The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. (a) 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 3 contracts
Samples: Auction Agent Agreement (Eaton Vance Florida Municipal Income Trust), Auction Agent Agreement (Eaton Vance New Jersey Municipal Income Trust), Auction Agent Agreement (Eaton Vance Massachusetts Municipal Income Trust)
The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. (a1) 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)
