Common use of Notice of Auction Results Clause in Contracts

Notice of Auction Results. (a) On each Auction Date, the Auction Agent shall provide to Broker-Dealer the notice required by paragraph (a) of the settlement procedures set forth on Exhibit A hereto (the "Settlement Procedures"). On the Business Day next succeeding such Auction Date, the Auction Agent shall notify Broker-Dealer in writing of the disposition of all Orders submitted by Broker-Dealer in the Auction held on such Auction Date. The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each Auction for public dissemination (b) Broker-Dealer shall notify each Beneficial Owner or Potential Beneficial Owner on whose behalf Broker-Dealer has submitted an Order as set forth in paragraph

Appears in 3 contracts

Samples: Broker Dealer Agreement (Tortoise Energy Capital Corp), Broker Dealer Agreement (Tortoise Energy Capital Corp), Broker Dealer Agreement (Tortoise North American Energy Corp)

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Notice of Auction Results. (a) On each Auction Date, the Auction Agent shall provide to Broker-Dealer the notice required by paragraph (a) of the settlement procedures set forth on Exhibit A hereto (the "β€œSettlement Procedures"”). On the Business Day next succeeding such Auction Date, the Auction Agent shall notify Broker-Dealer in writing of the disposition of all Orders submitted by Broker-Dealer in the Auction held on such Auction Date. The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each Auction for public dissemination (b) Broker-Dealer shall notify each Beneficial Owner or Potential Beneficial Owner on whose behalf Broker-Dealer has submitted an Order as set forth in paragraph

Appears in 1 contract

Samples: Broker Dealer Agreement (Tortoise Energy Infrastructure Corp)

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