Examples of Auction Period in a sentence
Avenues of the Americas, 15th Floor New York, NY 10019Attention: Chris Long Phone: (212) 713-4692 Effect on Auction Period Rate: Existing Holders and prospective bidders should take into account in their decision whether to buy, sell, or hold the Bonds that the Borrower will likely affect the Auction Period Rate by virtue of the Borrower's proposed bid in the Next Auction and its involvement in future auctions.
Seller hereby grants to SongVest the exclusive right during the Term to conduct the Offering, and at SongVest’s discretion, a Test The Waters Auction prior thereto via the Site for the Auction Period.
Buyer acknowledges and agrees that all materials, data and information delivered by Seller to Buyer in connection with the transaction contemplated hereby are provided to Buyer as a convenience only and that any reliance on or use of such materials, data or information by Buyer shall be at the sole risk of Buyer.
For any other Auction Period, the Auction Rate shall be the rate of interest per annum that results from implementation of the Auction Procedures.
On the second Business Day preceding the conversion from a daily Auction Period to another Auction Period, there shall be an Auction for the last daily Auction Period.