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

Auction Schedule; Method of Submission of Orders. (a) The Auction Agent shall conduct Auctions 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 Trust, which consent shall not be unreasonably withheld. 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 advises the Trust and the Broker-Dealer of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s) as set forth in Section 2.2(a) hereof.

Appears in 4 contracts

Samples: Broker Dealer Agreement (Blackrock New York Municipal Bond Trust), Broker Dealer Agreement (Blackrock Municipal Bond Trust), Broker Dealer Agreement (Blackrock Virginia Municipal Bond Trust)

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Auction Schedule; Method of Submission of Orders. (a) The Auction Agent shall conduct Auctions 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 Trust, which consent shall not be unreasonably withheld. 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 advises the Trust and the Broker-Broker- Dealer of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Index Rate(s) as set forth in Section 2.2(a) hereof.

Appears in 1 contract

Samples: Auction Agency Agreement (Pioneer High Income Trust)

Auction Schedule; Method of Submission of Orders. (a) The Auction Agent shall conduct Auctions 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 Trust, which consent shall not be unreasonably withheld. 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 advises the Trust and the Broker-Dealer of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s) as set forth in Section 2.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Blackrock Municipal 2018 Term Trust)

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Auction Schedule; Method of Submission of Orders. (a) The Auction Agent shall conduct Auctions 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 Trust, which consent shall not be unreasonably withheld. 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 advises the Trust and the Broker-Dealer of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s) as set forth in Section 2.2(a) hereof.

Appears in 1 contract

Samples: Broker Dealer Agreement (Blackrock New York Municipal 2018 Term Trust)

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