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

Auction Schedule; Method of Submission of Orders. (a) The Fund and the Auction Agent shall conduct Auctions for 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 written notice of any such change to BD, 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. Auction Agent shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) as set forth in Section 3.2(a) hereof. 9:30 A.M. - 1:30 P.M. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a) of Part II of the Statement of Preferences. Submission Deadline is 1:30 P.M. Not earlier than 1:30 P.M. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of Preferences. By approximately 3:30 P.M. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of Preferences. Submitted Bids and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS will be allocated as provided in Section 4 of Part II of the Statement of Preferences. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (d) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (e) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of AMPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS to be transferred to or by any Person that purchased or sold AMPS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund Trust and the Auction Agent shall conduct Auctions for AMPS 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 written notice of any such change to BD, 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 ---- ----- By: 9:30 A.M. Auction Agent shall advise advises the Fund Trust and the Broker-Dealers of the Maximum Reference Rate and the Reference Rate(s) Maximum Applicable Rate 9:30 A.M. - 1:30 P.M. Applicable Rate as set forth in Section 3.2(a) hereof. 9:30 A.M. - 1:30 P.M. hereof Auction Agent shall assemble assembles information communicated to it by Broker-Dealers as provided in Section 3(a9(d)(i) of Part II Article VII of the Statement of PreferencesAmended By-laws. Submission Deadline is 1:30 P.M. Not earlier than 1:30 P.M. Auction Agent shall make makes determinations pursuant to Section 3(a9(d)(i) of Part II Article VII of the Statement of PreferencesAmended By-laws. By approximately 3:30 3:00 P.M. Auction Agent shall advise advises the Fund Trust of the results of the Auction as provided in Section 3(b9(d)(ii) of Part II Article VII of the Statement of PreferencesAmended By-laws. Submitted Bids and Submitted Sell Orders will be are accepted and rejected in whole or in part and AMPS will be shares of APS are allocated as provided in Section 4 9(e) of Part II Article VII of the Statement of PreferencesAmended By-laws. Auction Agent shall give gives notice of the Auction results as set forth in Section 3.4(a) hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 9 of Part II Article VII of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any AuctionAmended By-laws. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. B. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit BC, of transfers of AMPSshares of APS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit CD, of the failure of AMPS shares of APS to be transferred to or by any Person that purchased or sold AMPS shares of APS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund Funds and the Auction Agent shall conduct Auctions for each series of 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 written notice of any such change to BD, 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 shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) as set forth in Section 3.2(a) hereof. 9:30 A.M. a.m. - 1:30 P.M. p.m. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a2(a) of Part II of the Statement of Preferences. Submission Deadline deadline is 1:30 P.M. p.m. Not earlier than 1:30 P.M. p.m. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of Preferences. By approximately 3:30 P.M. p.m. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of Preferences. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS will be allocated as provided in Section 4 of Part II of the Statement of Preferences. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. The Auction Agent will follow the Bond Market Association's Market Practice U.S. Holiday Recommendations for shortened trading days for the bond markets (the "BMA Recommendation") unless the Auction Agent is instructed otherwise. In the event of a BMA Recommendation on an Auction Date, the Submission Deadline will be 11:30 a.m., instead of 1:30 p.m., and as a result the notice set forth in Section 3.3 will occur earlier. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 1 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of shares of any series of AMPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS to be transferred to or by any Person that purchased or sold shares of any series of AMPS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund and the Auction Agent shall normally conduct Auctions weekly (usually [ ] for AMPS Series [ ], [ ] for Series [ ] and [ ] for Series [ ]) 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 written notice of any such change to BD, 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 shall advise the Fund and the Broker-Dealers of the Maximum Reference Rate and the Reference Rate(s) Maximum Rate as set forth in Section 3.2(a) hereof. 9:30 A.M. a.m. - 1:30 P.M. 1:00 p.m. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a) of Part II 2 of the Statement of PreferencesAuction Procedures. Submission Deadline deadline is 1:30 P.M. 1:00 p.m. Not earlier than 1:30 P.M. 1:00 p.m. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of PreferencesAuction Procedures. By approximately 3:30 P.M. 3:00 p.m. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of PreferencesAuction Procedures. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS APS will be allocated as provided in Section 4 of Part II of the Statement of PreferencesAuction Procedures. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) 3.4 hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 1 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. B. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit BC, of transfers of AMPSAPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit CD, of the failure of AMPS APS to be transferred to or by any Person that purchased or sold AMPS APS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. p.m. on (1) the Business Day next preceding the applicable Auction DateDate (in connection with notice delivered pursuant to clause (i) of the foregoing sentence) or (2) the Business preceding the next Auction Date following the failure of APS to be transferred (in connection with notice delivered pursuant to clause (ii) of the foregoing sentence).

