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. (1) The Amended By-laws provide that the Applicable Rate on shares of each series of APS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust has adopted a resolution appointing Deutsche Bank Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws provide Certificate of Designation provides that the Applicable Rate on shares of each series of APSAMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Fund advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust Fund has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APSAMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Company advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Company has adopted a resolution appointing Deutsche IBJ Whitehall Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws provide Statement provides that the Applicable Rate on shares of each series of APS, as the case may be, AMPS for each Dividend Period therefor therefore after the Initial initial Dividend Period shall generally be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust advises results from the implementation of the Auction Procedures. The Board of Trustees of the Trust has have adopted a resolution appointing Deutsche Bank Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period thereforPeriod. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1) The Amended By-laws provide that the Applicable Rate on shares of each series of APS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust has adopted a resolution appointing Deutsche Bank Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Fund advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Fund has adopted a resolution appointing Deutsche Bank Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws provide Certificate of Designation provides that the Applicable Rate on shares of each series of APSAMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Fund advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust Fund has adopted a resolution appointing Deutsche IBJ Whitehall Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APS, as the case may be, for Preferred Shares for each subsequent Dividend Period therefor after the Initial Dividend Period shall thereof shall, except under certain conditions, be the rate per annum that a commercial bank, bank or trust company or other financial institution appointed by the Trust Company advises results from implementation of the Auction ProceduresProcedures for Preferred Shares. The Board of Trustees of the Trust Directors has adopted a resolution appointing Deutsche Bank Bankers Trust Company Americas as Auction Agent for purposes of the Auction ProceduresProcedures for Preferred Shares. The Auction Agent hereby accepts such appointment and agrees that, on each Auction Date, it shall to follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for Preferred Shares for each Subsequent Rate Period thereof for which the APS for the next Dividend Period thereforApplicable Rate is to be determined by an Auction. Each periodic operation implementation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were fully set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws provide certificate of Designation provides that the Applicable Rate on shares of each series of APS, as the case may be, AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Trust advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were fully set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Fund advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Fund has adopted a resolution appointing Deutsche Bank Bankers Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APSAMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust Company advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Company has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APS, as the case may be, AMPS for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Trust Company advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Company has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "“Auction."” (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were fully set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws Articles Supplementary provide that the Applicable Rate on shares of each series of APSSeries A AMPS and Series B AMPS, as the case may be, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Trust Company advises results from implementation of the Auction Procedures. The Board of Trustees Directors of the Trust Company has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were fully set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1a) The Amended By-laws provide Certificate of Designation provides that the Applicable Rate on shares of each series of APS, as the case may beAMPS, for each Dividend Period therefor after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company company, or other financial institution appointed by the Trust advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust has adopted a resolution appointing Deutsche IBJ Xxxxxxxx Bank & Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS AMPS for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2b) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were fully set forth fully herein.

Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures. (1) The Amended By-laws provide that the Applicable Rate on shares of each series of APS, as the case may be, for each Dividend Period therefor therefore after the Initial Dividend Period shall be the rate per annum that a commercial bank, trust company or other financial institution appointed by the Trust advises results from implementation of the Auction Procedures. The Board of Trustees of the Trust has adopted a resolution appointing Deutsche Bank Bankers Trust Company Americas 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 the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for the next Dividend Period therefortherefore. Each periodic operation of such procedures is hereinafter referred to as an "Auction." (2) All of the provisions contained in the Auction Procedures and in the Settlement Procedures are incorporated herein by reference in their entirety and shall be deemed to be a part hereof to the same extent as if such provisions were set forth fully herein.