Common use of Remarketing Agents Clause in Contracts

Remarketing Agents. The Corporation may, in a Supplemental Indenture, appoint a Remarketing Agent with respect to one or more series of Notes. The Remarketing Agent shall designate its Principal Office and signify its acceptance of the duties and obligations imposed upon it hereunder by entering into a Remarketing Agreement under which the Remarketing Agent will agree, particularly: (a) to determine any variable interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (b) to determine any fixed interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (c) to hold all Notes delivered to it hereunder in trust for the benefit of the respective Noteholders which shall have so delivered such Notes until moneys representing the purchase price of such Notes shall have been delivered to or for the account of or to the order of such Noteholders; (d) to hold all moneys delivered to it hereunder for the purchase of Notes in trust for the benefit of the person or entity which shall have so delivered such moneys until the Notes purchased with such moneys shall have been delivered to or for the account of such person or entity; and (e) 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 Corporation and the Trustee at all reasonable times.

Remarketing Agents. The Corporation Issuer may, in a Supplemental Indenture, appoint a Remarketing Agent with respect to one or more series of Notes. The Remarketing Agent shall designate its Principal Office and signify its acceptance of the duties and obligations imposed upon it hereunder by entering into a Remarketing Agreement under which the Remarketing Agent will agree, particularly: (a) to determine any variable interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (b) to determine any fixed interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (c) to hold all Notes delivered to it hereunder in trust for the benefit of the respective Noteholders which shall have so delivered such Notes until moneys representing the purchase price of such Notes shall have been delivered to or for the account of or to the order of such Noteholders; (d) to hold all moneys delivered to it hereunder for the purchase of Notes in trust for the benefit of the person or entity which shall have so delivered such moneys until the Notes purchased with such moneys shall have been delivered to or for the account of such person or entity; and (e) 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 Corporation Issuer and the Trustee at all reasonable times.

Remarketing Agents. The Corporation may, in a ------------------ Supplemental Indenture, appoint a Remarketing Agent with respect to one or more series of Notes. The Remarketing Agent shall designate its Principal Office and signify its acceptance of the duties and obligations imposed upon it hereunder by entering into a Remarketing Agreement under which the Remarketing Agent will agree, particularly: (a) to determine any variable interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (b) to determine any fixed interest rate in accordance with the applicable provisions of the related Supplemental Indenture; (c) to hold all Notes delivered to it hereunder in trust for the benefit of the respective Noteholders which shall have so delivered such Notes until moneys representing the purchase price of such Notes shall have been delivered to or for the account of or to the order of such Noteholders; (d) to hold all moneys delivered to it hereunder for the purchase of Notes in trust for the benefit of the person or entity which shall have so delivered such moneys until the Notes purchased with such moneys shall have been delivered to or for the account of such person or entity; and (e) 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 Corporation and the Trustee at all reasonable times.