Common use of Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures Clause in Contracts

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Whitehall Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary Amended By-laws provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Trust advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Trust has adopted a resolution appointing IBJ Xxxxxxxx Bank & Bankers Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a1) The Articles Supplementary Amended By-laws provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Trust advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Trust has adopted a resolution appointing IBJ Xxxxxxxx Deutsche Bank & Trust Company Americas as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Certificate of Designation provides that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Fund advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Fund has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, Series D AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx The Bank & Trust Company of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, Series C AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx The Bank & Trust Company of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Whitehall Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a1) The Articles Supplementary Amended By-laws provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Trust advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Trust has adopted a resolution appointing IBJ Xxxxxxxx Deutsche Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Statement provides that the Applicable Rate on shares of each series of AMPS, as the case may be, AMPS for each Dividend Period therefor therefore after the Initial initial Dividend Period shall generally be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Trust advises results from the implementation of the Auction Procedures. The Board of Directors Trustees of the Company has Trust have adopted a resolution appointing IBJ Xxxxxxxx Deutsche Bank & Trust Company Americas as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period thereforPeriod. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Fund advises results from implementation of the Auction Procedures. The Board of Directors of the Company Fund has adopted a resolution appointing IBJ Xxxxxxxx Deutsche Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, Series F AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx The Bank & Trust Company of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, for Preferred Shares for each subsequent Dividend Period therefor after the Initial Dividend Period shall thereof shall, except under certain conditions, be the rate per annum that a commercial bank, bank or trust company or other financial institution appointed by the Company advises results from implementation of the Auction ProceduresProcedures for Preferred Shares. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Bankers Trust Company as Auction Agent for purposes of the Auction ProceduresProcedures for Preferred Shares. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall to follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for Preferred Shares for each Subsequent Rate Period thereof for which the AMPS for the next Dividend Period thereforApplicable Rate is to be determined by an Auction. Each periodic operation implementation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Certificate of Designation provides that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Fund advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Fund has adopted a resolution appointing IBJ Xxxxxxxx Whitehall Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Paragraph 3 of Article Sixth of the Charter provides that the Applicable Rate on shares of each series of the Series H AMPS or Series I AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Auction Agent advises results from implementation of the Auction Procedures. The Pursuant to a resolution adopted by the Board of Directors of the Company, the Company has adopted a resolution appointing IBJ Xxxxxxxx appointed Deutsche Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the Series H AMPS or Series I AMPS, as the case may be, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Paragraph 3 of Article Sixth of the Charter provides that the Applicable Rate on shares of each series of the Series E AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Auction Agent advises results from implementation of the Auction Procedures. The Pursuant to a resolution adopted by the Board of Directors of the Company, the Company has adopted a resolution appointing IBJ Xxxxxxxx appointed Deutsche Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the Series E AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Statement provides that the Applicable Rate on shares of each series of AMPS, as the case may be, AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Fund advises results from the implementation of the Auction Procedures. The Board of Directors Trustees of the Company Fund has adopted a resolution appointing IBJ Xxxxxxxx The Bank & Trust Company of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period thereforPeriod. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of Series M7 AMPS and Series T7 AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx The Bank & Trust Company of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of Series A AMPS and Series B AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Fund advises results from implementation of the Auction Procedures. The Board of Directors of the Company Fund has adopted a resolution appointing IBJ Xxxxxxxx Bank & Bankers Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of Series A AMPS or Series B AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS AMPS, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide Certificate of Designation provides that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Company Trust advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Trust has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Whitehall Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a1) The Articles Supplementary Amended By-laws provide that the Applicable Rate on shares of each series of AMPSAPS, as the case may be, for each Dividend Period therefor therefore after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Company Trust advises results from implementation of the Auction Procedures. The Board of Directors Trustees of the Company Trust has adopted a resolution appointing IBJ Xxxxxxxx Bank & Bankers Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS APS for the next Dividend Period therefortherefore. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary provide that the Applicable Rate on shares of each series of AMPS, as the case may be, AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Company advises results from implementation of the Auction Procedures. The Board of Directors of the Company has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the AMPS AMPS, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Articles Supplementary Statement for each series of Preferred Shares will provide that the Applicable Rate on shares of each for such series of AMPS, as the case may be, for each Dividend Subsequent Rate Period therefor after the Initial Dividend Period shall thereof shall, except under certain conditions, be the rate per annum that a commercial bank, bank or trust company or other financial institution appointed by the Company Trust advises results from implementation of the Auction ProceduresProcedures for such series. The Board of Directors Trustees of the Company Trust or a committee thereof has adopted a resolution appointing IBJ Xxxxxxxx Bank & Trust Company as the Auction Agent as auction agent for purposes of the Auction ProceduresProcedures for each series of Preferred Shares. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall to follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for each series of Preferred Shares for each Subsequent Rate Period thereof for which the AMPS for the next Dividend Period thereforApplicable Rate is to be determined by an Auction. Each periodic operation implementation of such procedures is hereinafter referred to as an "Auction."