from the Company; provided that so long as a Liquidity Facility is in effect, Bonds shall not be remarketed or delivered to the Company unless such Liquidity Facility supports the payment of such Bonds in accordance with the terms of this Indenture and such Liquidity Facility.

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the purchase of tendered Bonds pursuant to this Section, the Paying Agent shall register and make available (or hold) all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser purchasers thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility for which the Bank has not been reimbursed securing such Bonds shall be Bank Bonds and shall be registered in the name of the Bank as Bank Bonds pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank; and (3) Bonds purchased with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody by the Paying Agent on behalf of the Company and shall not be released from such custody unless the Paying Agent shall have received written instructions to such effect from the Company; provided that so long as a Liquidity Facility is in effect, such Bonds shall not be remarketed or delivered to the Company unless such the Liquidity Facility supports the payment of such Bonds in accordance with the terms of this Indenture and such the Liquidity Facility.

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the date of purchase of Bonds pursuant to this Sectiontendered Bonds, the Paying Tender Agent shall register and make available deliver (or hold) all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser purchasers thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility Letter of Credit for which the Bank has not been reimbursed shall be Bank held by the Tender Agent as Custody Bonds and shall be registered in the name of the Bank pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank4.04; and (3) Bonds purchased with proceeds of a drawing on the Letter of Credit for which the Bank has been reimbursed with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody trust by the Paying Tender Agent on behalf of the Company and shall not be released from such custody trust unless the Paying Tender Agent shall have received written instructions to such effect from the Company; provided that so long as if a Liquidity Facility Fixed Rate Letter of Credit is in effect, effect such Bonds shall not be remarketed or delivered to the Company unless such Liquidity Facility Fixed Rate Letter of Credit supports the payment of such Bonds in accordance with the terms of this Indenture and such Liquidity FacilityFixed Rate Letter of Credit.

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the date of purchase of Bonds pursuant to this Sectiontendered Bonds, the Paying Tender Agent shall register and make available deliver (or hold) all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser purchasers thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility for which the Bank has not been reimbursed Letter of Credit shall be Bank held by the Tender Agent as Custody Bonds and shall be registered in the name of the Bank pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank4.04; and (3) Bonds purchased with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody trust by the Paying Tender Agent on behalf of the Company and shall not be released from such custody trust unless the Paying Tender Agent shall have received written instructions to such effect from the Company; provided that so long as a Liquidity Facility Letter of Credit is in effect, epffect such Bonds shall not be remarketed or delivered to the Company unless such Liquidity Facility the Letter of Credit supports the payment of such Bonds in accordance with the terms of this Indenture and such Liquidity Facilitythe Letter of Credit.

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the purchase of tendered Bonds pursuant to this Section, the Paying Agent shall register and make available deliver (or hold) all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser purchasers thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility for which the Bank has not been reimbursed shall be Bank Bonds and shall be registered in the name of the Bank pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank; and (3) Bonds purchased with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody by the Paying Agent on behalf of the Company and shall not be released from such custody unless the Paying Agent shall have received written instructions to such effect from the Company; provided that so long as a Liquidity Facility is in effect, Bonds shall not be remarketed or delivered to the Company unless such Liquidity Facility supports the payment of such Bonds in accordance with the terms of this Indenture and such Liquidity Facility.

Registration and Delivery of Tendered or Purchased Bonds. On the Purchase Date for the purchase of Bonds pursuant to this Section, the Paying Agent shall register and make available all Bonds purchased on such date as follows: (1) Bonds remarketed by the Remarketing Agent shall be registered and made available to the Remarketing Agent or the purchaser thereof (by overnight mail or similar service) in accordance with the written instructions of the Remarketing Agent; (2) Bonds purchased with proceeds of a drawing on the Liquidity Facility for which the Bank has not been reimbursed shall be Bank Bonds and shall be registered in the name of the Bank pursuant to Section 2B.5 and made available to the Bank in accordance with the instructions of the Bank; and (3) Bonds purchased with amounts provided by the Company shall be registered in the name of the Company and shall be held in custody by the Paying Agent on behalf of the Company and shall not be released from such custody unless the Paying Agent shall have received written instructions to such effect from the Company; provided that so long as a Liquidity Facility is in effect, effect Bonds shall not be remarketed or delivered to the Company unless such Liquidity Facility supports the payment of such Bonds in accordance with the terms of this Indenture and such Liquidity Facility.