Common use of Designation of Special Dividend Period Clause in Contracts

Designation of Special Dividend Period. (a) The APS Provisions will provide that, subject to the Fund's option to designate a Special Dividend Period as referred to in paragraph (b) of this Section 2.5, (i) each Rate Period will consist of six months for the APS and (ii) each Rate Period following a Rate Period of the APS that is other than a Minimum Dividend Period will be six months for the APS. Not less than 10 nor more than 20 days prior to the last day of any such Rate Period that is not a Minimum Dividend Period, (i) the Fund shall deliver to the Auction Agent a notice of the Auction Date of the next succeeding Auction for the APS in the form of Exhibit E hereto and (ii) the Auction Agent shall deliver such notice by first-class mail, postage prepaid, to each Existing Holder of APS at the address specified in such Existing Holder's Master Purchaser's Letter and to the Broker-Dealers for such APS as promptly as practicable after its receipt of such notice from the Fund.

Designation of Special Dividend Period. (a) The a)The APS Provisions will provide that, subject to the Fund's option to designate a Special Dividend Period as referred to in paragraph (b) of this Section 2.5, (i) each Rate Period (other than the Initial Dividend Period) for the APS will consist of six months for the APS 7 days and (ii) each Rate Period following a Rate Period of the APS that is other than a Minimum Dividend Period will be six months for the APS7 days. Not less than 10 nor more than 20 days prior to the last day of any such Rate Period that is not a Minimum Dividend Period, (i) the Fund shall deliver to the Auction Agent a notice of the Auction Date of the next succeeding Auction for the APS in the form of Exhibit E hereto and (ii) the Auction Agent shall deliver such notice by first-class mail, postage prepaid, to each Existing Holder of APS at the address specified in such Existing Holder's Master Purchaser's Letter and to the Broker-Dealers for such the APS as promptly as practicable after its receipt of such notice from the Fund.

Designation of Special Dividend Period. (a) The APS Provisions will provide that, subject to the Fund's option to designate a Special Dividend Period as referred to in paragraph (b) of this Section 2.5, (i) each Rate Period will consist of six months for the APS and (ii) each Rate Period following a Rate Period of the APS that is other than a Minimum Dividend Period will be six months for the APS. Not less than 10 nor more than 20 days prior to the last day of any such Rate Period that is not a Minimum Dividend Period, (i) the Fund shall deliver to the Auction Agent a notice of the Auction Auc- tion Date of the next succeeding Auction for the APS in the form of Exhibit E hereto and (ii) the Auction Agent shall deliver such notice by first-class mail, postage prepaid, to each Existing Holder of APS at the address specified in such Existing Holder's Master Purchaser's Letter and to the Broker-Dealers for such APS as promptly as practicable after its receipt of such notice from the Fund.