Common use of CHANGES IN THE AUCTION DATE Clause in Contracts

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 1999-I Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in Exhibit F to this Third Terms Supplement. In connection with any change described in this Section 2.5.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agreement.

Appears in 1 contract

Samples: Trust Agreement (Emt Corp)

AutoNDA by SimpleDocs

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third Fourth Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 1999-I 2000 Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in in, Exhibit F to this Third Fourth Terms Supplement. In connection with any change described in this Section 2.5.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agreement.

Appears in 1 contract

Samples: Fourth Terms Supplement (Emt Corp)

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third First Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 1999-I 1998 Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information information' contained in Exhibit F to this Third First Terms Supplement. In connection with any change described in this Section 2.5.7, 2.5.7 the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agent Agreement.

Appears in 1 contract

Samples: Trust Agreement (Emt Corp)

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third Fifth Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 19992000-I Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. factors The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in in, Exhibit F to this Third Fifth Terms Supplement. In connection with any change described in this Section 2.5.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agreement.

Appears in 1 contract

Samples: Trust Agreement (Emt Corp)

CHANGES IN THE AUCTION DATE. The applicable Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 1 of this Third Terms Supplement Second Supplemental Indenture with respect to one or more specified Auction Periods for one or more series of Series 2002 Notes in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Applicable Interest Rate borne on by the 1999-I NotesSeries 2002 Notes of such series. The applicable Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 twenty days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factorschange. The applicable Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 three days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in in, Exhibit F G to this Third Terms SupplementSecond Supplemental Indenture. In connection with any change described in this Section 2.5.711, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 2.06(b) of the Auction Agency Agent Agreement.

Appears in 1 contract

Samples: Collegiate Funding Services Inc

AutoNDA by SimpleDocs

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third Sixth Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 1999-I Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an and the Securities Depository. Such notice shall be substantially in the form of, or contain substantially the information contained in Exhibit F to this Third Sixth Terms Supplement. In connection with any change described in this Section 2.5.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agreement.

Appears in 1 contract

Samples: Trust Agreement (Emt Corp)

CHANGES IN THE AUCTION DATE. The Market Agent, with the written consent of an Authorized Officer of the Issuer, may specify an earlier Auction Date (but in no event more than five Business Days earlier) than the Auction Date that would otherwise be determined in accordance with the definition of "Auction Date" in Section 1.1 of this Third Second Terms Supplement with respect to one or more specified Auction Periods in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the day of the week constituting an Auction Date and the Series Interest Rate borne on the 1999-I 1999 Notes. The Market Agent shall deliver a written request for consent to such change in the Auction Date to the Issuer not less than three days nor more than 20 days prior to the effective date of such change together with a certificate demonstrating the need for change in reliance on such factors. The Market Agent shall provide notice of its determination to specify an earlier Auction Date for one or more Auction Periods by means of a written notice delivered at least 10 days prior to the proposed changed Auction Date to the Trustee, the Auction Agent, the Issuer an the Securities Depository. Such notice shall be substantially in the form ofform, of or contain substantially the information information' contained in Exhibit F to this Third Second Terms Supplement. In connection with any change described in this Section 2.5.7, the Auction Agent shall provide such further notice to such parties as is specified in Section 2.5 of the Auction Agency Agreement.

Appears in 1 contract

Samples: Trust Agreement (Emt Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.