Common use of Third Remarketing Clause in Contracts

Third Remarketing. Unless a Special Event Redemption has occurred prior to the Third Remarketing Date, if a Failed Second Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Third Remarketing Date, without any instruction from any Holder of Corporate Units, present the related Pledged Notes to the Remarketing Agent for Third Remarketing. In the event of a Failed Third Remarketing, the Notes presented to the Remarketing Agent pursuant to this Section 7.05 for Remarketing shall be redeposited into the Collateral Account.

Third Remarketing. Unless a Special Event Redemption has occurred prior to the Third Remarketing Date, if a Failed Second Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Third Remarketing Date, without any instruction from any Holder of Corporate Normal Units, present the related Pledged Senior Notes to the Remarketing Agent for Third Remarketing. In the event of a Failed Third Remarketing, the Senior Notes presented to the Remarketing Agent pursuant to this Section 7.05 for Remarketing shall be redeposited into the Collateral Account.

Third Remarketing. Unless a Special Event Redemption has occurred prior to the Third Remarketing Date, if a Failed Second Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Third Remarketing Date, without any instruction from any Holder of Corporate Units, present the related Pledged Senior Notes to the Remarketing Agent for Third Remarketing. In the event of a Failed Third Remarketing, the Senior Notes presented to the Remarketing Agent pursuant to this Section 7.05 for Remarketing shall be redeposited into the Collateral Account.