Common use of The Auction Period Adjustment Clause in Contracts

The Auction Period Adjustment. in Paragraph 1 shall take place only if (A) the Trustee and the Auction Agent receive, by 11:00 a.m., New York City time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market Agent, as required by the Fourth Supplemental Indenture authorizing the change in length of one or more Auction Periods and (B) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

The Auction Period Adjustment. in Paragraph 1 shall take place only if (Aa) the Trustee and the Auction Agent receive, by 11:00 a.m., New York City eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market AgentIssuer, as required by the Fourth Supplemental Indenture authorizing the change in length of one or more Auction Periods and (Bb) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.

The Auction Period Adjustment. in Paragraph 1 shall take place only if (A) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m.A.M., New York City eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market Calculation Agent, as required by the Fourth Supplemental Indenture authorizing the change in length of one or more Auction Periods and (B) Sufficient Clearing Bids exist on the Auction Interest Determination Date for the Auction Period commencing on the Effective Date.

The Auction Period Adjustment. in Paragraph 1 shall take place only if (Aa) the Indenture Trustee and the Auction Agent receive, by 11:00 a.m., New York City eastern time, on the Business Day before the Auction Date for the Auction Period commencing on the Effective Date, a certificate from the Market AgentIssuer, as required by the Fourth Supplemental Indenture authorizing the change in length of one or more Auction Periods and (Bb) Sufficient Bids exist on the Auction Date for the Auction Period commencing on the Effective Date.