A Hold Order Sample Clauses
A Hold Order is a contractual provision that instructs one party to temporarily suspend work or delivery of goods or services as directed by the other party. In practice, this clause allows a client or project owner to pause ongoing activities without terminating the contract, often due to unforeseen circumstances or the need for further instructions. The core function of a Hold Order is to provide flexibility and control over project timelines, helping to manage risks and costs associated with changes or delays.
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of shares of MuniPreferred not greater than the number of shares of MuniPreferred currently held by such Existing Holder.
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of shares of MuniPreferred not greater than the number of shares of MuniPreferred currently held by such Existing Holder.
3. Potential Holders may make Bids only, each of which must specify a rate. If more than one Bid is submitted on behalf of any Potential Holder, each Bid submitted shall be a separate Bid with the rate specified.
4. Bids may contain no more than three figures to the right of the decimal point (.001 of 1%). ==================================================================================================================================== (To be used only for transfers made to a Broker-Dealer other than pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ___ TRANSFER FORM We are the Broker-Dealer to whom the Existing Holder or Beneficial Owner named below transferred shares of the above series of MuniPreferred other than pursuant to an Auction. We hereby notify you that such Existing Holder or Beneficial Owner has transferred _______ shares of the above series of MuniPreferred to us. ------------------------------------------------- (Name of Existing Holder or Beneficial Owner) ------------------------------------------------- (Name of Broker-Dealer) By: ---------------------------------------------- Printed Name: Title: 20 EXHIBIT D --------- (To be used only for failures to deliver shares of MuniPreferred sold pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ____ NOTICE OF A FAILURE TO DELIVER Complete either I or II -----------------------
I. We are a Broker-Dealer for ________________ (the "Purchaser"), which purchased _______ shares of the above series of MuniPreferred in the Auction held on _____ from the seller of such shares.
II. We are a Broker-Dealer for ____________ (the "Seller"), which sold ________ shares of the above series of MuniPreferred in the Auction held on ______ to the purchaser of such shares. We hereby notify you that (check one) -- [_] the Seller failed to deliver such shares of MuniPreferred to the Purchaser [_] the Purchaser failed to make payment to the Seller upon delivery of such shares of MuniPreferred Name: -------------------------------------------- (Name of Broker-Dealer) By: ---------------------------------------------- Printed Name: Title: 21 [Form of Broker-Dealer Acceptance Letter] Nuveen Advisory Corp. December ___, ...
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of FundPreferred shares not greater than the number of FundPreferred shares currently held by such Existing Holder.
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of shares of Municipal Preferred not greater than the number of shares of Municipal Preferred currently held by such Existing Holder.
A Hold Order. The Broker-Dealer Agreements will provide that a Broker-Dealer who signs a Master Purchaser's Letter may submit Orders in Auctions for its own account, unless the Fund notifies all Broker-Dealers that they may no longer do so; provided that Broker-Dealers may continue to submit Hold Orders and Sell Orders. If a Broker-Dealer submits an Order for its own account in any Auction, it may have knowledge of Orders placed through it in that Auction and therefore have an advantage over other Bidders. In the Broker-Dealer Agreements, Broker-Dealers shall agree to handle customer orders in accordance with their respective duties under applicable securities laws and rules. DESCRIPTION OF PREFERRED STOCK
A Hold Order. Sell Order or Bid may be placed only by an Existing Holder covering a number of shares of VTP not greater than the number of shares of VTP currently held.
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of shares of TAPS not greater than the number of shares of TAPS currently held by such Existing Holder.
A Hold Order or Sell Order may be placed only by an Existing Holder covering a number of FundNotes not greater than the principal amount of FundNotes currently held by such Existing Holder.