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or from the date of notice of mandatory purchase of such Bond <br />• pursuant to Section 502, 503, 504 or 505 hereof through the date <br />for such mandatory purchase shall not be remarketed except to a <br />buyer who has been notified at the time of such purchase of the <br />requirement to deliver such Bond for redemption or purchase to the <br />Trustee on the redemption or purchase date. <br />(b) No Rate Period shall be established during an <br />Adjustable Long Mode and no Weekly Mode shall be established which <br />would cause the Interest Coverage Period of the Credit Facility to <br />be less than. the requirements of Section 406(h) hereof. No <br />interest rate on a Bond shall be established during a Weekly Mode <br />or an Adjustable Long Mode which exceeds the Interest Coverage Rate <br />for such .Mode. No Rate Period shall be established during an <br />Adjustable Long Mode extending beyond the Renewal Date unless the <br />Credit Facility, includes an amount sufficient to pay the applicable <br />premium on the Renewal Date. <br />ARTICLE VI <br />MODE CONVERSION <br />Section 601. Authority for and Conditions to Conversion <br />to an Adjustable Long Mode or Weekly Mode. (a) It is not necessary <br />.that all of the Bonds operate in the same Mode at the same time. <br />• The Remarketing Agent may designate a subsequent Mode with respect <br />to a Bond during an Adjustable Long Mode on any Rate Change Date <br />and during a Weekly Mode on any Business Day, subject to the <br />limitations set forth in this Section 601. The Remarketing Agent <br />may select such subsequent Adjustment Periods and, within an <br />Adjustable Long Mode, Rate Periods as will, in the judgment of the <br />Remarketing Agent, result in the lowest aggregate cost payable by <br />the Authority with respect to the Bonds, taking into account <br />interest and any other determinable fees and expenses. The <br />Remarketing Agent may establish different Adjustment Periods and, <br />within an Adjustable Long Mode, different Rate Periods for Bonds <br />on the same Adjustment Date in order to achieve an average duration <br />of Adjustment Periods and/or Rate Periods that, in the judgment of <br />the Remarketing Agent, is most likely to achieve the lowest total <br />aggregate cost payable by the Authority with respect to the Bonds, <br />taking into account interest and any other determinable fees and <br />expenses. The Remarketing Agent's determination shall be based <br />upon the market for and the relative yields of the Bonds and other <br />securities that bear interest at a variable rate or at fixed rates <br />that, in the judgment of the Remarketing Agent, are otherwise <br />comparable to the Bonds, or any fact or circumstance relating to <br />the Bonds or affecting the market for the Bonds or affecting such <br />other comparable securities in a manner that, in the judgment of <br />the Remarketing Agent, will affect the market for the Bonds. The <br />Remarketing Agent, in its discretion, may consider such information <br />and resources as it deems appropriate in making the determinations <br />• <br />55 <br />