Common use of Determination of Sufficient Clearing Bids, Winning Bid Rate and Applicable Rate Clause in Contracts

Determination of Sufficient Clearing Bids, Winning Bid Rate and Applicable Rate. (i) Not earlier than the Submission Deadline on each Auction Date, the Auction Agent shall assemble all Orders submitted or deemed submitted to it by the Broker-Dealers (each such Order as submitted or deemed submitted by a Broker-Dealer being hereinafter referred to individually as a “Submitted Hold Order”, a “Submitted Bid” or a “Submitted Sell Order”, as the case may be, or as a “Submitted Order”) and shall determine:

Appears in 23 contracts

Samples: Appendix (Pimco California Municipal Income Fund Ii), Appendix (Pimco Municipal Income Fund Ii), Appendix (Pimco California Municipal Income Fund)

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Determination of Sufficient Clearing Bids, Winning Bid Rate and Applicable Rate. (i) Not earlier than the Submission Deadline on each Auction Date, the Auction Agent shall assemble all Orders submitted or deemed submitted to it by the Broker-Dealers (each such Order as submitted or deemed submitted by a Broker-Dealer being hereinafter referred to individually as a “Submitted Hold Order”, ,” a “Submitted Bid” or a “Submitted Sell Order”, ,” as the case may be, or or, more generally, as a “Submitted Order”) and shall determine:

Appears in 2 contracts

Samples: Pimco Corporate Opportunity Fund (Pimco Corporate & Income Opportunity Fund), PIMCO Floating Rate Strategy Fund

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Determination of Sufficient Clearing Bids, Winning Bid Rate and Applicable Rate. (i) Not earlier than the Submission Deadline on each Auction Date, the Auction Agent shall assemble all Orders submitted or deemed submitted to it by the Broker-Dealers (each such Order as submitted or deemed submitted by a Broker-Dealer being hereinafter referred to individually as a "Submitted Hold Order”, ," a "Submitted Bid" or a "Submitted Sell Order”, ," as the case may be, or as a "Submitted Order”) " and shall determine:collectively as "Submitted Hold Orders," "

Appears in 1 contract

Samples: Insurance Agreement (Prospect Street High Income Portfolio Inc)

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