Remarketing Agent(s) definition
Examples of Remarketing Agent(s) in a sentence
The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price.
There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing.
Except as provided in the previous sentence, the Remarketing Agents shall not be obligated to purchase any shares of RP that would otherwise remain unsold in a Remarketing.
In order to prevent the declaration of a Failed Remarketing, the Remarketing Agents will have the option, but not the obligation, to purchase any Reset Rate Notes tendered that they are not otherwise able to remarket or with respect to which a committed purchaser defaults on their purchase obligations.
Pursuant to the Remarketing Agreement, upon receipt of such notices from the Purchase Contract Agent and the Custodial Agent, the Remarketing Agent(s) will use its commercially reasonable efforts to remarket such Notes at the applicable Remarketing Price.