FAILED SECOND REMARKETING definition
FAILED SECOND REMARKETING has the meaning set forth in Section 5.02(b).
FAILED SECOND REMARKETING has the meaning specified in Section 5.3(b).
FAILED SECOND REMARKETING means a Failed Remarketing on the Second Remarketing Date.
Examples of FAILED SECOND REMARKETING in a sentence
If, in spite of using its reasonable efforts, the Remarketing Agent cannot remarket the Pledged Senior Notes and Separate Senior Notes (if any) in a Second Remarketing (other than to the Company) at a price not less than 100.50% of the sum of the Treasury Portfolio Purchase Price plus the Separate Senior Notes Purchase Price or a condition precedent set forth in the Remarketing Agreement is not fulfilled, the Second Remarketing will be deemed to have failed (a "FAILED SECOND REMARKETING").