Auction Agency Agreement definition

Auction Agency Agreement means the agreement between the Fund and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for shares of a series of MuniPreferred so long as the Applicable Rate for shares of such series is to be based on the results of an Auction.
Auction Agency Agreement with respect to any Fund, shall mean the Auction Agency Agreement between such Fund and the Auction Agent relating to one or more series of MuniPreferred of such Fund.
Auction Agency Agreement means the agreement between the Trust and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for the Preferred Shares so long as the Applicable Rate for such Preferred Shares is to be based on the results of an Auction.

Examples of Auction Agency Agreement in a sentence

  • Consent of Auction Agent, Broker-Dealers and Market Agent So long as any Auction Agency Agreement, Broker-Dealer Agreement or Market Agent Agreement is in effect, no Supplemental Indenture which materially adversely affects the rights, duties or immunities of the Auction Agent, a Broker-Dealer or the Market Agent will become effective unless and until delivery to the Trustee of a written consent of the Auction Agent, the Broker-Dealer or the Market Agent, as the case may be, to such Supplemental Indenture.

  • The auction procedures that apply to many auctions conducted by Merrill Lynch may also include reference to agreements that are generally called “Broker-Dealer Agreements” and “Auction Agency Agreements.” In general, even if the auction procedures do not reference a Broker-Dealer Agreement or an Auction Agency Agreement, you should assume that such agreements exist with respect to every auction rate security.

  • In the weeks after the terrorist attacks, Arabs, Muslims and Arab or Muslim looking people in the Western world were attacked and some were even murdered.

  • Auction Agency Agreements An Auction Agency Agreement is an agreement between the issuer of a specific auction rate security and a firm (typically a bank) that agrees to serve, for fees payable by the issuer, as the “auction agent” for auctions of the security.

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More Definitions of Auction Agency Agreement

Auction Agency Agreement means the Auction Agency Agreement to be entered into between the Company and the Auction Agent with respect to the Auction Rate Bonds, as from time to time amended and supplemented.
Auction Agency Agreement means the Auction Agency Agreement, dated as of [ ], between the fund and the Auction Agent relating to the APS.
Auction Agency Agreement means the Auction Agency Agreement dated as of February 18, 2003 between the Auction Agent and the Trust.
Auction Agency Agreement means the Auction Agency Agreement dated as of September 1, 2001, among NELNET-2, the Trustee and the Auction Agent relating to the Auction Rate Notes.
Auction Agency Agreement means such substitute Auction Agency Agreement.
Auction Agency Agreement with respect to any Trust, shall mean the Auction Agency Agreement between such Trust and the Auction Agent relating to one or more series of Municipal Preferred of such Trust.
Auction Agency Agreement means the Auction Agency Agreement dated as of April 1, 2000 between the Trustee and the Auction Agent relating to the ARN.