Second Remarketing Date definition
Examples of Second Remarketing Date in a sentence
By 11:00 a.m. (New York City time) on the Business Day immediately preceding the Second Remarketing Date for such Second Remarketing, the Purchase Contract Agent shall notify the Remarketing Agent of the aggregate principal amount of Pledged Senior Notes, and the Custodial Agent shall notify the Remarketing Agent of the aggregate principal amount of Separate Senior Notes (if any) that are to be remarketed pursuant to Section 5.02(a)(ii).
If, in spite of the Remarketing Agent’s reasonable efforts, a Failed Remarketing shall have occurred on the Second Remarketing Date, the Remarketing Agent shall, on the Final Remarketing Date, use reasonable efforts to remarket such Senior Notes and such Separate Senior Notes at the Remarketing Price for settlement on the Purchase Contract Settlement Date.
Unless a Special Event Redemption has occurred prior to the Second Remarketing Date, if a Failed Initial Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Second Remarketing Date, without any instruction from any Holder of Corporate Units, present the related Pledged Notes to the Remarketing Agent for Second Remarketing.
In the case of a Failed Remarketing on the Second Remarketing Date and unless a Special Event Redemption or a Termination Event has occurred prior to such date, on the third Business Day immediately preceding the Purchase Contract Settlement Date (the “Final Remarketing Date”), the Remarketing Agent shall use its reasonable efforts to remarket (the “Final Remarketing”) the Remarketed Senior Notes at the Remarketing Price.
Unless a Special Event Redemption has occurred prior to the Second Remarketing Date, if a Failed Initial Remarketing has occurred, the Collateral Agent shall, by 11:00 a.m., New York City time, on the Business Day immediately preceding the Second Remarketing Date, without any instruction from any Holder of Normal Units, present the related Pledged Senior Notes to the Remarketing Agent for Second Remarketing.