Auction Agency Agreement definition

Auction Agency Agreement means the agreement between the Fund and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for shares of a series of MuniPreferred so long as the Applicable Rate for shares of such series is to be based on the results of an Auction.

Auction Agency Agreement with respect to any Fund, shall mean the Auction Agency Agreement between such Fund and the Auction Agent relating to one or more series of MuniPreferred of such Fund.

Auction Agency Agreement means the Auction Agent Agreement between a Fund and the Auction Agent relating to one or more series of FundPreferred shares of such Fund.

Examples of Auction Agency Agreement in a sentence

• The parties agree that all actions and proceedings arising out of this Auction Agency Agreement or any of the transactions contemplated hereby shall be brought in the County of New York, and, in connection with any such action or proceeding, submit to the jurisdiction of, and venue in, such County.

• Each Agreement shall automatically terminate with respect to any series of MuniPreferred with respect to which the relevant Auction Agency Agreement has terminated.

• If any Fund delivers to its Auction Agent a notice in the form of Exhibit I to the Auction Agency Agreement designating all or a portion of any dividend on shares of any series of MuniPreferred of such Fund to consist of net capital gains or other income taxable for Federal income tax purposes, and BD is a Broker-Dealer for such series, such Auction Agent shall deliver such notice to BD on the Business Day following its receipt of such notice from such Fund.

• This Agreement shall automatically terminate upon the redemption of all outstanding AMPS or upon termination of the Auction Agency Agreement.

• Capitalized terms not defined herein shall have the respective meanings specified in or pursuant to the Indenture and the Auction Agency Agreement.

More Definitions of Auction Agency Agreement

Auction Agency Agreement means the Auction Agency Agreement to be entered into between the Company and the Auction Agent with respect to the Auction Rate Bonds, as from time to time amended and supplemented.

Auction Agency Agreement means the Auction Agency Agreement dated as of September 1, 2001, among NELNET-2, the Trustee and the Auction Agent relating to the Auction Rate Notes.

Auction Agency Agreement means the Auction Agency Agreement dated as of February 18, 2003 between the Auction Agent and the Trust.

Auction Agency Agreement means the Auction Agency Agreement dated as of April 1, 2000 between the Trustee and the Auction Agent relating to the ARN.

Auction Agency Agreement means the initial Auction Agency Agreement unless and until a substitute Auction Agency Agreement is entered into, after which "Auction Agency Agreement' shall mean such substitute Auction Agency Agreement.

Auction Agency Agreement means such substitute Auction Agency Agreement.

Auction Agency Agreement means the Auction Agency Agreement dated as of December 15, 1998, among Nelnet, the Trustee and the Auction Agent relating to the ARS.