Remarketing Account definition

Remarketing Account means the account of that name established in the Bond Purchase Fund pursuant to Section 302 hereof.

Remarketing Account means the account of that name established in the Bond Purchase Fund pursuant to Section 3.2 hereof.

Remarketing Account means the account of that name established in the Purchase Fund pursuant to Section 8.10 hereof.

Examples of Remarketing Account in a sentence

• Moneys received from the Remarketing Agent shall be deposited in the Remarketing Account and shall be held separate and apart from moneys derived from any other source.

• The Paying Agent shall deposit or cause to be deposited into the Remarketing Account, when and as received, all moneys delivered to the Paying Agent as and for the Purchase Price of remarketed Bonds by or on behalf of the Remarketing Agent.

• The Paying Agent shall disburse moneys from the Remarketing Account to pay the Purchase Price of Bonds properly tendered for purchase upon surrender of such Bonds pursuant to Section 4.3(b)(vi).

• Moneys held in the Remarketing Account or the Corporation Purchase Account of the Bond Purchase Fund for the benefit of Owners of untendered Bonds shall be held in trust and shall be invested at the direction of the Corporation in overnight obligations of the type described in clause (a) of the definition of “Permitted Investments” in Section 101 hereof, maturing not later than the earlier of (i) 30 days from the date of purchase, or (ii) the date when such funds are needed.

• If the Remarketing Agent remarkets any Liquidity Provider Bond, the Remarketing Agent shall direct the purchaser of such Liquidity Provider Bond to transfer, by 10:30 a.m., New York City time, on the Purchase Date, the Purchase Price of such remarketed Liquidity Provider Bond to the Bond Trustee for deposit into a separate subaccount of the Remarketing Account of the Bond Purchase Fund, to be disbursed from such subaccount solely for the purposes described in this paragraph.

More Definitions of Remarketing Account

Remarketing Account means the account by that name in the Purchase Fund established pursuant to Section 3.09.

Remarketing Account means each account with that name established within the Bond Purchase Fund pursuant to Section 505(a).

Remarketing Account means the special account of that name within the Bond Purchase Fund.

Remarketing Account means the special account of that name within the Bond Purchase Fund established pursuant to Section 4.4 hereof.

Remarketing Account means the account of that name established in the Bond Purchase Fund pursuant to SECTION 302 hereof.

Remarketing Account means the account bearing such name which is created pursuant to the Tender Agreement.

Remarketing Account means each account with that name established within the Note Purchase Fund pursuant to Section 12 of this Exhibit B and in the Remarketing Agreement.