Common use of Auction Schedule; Method of Submission of Orders Clause in Contracts

Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds and the Broker-Dealers of the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 21 contracts

Samples: Master Broker Dealer Agreement (Cohen & Steers Reit & Utility Income Fund Inc), Master Broker Dealer Agreement (Cohen & Steers Reit & Utility Income Fund Inc), Auction Agency Agreement (Cohen & Steers Select Utility Fund Inc)

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Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Broker- Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 15 contracts

Samples: Broker Dealer Agreement (Muniholdings New Jersey Insured Fund Inc), Broker Dealer Agreement (Muniholdings Insured Fund Iv Inc), Broker Dealer Agreement (Muniholdings New York Insured Fund Ii /New/)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a2.2(a) hereof.

Appears in 8 contracts

Samples: Broker Dealer Agreement (Muniyield Arizona Fund Inc /Nj/), Broker Dealer Agreement (Muni Intermediate Duration Fund Inc), Broker Dealer Agreement (Muniyield California Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a2.2(a) hereof.

Appears in 6 contracts

Samples: Broker Dealer Agreement (Muni Intermediate Duration Fund Inc), Broker Dealer Agreement (Muni California Intermediate Duration Fund Inc), Broker Dealer Agreement (Preferred & Corporate Income Strategies Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be unreasonably withheld unreasonablyor delayed. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 6 contracts

Samples: Broker Dealer Agreement (Aberdeen Asia Pacific Income Fund Inc), Broker Dealer Agreement (Aberdeen Asia Pacific Income Fund Inc), Broker Dealer Agreement (Aberdeen Asia Pacific Income Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonablyunreasonably withheld. The Auction Agent shall give written notice of any such change to BDBD which shall have the right to review such change. Such notice shall be received one Business Day prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. a.m. Auction Agent advises the Funds Trust and the Broker-Dealers Dealer of the applicable Maximum Rate and the Reference Rate as set forth in Section 3.2(a2.2(a) hereof.

Appears in 4 contracts

Samples: Broker Dealer Agreement (Ing Clarion Real Estate Income Fund), Broker Dealer Agreement (Ing Clarion Real Estate Income Fund), Broker Dealer Agreement (Ing Clarion Real Estate Income Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises shall advise the Funds Fund and the Broker-Dealers of the Reference Rate and the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 3 contracts

Samples: Broker Dealer Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Broker Dealer Agreement (Pacholder High Yield Fund Inc), Broker Dealer Agreement (Cohen & Steers Advantage Income Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Broker- Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 3 contracts

Samples: Broker Dealer Agreement (Muniholdings Insured Fund Iii Inc), Broker Dealer Agreement (Muniholdings Michigan Insured Fund Ii Inc), Broker Dealer Agreement (Muniholdings New Jersey Insured Fund Iii Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds Fund and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 3 contracts

Samples: Broker Dealer Agreement (Muniholdings Florida Insured Fund Inc), Broker Dealer Agreement (Muniholdings Pennsylvania Insured Fund), Broker Dealer Agreement (Muniholdings Florida Insured Fund Ii)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 3 contracts

Samples: Auction Agency Agreement (Hancock John Investors Trust), Auction Agency Agreement (John Hancock Preferred Income Fund Iii), Auction Agency Agreement (John Hancock Tax-Advantaged Dividend Income Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- TIME EVENT By 9:30 A.M. Auction Agent advises shall advise the Funds Fund and the Broker-Dealers of the Maximum Dividend Rate as set forth in Section 3.2(a) hereof.

Appears in 3 contracts

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

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred the ARP Shares in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BDBroker-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. a.m. The Auction Agent advises shall advise the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Kayne Anderson Energy Total Return Fund, Inc.), Broker Dealer Agreement (Kayne Anderson MLP Investment CO)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises shall advise the Funds Fund and the Broker-Dealers of the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Cohen & Steers Quality Income Realty Fund Inc), Broker Dealer Agreement (Cohen & Steers Premium Income Realty Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds Fund and the Broker-Broker- Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Muniholdings Florida Insured Fund Iii), Broker Dealer Agreement (Muniholdings Florida Insured Fund Iv)

Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds and the Broker-Dealers of the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 2 contracts

Samples: Master Broker Dealer Agreement, Master Broker Dealer Agreement (Cohen & Steers Premium Income Realty Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Broker- Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereofhereof .

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniholdings New Jersey Insured Fund Iii Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- Time: Event: By 9:30 A.M. Auction Agent advises the Funds Fund and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Dreyfus Strategic Municipals Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares the Series E Notes in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BDBroker-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. a.m. The Auction Agent advises shall advise the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Kayne Anderson MLP Investment CO)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Auction-Agent with the consent of the FundTrust, which consent shall not be withheld unreasonablyunreasonably withheld. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniyield Florida Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- By By: 9:30 A.M. Auction Agent advises the Funds Fund and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Eaton Vance Credit Opportunities Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of the Refer ence Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (John Hancock Preferred Income Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonablyunreasonably withheld. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniyield Fund Inc)

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Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds and the Broker-Dealers of the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Master Broker Dealer Agreement (Cohen & Steers Reit & Utility Income Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonablyunreasonably withheld. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniyield Florida Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Funds and the Broker-Dealers of the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Cohen & Steers Reit & Utility Income Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniholdings Michigan Insured Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Municipal Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of the Reference Rate and the Maximum Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Kemper Strategic Municipal Income Trust)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be unreasonably withheld unreasonablyor delayed. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Aberdeen Global Income Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises the Funds and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.. Time Event ---- -----

Appears in 1 contract

Samples: Master Broker Dealer Agreement (Muniyield Insured Fund Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof3.2(a)hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (John Hancock Preferred Income Fund Ii)

Auction Schedule; Method of Submission of Orders. (a) The Funds Company and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundCompany, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Company and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniholdings California Insured Fund Iii Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares the AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonablyunreasonably withheld. The Auction Agent shall give notice of any such change to BD. 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. 9:30 A.M. Auction Agent advises the Funds Trust and the Broker-Dealers of Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Muniyield Florida Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event TIME EVENT ---- ----- By 9:30 A.M. Auction Agent advises shall advise the Funds Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (RMR Hospitality & Real Estate Fund)

Auction Schedule; Method of Submission of Orders. (a) The Funds Fund and the Auction Agent shall conduct Auctions for each series of Preferred Shares AMPS in accordance with the schedule set forth below. Such schedule may be changed at any time 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 BD. 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 advises shall advise the Funds Fund and the Broker-Dealers of the Maximum Dividend Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

Auction Schedule; Method of Submission of Orders. (a) The Funds Trust and the Auction Agent shall conduct Auctions for each series of Preferred Shares APS in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with the consent of the FundTrust, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to BD. 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 advises the Funds Trust and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 3.2(a) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Hancock John Income Securities Trust /Ma)

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