Auction Schedule; Method of Submission of Orders. (a) The Fund Funds and the Auction Agent shall conduct Auctions for 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 Fund, which consent shall not be withheld unreasonably. The Auction Agent shall give written notice of any such change to BD, 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 shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) as set forth in Section 3.2(a) hereof. 9:30 A.M. a.m. - 1:30 P.M. p.m. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a2(a) of Part II of the Statement of Preferences. Submission Deadline deadline is 1:30 P.M. p.m. Not earlier than 1:30 P.M. p.m. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of Preferences. By approximately 3:30 P.M. p.m. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of Preferences. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS will be allocated as provided in Section 4 of Part II of the Statement of Preferences. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. The Auction Agent will follow the Bond Market Association's Market Practice U.S. Holiday Recommendations for shortened trading days for the bond markets (the "BMA Recommendation") unless the Auction Agent is instructed otherwise. In the event of a BMA Recommendation on an Auction Date, the Submission Deadline will be 11:30 a.m., instead of 1:30 p.m., and as a result the notice set forth in Section 3.3 will occur earlier. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 1 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of AMPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS to be transferred to or by any Person that purchased or sold AMPS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund and the Auction Agent shall conduct Auctions for AMPS Preferred Shares in accordance with the schedule set forth below. Such schedule may be changed at any time by the Auction Agent with at the consent direction of the Fund, which consent shall not be withheld unreasonably. The Auction Agent shall give written notice of any such change to BD, 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. Auction Agent shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) Rate as set forth in Section 3.2(a) hereof. 9:30 A.M. - 1:30 1:00 P.M. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a) of Part II of Article X of the Statement of PreferencesBylaws. Submission Deadline is 1:30 1:00 P.M. Not earlier than 1:30 1:00 P.M. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of Article X of the Statement of PreferencesBylaws. By approximately 3:30 P.M. (and not later than the close of business) Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of Article X of the Statement of PreferencesBylaws. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS Preferred Shares will be allocated as provided in Section 4 of Part II of Article X of the Statement of PreferencesBylaws. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 of Part II of Article X of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any AuctionBylaws. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of AMPSPreferred Shares, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS Preferred Shares to be transferred to or by any Person that purchased or sold AMPS Preferred Shares through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund Funds and the Auction Agent shall conduct Auctions for each series of 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 written notice of any such change to BD, 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 shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) as set forth in Section 3.2(a) hereof. 9:30 A.M. - 1:30 P.M. a.m.–1:30 p.m. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a2(a) of Part II of the Statement of Preferences. Submission Deadline deadline is 1:30 P.M. p.m. Not earlier than 1:30 P.M. p.m. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of Preferences. By approximately 3:30 P.M. p.m. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of Preferences. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS will be allocated as provided in Section 4 of Part II of the Statement of Preferences. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. The Auction Agent will follow the Bond Market Association's Market Practice U.S. Holiday Recommendations for shortened trading days for the bond markets (the "BMA Recommendation") unless the Auction Agent is instructed otherwise. In the event of a BMA Recommendation on an Auction Date, the Submission Deadline will be 11:30 a.m., instead of 1:30 p.m., and as a result the notice set forth in Section 3.3 will occur earlier. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 1 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of shares of any series of AMPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS to be transferred to or by any Person that purchased or sold shares of any series of AMPS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund and the Auction Agent shall normally conduct Auctions weekly (usually [ ] for AMPS Series [ ]) 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 written notice of any such change to BD, 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 shall advise the Fund and the Broker-Dealers of the Maximum Reference Rate and the Reference Rate(s) Maximum Rate as set forth in Section 3.2(a) hereof. 9:30 A.M. a.m. - 1:30 P.M. 1:00 p.m. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a) of Part II 2 of the Statement of PreferencesAuction Procedures. Submission Deadline deadline is 1:30 P.M. 1:00 p.m. Not earlier than 1:30 P.M. 1:00 p.m. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement of PreferencesAuction Procedures. By approximately 3:30 P.M. 3:00 p.m. Auction Agent shall advise the Fund of the results of the Auction as provided in Section 3(b) of Part II of the Statement of PreferencesAuction Procedures. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS APS will be allocated as provided in Section 4 of Part II of the Statement of PreferencesAuction Procedures. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) 3.4 hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 1 of Part II of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any Auction. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. B. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit BC, of transfers of AMPSAPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit CD, of the failure of AMPS APS to be transferred to or by any Person that purchased or sold AMPS APS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. p.m. on (1) the Business Day next preceding the applicable Auction DateDate (in connection with notice delivered pursuant to clause (i) of the foregoing sentence) or (2) the Business preceding the next Auction Date following the failure of APS to be transferred (in connection with notice delivered pursuant to clause (ii) of the foregoing sentence).

