Common use of Rights of the Auction Agents Clause in Contracts

Rights of the Auction Agents. (a) Each Auction Agent may rely and shall be protected in acting or refraining from acting upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document believed in good faith by it to be genuine. Each Auction Agent shall not be liable for acting upon any telephone communication authorized by the Agreements to which it is a party that such Auction Agent believes in good faith to have been given by the appropriate Fund, by the Adviser or by a Broker-Dealer. Each Auction Agent may record telephone communications with the Broker-Dealers.

Appears in 25 contracts

Samples: Nuveen Broker Dealer Agreement (Nuveen New York Quality Income Municipal Fund Inc), Nuveen Broker Dealer Agreement (Nuveen Premier Insured Municipal Income Fund Inc), Broker Dealer Agreement (Nuveen Premium Income Municipal Fund Inc)

AutoNDA by SimpleDocs

Rights of the Auction Agents. (a) Each Auction Agent may rely and shall be protected in acting or refraining from acting upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document believed in good faith by it to be genuine. Each Auction Agent shall not be liable for acting upon any telephone communication authorized by the Agreements to which it is a party that such Auction Agent believes in good faith to have been given by the appropriate FundTrust, by the Adviser or by a Broker-Dealer. Each Auction Agent may record telephone communications with the Broker-Dealers.

Appears in 6 contracts

Samples: Colonial New York Insured Municipal Fund, Colonial High Income Municipal Trust, Blackrock Pennsylvania Strategic Municipal Trust

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