Common use of Existing Holder Clause in Contracts

Existing Holder. If BD believes it is the Existing Holder of fewer shares of such series than specified by the Auction Agent in response to BD's inquiry, BD may so inform the Auction Agent of that belief. BD shall not, in its capacity as Existing Holder of shares of such series, submit Orders in such Auction in respect of shares of such series covering in the aggregate more than the number of shares of such series specified by the Auction Agent in response to BD's inquiry.

Appears in 21 contracts

Samples: Nuveen Broker Dealer Agreement (Nuveen New York Investment Quality Municipal Fund Inc), Nuveen Broker Dealer Agreement (Nuveen Florida Quality Income Municipal Fund Inc), Nuveen Broker Dealer Agreement (Nuveen Premium Income Municipal Fund 2 Inc)

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