Compensation of the Broker-Dealers. On each Dividend Payment Date, the Auction Agent shall pay the Broker-Dealer Fee out of funds provided to it for that purpose by the Fund payable to each Broker-Dealer on such Dividend Payment Date, as provided in Section 2.5 of the Broker-Dealer Agreements.
Appears in 2 contracts
Samples: Auction Agreement (Cohen & Steers Global Income Builder, Inc), Auction Agreement (Advent/Claymore Global Convertible Securities & Income Fund)
Compensation of the Broker-Dealers. On each Dividend Interest Payment Date, the Auction Agent shall pay the Broker-Dealer Fee out of funds provided to it for that purpose by the Fund Issuer or Trustee payable to each Broker-Dealer on such Dividend Interest Payment Date, as provided in Section 2.5 of the Broker-Dealer Agreements.
Appears in 2 contracts
Samples: Auction Agreement (National Collegiate Student Loan Trust 2007-4), Auction Agreement (National Collegiate Student Loan Trust 2007-3)
