Initial Auction Date definition

Initial Auction Date means the Business Day immediately preceding the first day of a Dividend Period for Auction Preferred.

Initial Auction Date means the Business Day immediately preceding the first day of a Dividend Period for Converted SABRES.

Initial Auction Date means April 18, 2007 with respect to the Class C-2 Notes.

Examples of Initial Auction Date in a sentence

• An Auction will be held in respect of each Series of Converted SABRES on the Initial Auction Date.

• If the Method Selection Agent for a Series which are then SABRES selects the Auction Method for any Subsequent Dividend Period, the Remarketing Agent for such Series will establish Dividend Periods and Dividend Rates for Shares of such Series until the Initial Auction Date in a manner that will best promote an orderly transition to the Auction Method.

• An Auction will be held in respect of each Series of Converted Remarketing Preferred on the Initial Auction Date.

• If the Method Selection Agent for a Series which is then a Series of Remarketing Preferred selects the Auction Method for any subsequent Dividend Period, the Remarketing Agent for such Series will establish Dividend Periods and Applicable Rates for shares of such Series until the Initial Auction Date in a manner that will best promote an orderly transition to the Auction Method.

• On the Initial Auction Date, each holder of Flex APS ("Initial Auction Holder") will be deemed to have submitted an order to the Auction Agent to sell all shares of Flex APS then held, at a price of $100 per share, without regard to the Applicable Rate for the Initial Auction Dividend Period.

More Definitions of Initial Auction Date

Initial Auction Date is defined in Section 8(b).

Initial Auction Date means April 25, 2007 with respect to the Class B-2B Notes.

Initial Auction Date means the first Business Day preceding the Initial Dividend Period.

Initial Auction Date means August 9, 2007 with respect to the Class B-2 Notes.

Initial Auction Date means August 16, 2006 with respect to the Class A-6B Notes, and August 18, 2006 with respect to the Class A-6C Notes.

Initial Auction Date means each date upon which an Initial Auction is conducted.

Initial Auction Date means such date as shall be set forth as the “Initial Auction Date” relating to such Class of Notes in an Issuer Order upon the conversion of any Reset Rate Note into an Auction Rate Note pursuant to the provisions of Article III of the Fourth Supplemental Indenture.