Common use of Remarketing Schedule Clause in Contracts

Remarketing Schedule. Each Remarketing shall take place over a two-Business Day period consisting of the Remarketing Date and the Settlement Date. Such dates or the method of establishing such dates shall be determined by the Trustees from time to time and until further action by the Trustees, a Remarketing Date shall occur on the last Business Day of a Dividend Period for a series of RP (except for the last Dividend Period for such RP) and the related Settlement Date shall occur on the first Business Day of the succeeding Dividend Period.

Appears in 4 contracts

Samples: Putnam Municipal Opportunities Trust, Putnam Municipal Opportunities Trust, Putnam Municipal Opportunities Trust

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Remarketing Schedule. Each Remarketing shall take place over a two-Business Day period consisting of the Remarketing Date and the Settlement Date. Such dates or the method of establishing such dates shall be determined by the Trustees from time to time and until further action by the Trustees, a Remarketing Date shall occur on the last Business Day of a Dividend Period for a series of RP (except for the last Dividend Period for such RP) and the related Settlement Date shall occur on the first Business Day of the succeeding Dividend Period. 2.

Appears in 1 contract

Samples: Putnam Municipal Opportunities Trust

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Remarketing Schedule. Each Remarketing shall take place over a two-Business Day period consisting of the Remarketing Date and the Settlement Date. Such dates or the method of establishing such dates shall be determined by the Trustees from time to time and until further action by the Trustees, a Remarketing Date shall occur on the last Business Day of a Dividend Period for a series of RP (except for the last Dividend Period for such RPthe Municipal Income Preferred Shares) and the related Settlement Date shall occur on the first Business Day of the succeeding Dividend Period.

Appears in 1 contract

Samples: Putnam Municipal Opportunities Trust

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