Common use of The Company's Notices to the Paying Agent Clause in Contracts

The Company's Notices to the Paying Agent. Whenever any shares of AMPS are to be redeemed, the Company promptly shall deliver to the Paying Agent a Notice of Redemption, which will be mailed by the Company to each Holder at least five Business Days prior to the date such Notice of Redemption is required to be mailed pursuant to the Articles Supplementary. The Paying Agent shall have no responsibility to confirm or verify the accuracy of any such Notice.

Appears in 24 contracts

Samples: Auction Agent Agreement (Muniholdings California Insured Fund Iii Inc), Auction Agent Agreement (Muniholdings Michigan Insured Fund Inc), Auction Agent Agreement (Muniholdings Insured Fund Iv Inc)

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The Company's Notices to the Paying Agent. Whenever any shares of AMPS are to be redeemed, the Company promptly shall deliver to the Paying Agent a Notice of RedemptionRedemption upon the terms set forth in Section 4(c) of the Articles Supplementary, which will be mailed by the Company to each Holder at least five Business Days prior to the date such Notice of Redemption is required to be mailed pursuant to the Articles Supplementary. The Paying Agent shall have no responsibility to confirm or verify the accuracy of any such Notice.

Appears in 8 contracts

Samples: Auction Agent Agreement (Muniyield California Insured Fund Ii Inc), Auction Agent Agreement (Munienhanced Fund Inc), Auction Agent Agreement (Muniyield Quality Fund Ii Inc)

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