Common use of Established securities markets Clause in Contracts

Established securities markets. Except as otherwise provided below, any market especially established to provide a security or obligation to an issuer of municipal obligations shall not be treated as an established market and shall be rebuttably presumed to be acquired or disposed of for a price that is not its Fair Market Value.

Appears in 8 contracts

Samples: Supplemental Trust Agreement, Supplemental Trust Agreement, Series 2009 Supplemental Trust Agreement

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