Auction Date definition

Auction Date means the first Business Day preceding the first day of a Dividend Period.
Auction Date. As defined in Section 9.01.
Auction Date has the meaning set forth in Section 11.10(a)(ii) of these Bylaws.

Examples of Auction Date in a sentence

  • Such notice shall be received prior to the first Auction Date on which any such change shall be effective.

  • On the Business Day next succeeding such Auction Date, the Auction Agent shall notify BD in writing of the disposition of all Orders submitted by BD in the Auction held on such Auction Date.

  • For evaluation of offers in foreign currency, the exchange rate (TT selling rate of SBI) shall be taken as under: Single part bids: Date of tender opening Two/three part bids: Date of Part-I bid opening Reverse Auction: Date of Part-I bid opening In case of Performance Bank Guarantee (PBG) also, exchange rate will be considered as mentioned above for converting foreign currency to Indian currency and vice versa.

  • Any Order submitted by a Beneficial Owner or a Potential Beneficial Owner to its Broker-Dealer, or by a Broker-Dealer to the Auction Agent, prior to the Submission Deadline on any Auction Date, shall be irrevocable.

  • Any Order submitted by a Beneficial Owner as a Potential Beneficial Owner to its Broker-Dealer, or by a Broker-Dealer to the Auction Agent, prior to the Submission Deadline on any Auction Date shall be irrevocable.


More Definitions of Auction Date

Auction Date. The date on which the Auction occurs.
Auction Date means the first Business Day next preceding the first day of a Dividend Period for each Series.
Auction Date with respect to any Rate Period, shall mean the Business Day next preceding the first day of such Rate Period.
Auction Date means the date and time on which the first Bid Window will start;
Auction Date means, in respect of an Auction Portfolio, the business day on which such Auction Portfolio is sold.
Auction Date means the last day of the initial Dividend Period and each seventh day after the immediately preceding Auction Date; provided, however, that if any such seventh day is not a Business Day, such Auction Date shall be the first preceding day that is a Business Day and the next Auction Date, if for a Standard Dividend Period, shall (subject to the same advancement procedure) be the seventh day after the date that the preceding Auction Date would have been if not for the advancement procedure; provided further, however, that the Auction Date for the Auction at the conclusion of any Special Dividend Period shall be the last Business Day in such Special Dividend Period and that no more than one Auction shall be held during any Dividend Period; provided further, however, that the Auction Date following a Default Period shall be the last Business Day in the Standard Dividend Period that commenced during such Default Period. Notwithstanding the foregoing, in the event an auction is not held because an unforeseen event or unforeseen events cause a day that otherwise would have been an Auction Date not to be a Business Day, then the length of the then current dividend period will be extended by seven days (or a multiple thereof if necessary because of such unforeseen event or events).
Auction Date means the first Business Day next preceding the first day of a Dividend Period.