Common use of Auction Schedule Clause in Contracts

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective.

Appears in 4 contracts

Samples: Auction Agency Agreement (Neuberger Berman Realty Income Fund Inc), Neuberger Berman Realty (Neuberger Berman Realty Income Fund Inc), Auction Agency Agreement (Neuberger Berman Real Estate Securities Income Fund Inc)

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Auction Schedule. The Auction Agent shall normally conduct Auctions every seven 7 days after the first Auction, Auction 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. TIME EVENT By 9:30 a.m. Auction Agent shall advise the Fund and the Broker-Dealers of Maximum Dividend Rate as set forth in Section 2.2(d)(i) hereof.

Appears in 3 contracts

Samples: Broker Dealer Agreement (DNP Select Income Fund Inc), Broker Dealer Agreement (DNP Select Income Fund Inc), Auction Agency Agreement (DNP Select Income Fund Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days in the case of Series A Preferred Shares and, in the case of the Series B Preferred Shares, every 28 days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective.. Time Event ---- -----

Appears in 3 contracts

Samples: Auction Agency Agreement (Neuberger Berman Intermediate Municipal Fund Inc), Auction Agency Agreement (Neuberger Berman California Intermediate Municipal Fund Inc), Auction Agency Agreement (Neuberger Berman New York Intermediate Municipal Fund Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. TIME EVENT ---- ----- By 9:30 am. Auction Agent shall advise the Fund and the Broker-Dealers of Maximum Rate as set forth in Section 2.2(d)(i) hereof.

Appears in 2 contracts

Samples: Auction Agency Agreement (Neuberger Berman Real Estate Income Fund Inc), Auction Agency Agreement (Neuberger Berman Real Estate Income Fund Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven 7 days after the first Auction, Auction 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event By 9:30 a.m. Auction Agent shall advise the Fund and the Broker-Dealers of Maximum Dividend Rate as set forth in Section 2.2(d)(i) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, weekly (usually Wednesday) 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective.

Appears in 1 contract

Samples: Auction Agency Agreement (Pacholder High Yield Fund Inc)

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Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 am. Auction Agent shall advise the Fund and the Broker- Dealers of Maximum Rate as set forth in Section 2.2(d) (i) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Neuberger Berman Real Estate Securities Income Fund Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. TIME EVENT ---- ----- By 9:30 am. Auction Agent shall advise the Fund and the the Broker-Dealers of Maximum Rate as set forth in Section 2.2(d)(i) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (First American Minnesota Municipal Income Fund Ii Inc)

Auction Schedule. The Auction Agent shall normally conduct Auctions every seven days after the first Auction, 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 withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 am. Auction Agent shall advise the Fund and the Broker-Dealers of Maximum Rate as set forth in Section 2.2(d)(i) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Neuberger Berman Income Opportunity Fund Inc)

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