Common use of Existing Holder Clause in Contracts

Existing Holder. If BD believes it is the Existing Holder of fewer shares of such series than specified by the Auction Agent in response to BD's inquiry, BD may so inform the Auction Agent of that belief. BD shall not, in its capacity as Existing Holder of shares of such series, submit Orders in such Auction in respect of shares of such series covering in the aggregate more than the number of shares of such series specified by the Auction Agent in response to BD's inquiry.

Appears in 21 contracts

Samples: Broker Dealer Agreement (Nuveen Select Quality Municipal Fund Inc), Broker Dealer Agreement (Nuveen Investment Quality Municipal Fund Inc), Broker Dealer Agreement (Nuveen California Quality Income Municipal Fund Inc)

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