Common use of NOTICE OF SPECIAL RATE PERIOD Clause in Contracts

NOTICE OF SPECIAL RATE PERIOD. No later than 11:00 A.M., New York City time, on the second Business Day next preceding the first day of any proposed Special Rate Period of shares of a series of Municipal Preferred as to which notice has been given as set forth in subparagraph (c) of this paragraph 4 (or such later time or date, or both, as may be agreed to by the Auction Agent), the Trust shall deliver to the Auction Agent either:

Appears in 8 contracts

Samples: Colonial Insured Municipal Fund, Colonial California Insured Municipal Fund, Colonial New York Insured Municipal Fund

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