Common use of Rights of the Auction Agent Clause in Contracts

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, any communication authorized hereby and any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with both.

Appears in 42 contracts

Samples: Auction Agent Agreement (Muniholdings California Insured Fund Inc), Auction Agent Agreement (Muniholdings New Jersey Insured Fund Iii Inc), Auction Agent Agreement (Muniholdings Michigan Insured Fund Ii Inc)

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Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby by this Agreement which the Auction Agent believes in good faith to have been given by the Company Fund or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with bothDealers.

Appears in 16 contracts

Samples: Auction Agent Agreement (New America High Income Fund Inc), Broker Dealer Agreement (New America High Income Fund Inc), Broker Dealer Agreement (New America High Income Fund Inc)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with both.

Appears in 12 contracts

Samples: Auction Agent Agreement (Muniyield Michigan Fund Inc), Auction Agent Agreement (Muniyield California Insured Fund Ii Inc), Auction Agent Agreement (Blackrock Florida Insured Municipal 2008 Term Trust)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Fund or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Fund or with the Broker-Dealers or with both.

Appears in 11 contracts

Samples: Nuveen Auction Agency Agreement (Nuveen New York Performance Plus Municipal Fund Inc), Nuveen Auction Agency Agreement (Nuveen Georgia Dividend Advantage Municipal Fund 2), Nuveen Auction Agency Agreement (Nuveen Insured Massachuset Tax Free Advantage Municipal Fund)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, any communication authorized hereby and any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Trust or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Trust or with the Broker-Dealers or with both.

Appears in 9 contracts

Samples: Auction Agent Agreement (Eaton Vance California Municipal Income Trust), Auction Agent Agreement (Eaton Vance Michigan Municipal Income Trust), Auction Agent Agreement (Eaton Vance Municipal Income Trust)

Rights of the Auction Agent. (a1) The Auction Agent may conclusively rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Trust or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Trust or with the Broker-Dealers or with both.

Appears in 8 contracts

Samples: Auction Agency Agreement (Blackrock Virginia Municipal Bond Trust), Auction Agency Agreement (Blackrock New York Municipal Bond Trust), Auction Agency Agreement (Blackrock Maryland Municipal Bond Trust)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Trust or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Trust or with the Broker-Dealers or with both.

Appears in 7 contracts

Samples: Colonial Auction Agency Agreement (Colonial Investment Grade Municipal Trust), Colonial Auction Agency Agreement (Colonial High Income Municipal Trust), Colonial Insured Municipal Fund

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, any communication authorized hereby and any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Fund or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Fund or with the Broker-Dealers or with both.

Appears in 7 contracts

Samples: Auction Agent Agreement (Muniholdings Florida Insured Fund Iii), Auction Agent Agreement (Muniholdings Florida Insured Fund V), Auction Agent Agreement (Dreyfus Strategic Municipal Bond Fund Inc)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share form of bond certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company Trustee or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company Trustee or with the Broker-Dealers or with both.

Appears in 7 contracts

Samples: Auction Agent Agreement (Education Loans Inc /De), Auction Agent Agreement (Education Loans Inc /De), Auction Agent Agreement (Education Loans Inc /De)

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Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, any communication authorized hereby by this Agreement and any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby by this Agreement which the Auction Agent reasonably believes in good faith to have been given by the Company Fund or by a Broker-DealerSSB. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with bothSSB.

Appears in 3 contracts

Samples: Broker Dealer Agreement (Real Estate Income Fund Inc), Dealer Agreement (Travelers Corp Loan Fund Inc), Broker Dealer Agreement (Real Estate Income Fund Inc)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby by this Agreement which the Auction Agent believes in good faith to have been given by the Company or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with bothDealers.

Appears in 3 contracts

Samples: Dealer Agreement (Zenix Income Fund Inc), Dealer Agreement (Zenix Income Fund Inc), Broker Dealer Agreement (Smith Barney Intermediate Municipal Fund Inc)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes in good faith to have been given by the Company or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with both.

Appears in 2 contracts

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

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed in good faith by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby by this Agreement which the Auction Agent believes in good faith to have been given by the Company Fund or by a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with bothBroker- Dealers.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Van Kampen Trust for Investment Grade Florida Municipals), Broker Dealer Agreement (Van Kampen Trust for Investment Grade New Jersey Municipals)

Rights of the Auction Agent. (a) The Auction Agent may rely upon, and shall be protected in acting or refraining from acting upon, upon any communication authorized hereby and upon any written instruction, notice, notice request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any telephone communication authorized hereby which the Auction Agent believes reasonably and in good faith to have been given by a validly authorized agent of the Company or by of a Broker-Dealer. The Auction Agent may record telephone communications with the Company or with the Broker-Dealers or with both.

Appears in 1 contract

Samples: Auction Agent Agreement (International Lease Finance Corp)

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