Common use of Second Remarketing Clause in Contracts

Second Remarketing. Unless a Special Event Redemption has occurred prior to the Second Remarketing Date, if a Failed Initial Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Second Remarketing Date, without any instruction from any Holder of Corporate Units, present the related Pledged Notes to the Remarketing Agent for Second Remarketing. In the event of a Failed Second Remarketing, the Notes presented to the Remarketing Agent pursuant to this Section 7.04 for Remarketing shall be redeposited into the Collateral Account.

Second Remarketing. Unless a Special Event Redemption has occurred prior to the Second Remarketing Date, if a Failed Initial Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Second Remarketing Date, without any instruction from any Holder of Corporate Normal Units, present the related Pledged Senior Notes to the Remarketing Agent for Second Remarketing. In the event of a Failed Second Remarketing, the Senior Notes presented to the Remarketing Agent pursuant to this Section 7.04 for Remarketing shall be redeposited into the Collateral Account.

Second Remarketing. Unless a Special Event Redemption has occurred prior to the Second Remarketing Date, if a Failed Initial Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Second Remarketing Date, without any instruction from any Holder of Corporate Units, present the related Pledged Senior Notes to the Remarketing Agent for Second Remarketing. In the event of a Failed Second Remarketing, the Senior Notes presented to the Remarketing Agent pursuant to this Section 7.04 for Remarketing shall be redeposited into the Collateral Account.