Common use of Acceptance of AAU Clause in Contracts

Acceptance of AAU. You shall have accepted an AAU for an Offering if we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, facsimile or electronic data transmission or other written communication (any such manner of communication being deemed "IN WRITING") (or orally, if promptly confirmed In Writing) in the manner specified in the Invitation Wire, of our invitation to participate in the Offering. If we receive your timely acceptance of the invitation to participate, such AAU shall constitute a valid and binding contract between us. Your acceptance of the Invitation Wire shall also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you shall be deemed to have elected not to participate in the Offering.

Appears in 31 contracts

Samples: Master Agreement (Lazard Global Total Return & Income Fund Inc), Master Agreement (Nuveen Municipal High Income Opportunity Fund), Master Agreement (Franklin Templeton Limited Duration Income Trust)

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Acceptance of AAU. You shall have accepted an AAU for an Offering if we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, facsimile or electronic data transmission or other written communication (any such manner of communication being deemed "IN WRITING"“In Writing”) (or orally, if promptly confirmed In Writing) in the manner specified in the Invitation Wire, of our invitation to participate in the Offering. If we receive your timely acceptance of the invitation to participate, such AAU shall constitute a valid and binding contract between us. Your acceptance of the Invitation Wire shall also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you shall be deemed to have elected not to participate in the Offering.

Appears in 17 contracts

Samples: Master Agreement (Western Asset Municipal Defined Opportunity Trust Inc.), Master Agreement (Western Asset Global Corporate Defined Opportunity Fund Inc.), Master Agreement (Seligman LaSalle International Real Estate Fund, Inc.)

Acceptance of AAU. You shall have accepted an AAU for an Offering if we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, facsimile or electronic data transmission or other written communication (any such manner of communication being deemed "IN WRITINGIn Writing") (or orally, if promptly confirmed In Writing) in the manner specified in the Invitation Wire, of our invitation to participate in the Offering. If we receive your timely acceptance of the invitation to participate, such AAU shall constitute a valid and binding contract between us. Your acceptance of the Invitation Wire shall also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you shall be deemed to have elected not to participate in the Offering.

Appears in 17 contracts

Samples: Master Agreement (Prospect Street High Income Portfolio Inc), Master Agreement (Alliance National Municipal Income Fund), Master Agreement (Nuveen Equity Premium Advantage Fund)

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Acceptance of AAU. You shall have accepted an AAU for an Offering if we We receive your acceptance, prior acceptance of our invitation to participate in the time Offering before the deadline specified in the Invitation Wire for such the Offering, by wire, telex, facsimile or electronic data transmission or other written communication (any such manner of communication being deemed "IN WRITING") In Writing" (or orally, if promptly confirmed In Writing)) in the manner specified in the Invitation Wire, of our invitation to participate in the Offering. If we receive your timely acceptance of acceptance, the invitation to participate, such AAU shall constitute a valid and binding contract between us. Your acceptance of the Invitation Wire shall also constitute acceptance by you of the terms of any subsequent Wires Wire to you relating to the Offering unless we We receive In Writing, within the time and in the manner specified in such the subsequent Wire, a notice from you to the effect that you do not accept the terms of such the subsequent Wire, in which case case, you shall be deemed to have elected not to participate in the Offering.

Appears in 5 contracts

Samples: Dividend Capital Realty Income Allocation Fund, Master Agreement (RMK Advantage Income Fund, Inc.), Master Agreement (RMK Multi-Sector High Income Fund Inc)

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