Common use of The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends Clause in Contracts

The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. (1) Not later than noon on each Dividend Payment Date, the Trust shall deposit with the Paying Agent an aggregate amount of Federal Funds or similar same-day funds equal to the declared dividends to be paid to Holders on such Dividend Payment Date, and shall give the Paying Agent irrevocable instructions to apply such funds to the payment of such dividends on such Dividend Payment Date.

Appears in 10 contracts

Samples: Auction Agent Agreement (Eaton Vance Insured Municipal Bond Fund), Auction Agent Agreement (Eaton Vance Limited Duration Income Fund), Auction Agent Agreement (Eaton Vance Tax Advantaged Global Dividend Opportunities Fun)

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The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. (1a) Not later than noon on each Dividend Payment Date, the Trust shall deposit with the Paying Agent an aggregate amount of Federal Funds or similar same-day funds equal to the declared dividends to be paid to Holders on such Dividend Payment Date, and shall give the Paying Agent irrevocable instructions to apply such funds to the payment of such dividends on such Dividend Payment Date.

Appears in 9 contracts

Samples: Auction Agent Agreement (Eaton Vance Pennsylvania Municipal Income Trust), Auction Agent Agreement (Eaton Vance California Municipal Income Trust), Auction Agent Agreement (Eaton Vance Ohio Municipal Income Trust)

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The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. (1) Not later than noon on each Dividend Payment Date, the Trust shall deposit with the Paying Agent an aggregate amount of Federal Funds or similar same-day funds equal to the declared dividends to be paid to Holders on such Dividend Payment Date, and shall give the Paying Agent irrevocable instructions to apply such funds to the payment of such dividends on such Dividend Payment Date.Payment

Appears in 1 contract

Samples: Auction Agent Agreement (Eaton Vance Senior Floating Rate Trust)

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