Common use of Preparation for Each Auction Clause in Contracts

Preparation for Each Auction. (a) Not later than 3:00 P.M. on the Business Day preceding each Auction Date, the Auction Agent shall notify BD of any change in the aggregate principal amount of the Bonds, as of the opening of business on such day by delivering a notice to BD by Electronic Means or other communication acceptable to the parties.

Appears in 9 contracts

Samples: www.sifma.org, Broker Dealer Agreement (National Collegiate Student Loan Trust 2007-3), Broker Dealer Agreement (National Collegiate Student Loan Trust 2007-3)

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Preparation for Each Auction. (a) Not later than 3:00 P.M. on the Business Day preceding each Auction Date, the Auction Agent shall notify BD of any change in the aggregate principal amount purchase price of the BondsAMPS, as of the opening of business on such day by delivering a notice to BD by Electronic Means or other communication acceptable to the parties.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Cohen & Steers Global Income Builder, Inc), Broker Dealer Agreement (Advent/Claymore Global Convertible Securities & Income Fund)

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