Common use of The Auction Clause in Contracts

The Auction. ... 3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2. Preparation for Each Auction...................................................................... 3 2.3. Auction Schedule: Method of Submission of Orders ................................................. 4 2.4. Notices........................................................................................... 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6. Settlement........................................................................................ 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .... 3 2.2Section 2.02. Preparation for Each Auction...................................................................... ........................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders....................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6. Settlement........................................................................................ 6................................................................................ 5

The Auction. ... 3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 .............. 2.2. Preparation for Each Auction...................................................................... 3 2.3. Auction Schedule: Method of Submission of Orders Orders................................................. 4 2.4. Notices........................................................................................... 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 BD................................................................... 2.6. Settlement........................................................................................ 6........................................................................................

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2.. 2 Section 2.02. Preparation for Each Auction...................................................................... Auction ........................................................ 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. 4 2.4.................................... 3 Section 2.04. Notices........................................................................................... 6 2.5Notices ............................................................................. 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6BD ..................................................... 5 Section 2.06. Settlement........................................................................................ Settlement .......................................................................... 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2...................................................................... 2 Section 2.02. Preparation for Each Auction...................................................................... ............................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders........................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5.................................................................................... 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6BD............................................................ 5 Section 2.06. Settlement........................................................................................ ................................................................................. 6

The Auction. ... ...3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ ...........................................3 2.2. Preparation for Each Auction...................................................................... .......................................3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders...................4 2.4. Notices........................................................................................... 6 ............................................................5 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... .....................5 2.6 Settlement.........................................................6 2.63.1. Settlement........................................................................................ 6Duties and Responsibilities........................................6 3.2. Rights of the Auction Agent........................................7 3.3. The Auction Agent's Disclaimer.....................................7

The Auction. ... 3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ ...................................................................... 3 2.2. Preparation for Each Auction...................................................................... .................................................... 3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders................................ 4 2.4. Notices........................................................................................... ......................................................................... 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... .................................. 6 2.6. Settlement........................................................................................ ...................................................................... 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2................................................ 2 Section 2.02. Preparation for Each Auction...................................................................... ......................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders..................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5.............................................................. 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6BD...................................... 5 Section 2.06. Settlement........................................................................................ ........................................................... 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2.... 2 Section 2.02. Preparation for Each Auction...................................................................... ........................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders....................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5................................................................................ 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6BD........................................................ 5 Section 2.06. Settlement........................................................................................ ............................................................................. 6

The Auction. ... 3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ . .............................. 3 2.2. Preparation for Each Auction...................................................................... . ............................. 3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders. ........ 4 2.4. Notices........................................................................................... . .................................................. 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... Dealer ............ 6 2.62.6 Settlement. Settlement........................................................................................ ............................................... 6

The Auction. ... ...3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .......................................3 2.2. Preparation for Each Auction...................................................................... .......................................3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders...................4 2.4. Notices........................................................................................... 6 ............................................................5 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... .....................6 2.6. Settlement........................................................................................ 6.........................................................6 3.1. Duties and Responsibilities......................................... 3.2.

The Auction. ... ...3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .................................................3 2.2. Preparation for Each Auction...................................................................... ..........................................3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders......................4 2.4. Notices........................................................................................... ...............................................................6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... ........................6 2.6. 2.6 Settlement........................................................................................ ............................................................6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2.... 2 Section 2.02. Preparation for Each Auction...................................................................... ........................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders....................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5................................................................................ 5 Section 2.05. Service Charge to To Be Paid to the Broker-Dealer.................................................... 6 2.6BD........................................................ 5 Section 2.06. Settlement........................................................................................ ............................................................................. 6

The Auction. ... ...3 2.1. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .............................................3 2.2. Preparation for Each Auction...................................................................... ..........................................3 2.3. Auction Schedule: Method of Submission of Orders ................................................. Orders.....................4 2.4. Notices........................................................................................... ...............................................................6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... ........................6 2.6. 2.6 Settlement........................................................................................ ............................................................6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2.............................................. 2 Section 2.02. Preparation for Each Auction...................................................................... ....................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. 4 2.4Orders................... 3 Section 2.04. Notices........................................................................................... 6 2.5............................................................ 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6BD.................................... 5 Section 2.06. Settlement........................................................................................ ......................................................... 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .... 3 2.2Section 2.02. Preparation for Each Auction...................................................................... Auction .......................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. ...................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... 6 2.6. Settlement........................................................................................ 6Notices ............................................................................... 5

The Auction. ... 3 2.12 2.1 Purpose. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ 3 2.2. .......... 2 2.2 Preparation for Each Auction...................................................................... ................................................................. 3 2.3. 2.3 Auction Schedule: Method of Submission of Orders ................................................. 4 Orders............................................. 3 2.4. Notices........................................................................................... 6 ...................................................................................... 5 2.5. Service Charge to Be Paid to the Broker-Dealer.................................................... BD.............................................................. 5 2.6 Settlement................................................................................... 6 2.62.7. Settlement........................................................................................ Duties and Responsibilities of BD............................................................ 6

The Auction. ... 3 2.1Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures........................................................................................ .... 3 2.2Section 2.02. Preparation for Each Auction...................................................................... ........................................................... 3 2.3Section 2.03. Auction Schedule: Method of Submission of Orders ................................................. Orders....................................... 4 2.4Section 2.04. Notices........................................................................................... 6 2.5................................................................................ 5 Section 2.05. Service Charge to Be Paid to the Broker-Dealer.................................................... ......................................... 6 2.6Section 2.06. Settlement........................................................................................ ............................................................................. 6