Auction Schedule; Method of Submission of Orders. (a) The Fund Company and the Auction Agent shall conduct Auctions for 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 written notice of any such change to BD, 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. Auction Agent shall advise advises the Fund Company and the Broker-Dealers of the Maximum Reference Rate and the Reference Rate(s) Maximum Applicable Rate as set forth in Section 3.2(a) hereof. 9:30 A.M. - 1:30 1:00 P.M. Auction Agent shall assemble assembles information communicated to it by Broker-Broker- Dealers as provided in Section 3(aParagraph 10(c)(i) of Part II of the Statement of PreferencesArticles Supplementary. Submission Deadline is 1:30 1:00 P.M. Not earlier than 1:30 1:00 P.M. Auction Agent shall make makes determinations pursuant to Section 3(aParagraph 10(d)(i) of Part II of the Statement of PreferencesArticles Supplementary. By approximately 3:30 3:00 P.M. Auction Agent shall advise advises the Fund Company of the results of the Auction as provided in Section 3(bParagraph 10(d)(ii) of Part II of the Statement of PreferencesArticles Supplementary. Submitted Bids and Submitted Sell Orders will be are accepted and rejected in whole or in part and shares of AMPS will be are allocated as provided in Section 4 of Part II Paragraph 10(e) of the Statement of PreferencesArticles Supplementary. Auction Agent shall give gives notice of the Auction results as set forth in Section 3.4(a) hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 of Part II Paragraph 10 of the Statement of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any AuctionArticles Supplementary. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. B. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit BC, of transfers of shares of AMPS, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit CD, of the failure of shares of AMPS to be transferred to or by any Person that purchased or sold shares of AMPS through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.

Auction Schedule; Method of Submission of Orders. (a) The Fund and the Auction Agent shall conduct Auctions for AMPS each series of the 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 written notice of any such change to BD, 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. Auction Agent shall advise the Fund and the Broker-Dealers of the Maximum Rate and the Reference Rate(s) as set forth in Section 3.2(a) hereof. Time Event ---- ----- 9:30 A.M. - 1:30 1:00 P.M. Auction Agent shall assemble information communicated to it by Broker-Dealers as provided in Section 3(a) of Part II of the Statement Certificate of PreferencesVote. Submission Deadline is 1:30 1:00 P.M. Not earlier than 1:30 1:00 P.M. Auction Agent shall make determinations pursuant to Section 3(a) of Part II of the Statement Certificate of PreferencesVote. By approximately 3:30 P.M. (and Auction Agent shall advise the Fund not later than the close of business) of the results of the Auction as provided in Section 3(b4(a) of Part II of the Statement Certificate of PreferencesVote. Submitted Bids Bid Orders and Submitted Sell Orders will be accepted and rejected in whole or in part and AMPS Preferred Shares will be allocated as provided in Section 4 5 of Part II of the Statement Certificate of PreferencesVote. Auction Agent shall give notice of the Auction results as set forth in Section 3.4(a) hereof. (b) BD may designate one or more individuals in its organization who will coordinate its procedures in connection with Auctions and purchases and sales of the AMPS. (c) BD agrees to maintain a list of Potential Beneficial Owners and, subject to existing laws and regulations, to contact the Potential Beneficial Owners on such list whom BD believes may be interested in participating in the Auction on or prior to each Auction Date for the purposes set forth in Section 2 of Part II of the Statement Certificate of Preferences. Nothing herein shall require BD to submit an order for any Potential Beneficial Owner in any AuctionVote. (dc) BD shall submit Orders to the Auction Agent in writing in substantially the form attached hereto as Exhibit A. BD shall submit separate Orders to the Auction Agent for each Potential Beneficial Owner or Beneficial Owner on whose behalf BD is submitting an Order and shall not net or aggregate the Orders of Potential Beneficial Owners or Beneficial Owners on whose behalf BD is submitting Orders. (ed) BD shall deliver to the Auction Agent (i) a written notice, substantially in the form attached hereto as Exhibit B, of transfers of AMPSPreferred Shares, made through BD by an Existing Holder to another Person other than pursuant to an Auction, and (ii) a written notice, substantially in the form attached hereto as Exhibit C, of the failure of AMPS Preferred Shares to be transferred to or by any Person that purchased or sold AMPS Preferred Shares through BD pursuant to an Auction. The Auction Agent is not required to accept any notice delivered pursuant to the terms of the foregoing sentence with respect to an Auction unless it is received by the Auction Agent by 3:00 P.M. on the Business Day next preceding the applicable Auction Date.