Common use of Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures Clause in Contracts

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes MMP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company Corporation has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate of the Preferred Shares for any Dividend Period after the Tortoise Notes for the next Rate initial Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors Trustees of the Company Trust has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next any Subsequent Rate Period. Each periodic operation implementation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes ARP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors Trustees of the Company Fund has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes APS for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors Trustees of the Company Trust has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate of the Preferred Shares for any Dividend Period after the Tortoise Notes for the next Rate initial Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes MMP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Series ___Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors Trustees of the Company Fund has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes Preferred Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors Trustees of the Company Trust has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next any Subsequent Rate Period. Each periodic operation implementation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes MMP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes MMP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Series E Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Kayne Notes for the next Rate Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (a) The Board of Directors of the Company has adopted a resolution appointing The Bank of New York [Auction Agent] as Auction Agent for purposes of the Auction Procedures. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall follow (i) the procedures set forth in this Section 2 and (ii) the Auction Procedures for the purpose of determining the Applicable Rate for the Tortoise Notes ARP Shares for the next Rate Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."”