Common use of Auction Schedule Clause in Contracts

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the Fund, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund and Broker-Dealers of the applicable Maximum Rate and the "AA" Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

Appears in 4 contracts

Samples: Auction Agency Agreement (Van Kampen Municipal Trust), Auction Agency Agreement (Van Kampen Trust for Investment Grade Florida Municipals), Auction Agency Agreement (Van Kampen Municipal Opportunity Trust)

AutoNDA by SimpleDocs

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundCompany, which consent shall not be unreasonably withheldwithheld or delayed. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund Company and Broker-Broker- Dealers of the applicable Maximum Rate and the "AA" Financial Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

Appears in 2 contracts

Samples: Auction Agency Agreement (Zenix Income Fund Inc), Auction Agency Agreement (Zenix Income Fund Inc)

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundTrust, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next immediately preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund Trust and Broker-Dealers of the applicable Maximum Applicable Rate and the "AA" Financial Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, Rate used in determining such Maximum Applicable Rate as set forth in Section 2.3(b)(i) 2.7 hereof.

Appears in 2 contracts

Samples: Auction Agency Agreement (John Hancock Preferred Income Fund Ii), Auction Agency Agreement (John Hancock Preferred Income Fund Iii)

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundTrust, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next immediately preceding the first Auction Date on which any such change shall be effective. Time Event TIME EVENT ---- ----- By 9:30 A.M. Auction Agent advises the Fund Trust and Broker-Dealers of the applicable Maximum Applicable Rate and the "AA" Financial Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, Rate used in determining such Maximum Applicable Rate as set forth in Section 2.3(b)(i) 2.7 hereof.

Appears in 2 contracts

Samples: Auction Agency Agreement (John Hancock Tax-Advantaged Dividend Income Fund), Auction Agency Agreement (Hancock John Investors Trust)

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundTrust, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next immediately preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund Trust and Broker-Dealers of the applicable Maximum Rate and the "AA" Financial Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, Rate used in determining such Maximum Rate as set forth in Section 2.3(b)(i) 2.7 hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (John Hancock Preferred Income Fund)

AutoNDA by SimpleDocs

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundTrust, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next immediately preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- TIME EVENT By 9:30 A.M. Auction Agent advises the Fund Trust and Broker-Dealers of the applicable Maximum Applicable Rate and the "AA" Financial Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, Rate used in determining such Maximum Applicable Rate as set forth in Section 2.3(b)(i) 2.7 hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Hancock John Income Securities Trust /Ma)

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the Fund, which consent shall not be unreasonably withheld. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund and Broker-Dealers of the applicable Maximum Rate and the "AA" Composite Commercial Paper Rate(s) and Rate(s)and Treasury Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Van Kampen Ohio Quality Municipal Trust)

Auction Schedule. The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the FundCompany, which consent shall not be unreasonably withheldwithheld or delayed. The Auction Agent shall give written notice of any such change to each Broker-Dealer. Such notice shall be given prior to the close of business on the Business Day next preceding the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund Company and Broker-Dealers of the applicable Maximum Rate rate and the "AA" Composite Commercial Paper Rate(s) and Treasury Rate(s), as the case may be, used in determining such Maximum Rate rate as set forth in Section 2.3(b)(i2(c)(ii) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Boulder Total Return Fund Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.