Tender Agent. (a) At the written request of the Trustee, the Users shall appoint an agent to act on behalf of the Trustee in the acceptance of delivery of Bonds tendered for purchase pursuant to the Optional Tender or Mandatory Tender provisions of this Indenture and in the authentication and delivery of Bonds pursuant to the transfer and exchange provisions of this Indenture. The Trustee shall initially be the Tender Agent. For all purpose of this Indenture, (i) Bonds to be purchased pursuant to the Optional Tender or Mandatory Tender provisions of this Indenture may be delivered to the Tender Agent, as well as the Trustee, and (ii) the authentication and delivery of Bonds by a duly authorized officer of the Tender Agent pursuant to the transfer and exchange provisions of this Indenture shall be deemed to be the authentication and delivery of Bonds "by the Trustee".
(b) Any Tender Agent appointed hereunder shall signify its acceptance of such appointment by execution and delivery of an agreement satisfactory to the Trustee.
(c) Any such Tender Agent shall at all times be a bank or trust company having its principal office in New York, New York and shall at all times be a corporation organized and doing business under the laws of the United States or of any state with a combined capital and surplus of at least $5,000,000 and authorized under such laws to exercise corporate trust powers and subject to supervision and examination by federal or state authority and shall be acceptable to any Rating Agency which shall then maintain a rating with respect to the Bonds. If such corporation publishes reports of condition at least annually pursuant to law or the requirements of such authority, then for the purposes of this Section, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published.
(d) Any corporation or association into which any Tender Agent may be merged or converted or with which it may be consolidated, or any corporation or association resulting from any merger, consolidation or conversion to which any Tender Agent shall be a party, or any corporation or association succeeding to the corporate trust business of any Tender Agent, shall be the successor of the Tender Agent hereunder, if such successor corporation or association is otherwise eligible under this Section, without the execution or filing of any further act on the part of the parties hereto or ...
Tender Agent the Tender Agent shall be sufficient for every purpose hereunder if in writing and mailed, first-class postage prepaid, to the Tender Agent addressed to it at the address and to the attention specified in Clause A of this Section or at any other address previously furnished in writing to the Trustee by the Tender Agent, or
Tender Agent. 101 ------------
Tender Agent. The Authority shall, with the approval of the Company and the Bank, appoint the Tender Agent for the Bonds, subject to the conditions set forth in Section 15.
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Tender Agent. The term ―Tender Agent‖ shall mean each Person qualified under Section 2.22(b) hereof to act as Tender Agent with respect to the Bonds and so appointed by the City and so acting from time to time, and its successors. The initial Tender Agent shall be Xxxxx Fargo Bank National Association. While the Credit Facility is in effect, the Tender Agent shall at all times be the Trustee. Trustee. The term ―Trustee‖ means Xxxxx Fargo Bank National Association, a national banking association having a principal corporate trust office in San Francisco, California, or such other office designated by the Trustee from time to time.
Tender Agent. Each Tender Agent appointed by the Authority shall designate to the City, the Trustee, the Liquidity Provider and the Remarketing Agent, its principal office for delivery of notices and delivery of Bonds and signify its acceptance of the duties and obligations imposed upon it hereunder by a written instrument of acceptance delivered to the Authority, the Trustee, the Credit Facility Provider and the Remarketing Agent. By acceptance of its appointment hereunder, the Tender Agent agrees:
(i) to hold all Bonds delivered to it pursuant to Section 2.25 hereof as agent and bailee of, and in escrow for the benefit of, the respective Owners which have delivered such Bonds until money representing the Purchase Price of such Bonds shall have been delivered to or for the account of or to the order of such Owners;
(ii) to hold all Bonds registered in the name of the new Owners thereof which have been delivered to it by the Trustee for delivery to the Remarketing Agent;
(iii) to hold Bonds for the account of the Credit Facility Provider as stated in Section 2.25(b) hereof; and
(iv) 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 Trustee, the City, the Credit Facility Provider and the Remarketing Agent at all reasonable times.
Tender Agent. Each Tender Agent shall be a commercial bank with trust powers or a trust company duly organized under the laws of the United States of America or any state or territory thereof having (or, if such bank or trust company is a member of a bank holding company system, its bank holding company has) a combined capital stock, surplus and undivided profits of at least $100,000,000 and authorized by law to perform all the duties imposed upon it hereunder. A Tender Agent may at any time resign and be discharged of the duties and obligations created by the Indenture by giving at least sixty (60) days’ notice to the City, the Trustee, the Credit Facility Provider and the Remarketing Agent. A Tender Agent may be removed at any time by an instrument signed by the City and filed with the Trustee. However, such resignation or removal shall not take effect prior to the date that a successor Xxxxxx Agent has been appointed by the City and has accepted such appointment, such appointment has been approved by the Credit Facility Provider, and the Credit Facility, if any, has been transferred, in accordance with its terms, to that successor. Upon the effective date of resignation or removal of a Tender Agent, such Tender Agent shall deliver any Bonds and money held by it in such capacity to its successor.
Tender Agent. The Trustee shall be the Tender Agent with respect to the Series 2014A Certificates. The Trustee hereby agrees to carry out its responsibilities as Tender Agent set forth in this Series 2014A Supplemental Trust Agreement. The Tender Agent agrees:
Tender Agent. The Tender Agent shall be deemed an Agent for purposes of Section 10.05 of the Loan Agreement and shall be entitled to the benefits thereof.
