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• Not later than the tenth day next preceding the <br />Adjustment Date for any Bond bearing interest at a Weekly Rate, the <br />Trustee shall give notice by first class mail to the owner of such <br />Bond stating (i) the last day of the Adjustment Period then ending <br />and (ii) that such Bond is required to be purchased on the <br />Adjustment Date. The foregoing notwithstanding, the failure of the <br />Trustee to give such notice or cause such notice to be given will <br />not relieve such owners of the requirement to tender their Bonds <br />for purchase. If sufficient moneys are on deposit with the Trustee <br />on the applicable Adjustment Date to purchase such Bonds at the <br />repurchase price therefor, such Bonds shall not, after the <br />applicable Rate Change Date, bear interest, be protected by the <br />Indenture or be deemed to be outstanding. <br />Section 506. Purchase of Tendered Bonds Delivered to the <br />Tender Agent; Notices. (a) Tendered Bonds shall be purchased from <br />the owners thereof at a purchase price equal to 100% of the <br />principal amount thereof (plus accrued interest thereon and <br />premium, if any) but solely from the following sources in order of <br />priority indicated, neither the Authority, the Trustee, the <br />Remarketing Agent nor the Tender Agent having an obligation to use <br />funds from any other source: <br />(i) Proceeds of the sale of such Tendered Bonds; <br />(ii) Moneys furnished to the Trustee or the Tender Agent <br />• representing moneys drawn under the Credit Facility for the <br />purchase of Tendered Bonds; <br />(iii) Moneys which are I'aad~shAcjeh~Z fhe ~uthha~tyofoTthde~'edsBeade~ the <br />(iv) Upon the occurrencen~ndtk~entiumna~y~efu~n~hd~dr~t trb~ie imltit~eteuhtier, <br />Trustee or the Tender Agent for the purchase of Tendered Bonds. <br />(b) On written request of the Authority, the Trustee, <br />the Remarketing Agent or the Credit Facility Issuer, the Tender <br />Agent shall give to the party requesting the same written summaries <br />of the actions involving Tendered Bonds. <br />(c) The Tender Agent shall pay the purchase price <br />specified above from the sources specified above of each Tendered <br />Bond to the registered owner thereof by 3:00 p.m., New York City <br />time, on the purchase date, provided that the Trustee shall have <br />confirmed that such registered owner has delivered such Tendered <br />Bond (with any necessary endorsements) to the Principal Office of <br />the Tender Agent by 10:00 a.m., New York City time, on such date. <br />Section 507. Remarketina of Tendered Bonds by <br />Remarketing Agent. Upon the delivery or deemed delivery of <br />Tendered Bonds by any owners thereof in accordance with the <br />provisions hereof, the Remarketing Agent shall offer for sale and <br />use its best efforts to remarket such Tendered Bonds, any-such <br />• <br />45 <br />