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Section 3.15. Delivery of Bonds. <br /> (a) Upon application of the moneys described in Section 3.09(d)(1) to the purchase of <br /> Bonds on a Purchase Date pursuant to Section 3.09(d)(1) (and/or to the transfer thereof to the <br /> Undelivered Bond Payment Account of the Purchase Fund on a Purchase Date pursuant to <br /> Section 3.09(e)), the Tender Agent shall cause the Bond Registrar to register the transfer of <br /> Bonds purchased therewith in the names of the purchasers thereof in accordance with <br /> information provided by the Remarketing Agent for such purpose and to have such transferred <br /> Bonds available for delivery against payment therefor. <br /> (b) Upon application of the moneys described in Section 3.09(d)(2) to the purchase of <br /> Bonds on a Purchase Date pursuant to Section 3.09(d)(2) (and/or to the transfer thereof to the <br /> Undelivered Bond Payment Account of the Purchase Fund on a Purchase Date pursuant to <br /> Section 3.09(e)), (1) the Bonds purchased (or, in the case of such transfer, provided to be <br /> purchased) with such moneys shall constitute Bank Bonds (unless and until such Bonds cease to <br /> be Bank Bonds as described in Section 2.06), and (2) if the Bonds are held in book-entry only <br /> form, the ownership interest in such Bank Bonds shall be transferred on the books of DTC to or <br /> for the account of the Tender Agent or a participant acting on behalf of the Tender Agent and the <br /> Tender Agent shall, and shall cause such participant to, mark its own books and records to reflect <br /> the beneficial ownership of such Bank Bonds by the Liquidity Facility Provider, and (3) if the <br /> Bonds are no longer held in book-entry only form, such Bonds shall be delivered by the Tender <br /> Agent to the Bond Registrar for registration of transfer and shall be registered by the Bond <br /> Registrar in the name of the Liquidity Facility Provider, or any nominee of the Liquidity Facility <br /> Provider, and delivered by the Bond Registrar to the Tender Agent and held by the Tender Agent <br /> as bailee and custodian of the Liquidity Facility Provider. The Tender Agent shall release and <br /> -79-9- P 0287 CMW120287 AMT 10/14/14 <br />