Participant in Securities Depository. Payment of Dividends in ------------------------------------------------------------- Same-Day Funds. --------------
(a) BD is, and shall remain for the term of the Agreements, a member of, or participant in, the Securities Depository (or an affiliate of such a member or participant).
(b) BD represents that it (or if BD does not act as Agent Member, one of its affiliates) shall make all dividend payments on the MuniPreferred available in same-day funds on each Dividend Payment Date to customers that use BD or affiliate as Agent Member.
Participant in Securities Depository. BD is, and shall remain for the term of this Agreement, a member of, or participant in, the Securities Depository (or an affiliate of such a member participant).
Participant in Securities Depository. Payment of Dividends in Same-Day Funds.
(a) BD is, and shall remain for the term of this Agreement, a member of, or participant in, the Securities Depository (or an affiliate of such a member or participant).
(b) BD represents that it (or if such BD does not act as Agent Member, one of its affiliates) shall make all dividend payments on the APS available in same-day funds on each Dividend Payment Date to customers that use such BD or affiliate as Agent Member.
Participant in Securities Depository. PAYMENT OF DIVIDENDS IN SAME-DAY FUNDS.
(a) BD is, and shall remain for the term of this Agreement, a member of, or a participant in, the Securities Depository (or an affiliate of such a member or participant).
(b) BD represents that it (or if BD does not act as Agent Member, one of its affiliates) shall make all dividend payments on the Preferred Shares available in same-day funds on each Dividend Payment Date to customers that use BD (or its affiliate) as Agent Member.
Participant in Securities Depository. Either (a) BD is, and shall remain for the term of this Agreement, a member of, or Participant in, the Securities Depository; or (b) BD may designate a Participant to act on BD's behalf for purposes of this Agreement. If BD wishes to designate a different Participant to act on its behalf, BD shall give the Auction Agent at least two Business Days' prior notice thereof.
Participant in Securities Depository. (a) SSB is, and shall remain for the term of this agreement, a member of, or participant in, the Securities Depository (or an affiliate of such a member or participant).
(b) SSB represents that it (or if SSB does not act as Agent Member, one of its affiliates) shall make all dividend payments on the Preferred Shares available in same-day funds on each Dividend Payment Date to customers that use SSB or an affiliate of SSB as Agent Member.
Participant in Securities Depository. PAYMENT OF DIVIDENDS IN SAME-
Participant in Securities Depository. Payment of Dividends in Same-Day Funds.
(a) UBS WARBURG is, and shall remain for the term of this Agreement, a member of, or a participant in, the Securities Depository (or an affiliate of such a member or participant).
(b) UBS WARBURG represents that it (or if UBS WARBURG does not act as Agent Member, one of its affiliates) shall make all dividend payments on the Preferred Shares available in same-day funds on each Dividend Payment Date to customers that use UBS WARBURG (or its affiliate) as Agent Member.
Participant in Securities Depository. Payment of Dividends in SAME-
Participant in Securities Depository. Payment of Interest in Same-Day Funds.
