Laserfiche WebLink
it hereunder by a written instrument of acceptance delivered to the <br />• Authority, the Trustee and the Tender Agent under which the <br />Remarketing Agent will agree, particularly: <br />(a) to hold all moneys delivered to it for the purchase <br />of Bonds for the account of and for the benefit of the person or <br />entity which shall have so delivered such moneys until the Bonds <br />purchased with such moneys shall have been delivered to or for the <br />account of such person or entity; and <br />(b) to keep such books and records as shall be <br />consistent with prudent industry practice and to make such books <br />and records available for inspection by the Authority, the Trustee, <br />the Tender Agent and the Credit Facility Issuer at all reasonable <br />times. <br />The Authority shall cooperate with the Trustee, the <br />Tender Agent and the Credit Facility Issuer to cause the necessary <br />arrangements to be made and to be thereafter continued whereby <br />funds from the sources specified herein will be made available for <br />the purchase of Bonds presented at the Principal Office of the <br />Tender Agent and whereby Bonds, executed by the Authority and <br />authenticated by the Trustee or the Tender Agent, shall be made <br />available to the Remarketing Agent to the extent necessary for <br />delivery pursuant to Section 509 hereof. <br />• The Remarketing Agent may at any time resign and be <br />discharged of the duties and obligations created by this Indenture <br />by giving at least 30 days' notice to the Authority, the Credit <br />Facility Issuer the Trustee and the Tender Agent. The Remarketing <br />Agent may be removed at any time upon 30 days' notice, at the <br />direction of the Authority with the written consent of the Credit <br />Facility Issuer by an instrument, signed by the Authority, filed <br />with the Remarketing Agent, the Credit Facility Issuer, the Trustee <br />and the Tender Agent. <br />In the event of the resignation or removal of the <br />Remarketing Agent, the Remarketing Agent shall pay over, assign and <br />deliver any moneys and Bonds held by it in such capacity to its <br />successor or, i.f there be no successor, to the Trustee.' <br />In the event that the Authority shall fail to appoint a <br />Remarketing Agent hereunder, or in the event that the Remarketing <br />Agent shall resign, be removed or be dissolved, or if the property <br />or affairs of the Remarketing Agent shall be taken under the <br />control of any state or federal court or administrative body <br />because of bankruptcy or insolvency, or for any other reason, and <br />the Authority shall not have appointed its successor as Remarketing <br />Agent, the Trustee, notwithstanding the provisions of the first <br />paragraph of this Section 1019, shall ipso facto be deemed to be <br />the Remarketing Agent for all purposes of this Indenture until the <br />appointment by the Authority of the Remarketing Agent or successor <br />• 97 <br />