Common use of The Paying Agent Clause in Contracts

The Paying Agent. The Board of Directors of the Company has adopted a resolution appointing IBJ Whitehall Bank & Trust Company as transfer agent, registrar, dividend disbursing agent and redemption agent for the Company in connection with any shares of AMPS (in such capacity, the "Paying Agent"). The Paying Agent hereby accepts such appointment and agrees to act in accordance with its standard procedures and the provisions of the Articles Supplementary which are specified herein with respect to the shares of AMPS and as set forth in this Section 3.

Appears in 14 contracts

Samples: Auction Agent Agreement (Muniholdings Insured Fund Iii Inc), Auction Agent Agreement (Muniyield Michigan Insured Fund Inc), Auction Agent Agreement (Muniholdings New York Insured Fund Iii Inc)

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The Paying Agent. The Board of Directors of the Company has adopted a resolution appointing IBJ Whitehall Xxxxxxxx Bank & Trust Company as transfer agent, registrar, dividend disbursing agent and redemption agent for the Company in connection with any shares of AMPS (in such capacity, the "Paying Agent"). The Paying Agent hereby accepts such appointment and agrees to act in accordance with its standard procedures and the provisions of the Articles Supplementary which are specified herein with respect to the shares of AMPS and as set forth in this Section 3.

Appears in 12 contracts

Samples: Auction Agent Agreement (Muniholdings California Insured Fund Ii Inc/), Auction Agent Agreement (Muniholdings California Insured Fund Iv Inc), Auction Agent Agreement (Muniholdings New York Fund Inc/Nj)

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