Auction Agency Agreement definition

Auction Agency Agreement means the agreement between the Fund and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for shares of a series of MuniPreferred so long as the Applicable Rate for shares of such series is to be based on the results of an Auction.

Auction Agency Agreement means the agreement between the Trust and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for shares of a series of Municipal Preferred so long as the Applicable Rate for shares of such series is to be based on the results of an Auction.

Auction Agency Agreement with respect to any Fund, shall mean the Auction Agency Agreement between such Fund and the Auction Agent relating to one or more series of MuniPreferred of such Fund.

Examples of Auction Agency Agreement in a sentence

• The parties agree that all actions and proceedings arising out of this Auction Agency Agreement or any of the transactions contemplated hereby shall be brought in the County of New York, and, in connection with any such action or proceeding, submit to the jurisdiction of, and venue in, such County.

• The Auction Agent shall have no obligation or liability in respect of the registration or exemption therefrom of the AMPS under federal or state securities laws in respect of the sufficiency or the conformity of any transfer of the AMPS pursuant to the terms of the Auction Agency Agreement, any Broker Dealer Agreement, or any other document contemplated thereby or related thereto.

• Each Agreement shall automatically terminate with respect to any series of MuniPreferred with respect to which the relevant Auction Agency Agreement has terminated.

• If any Fund delivers to its Auction Agent a notice in the form of Exhibit I to the Auction Agency Agreement designating all or a portion of any dividend on shares of any series of MuniPreferred of such Fund to consist of net capital gains or other income taxable for Federal income tax purposes, and BD is a Broker-Dealer for such series, such Auction Agent shall deliver such notice to BD on the Business Day following its receipt of such notice from such Fund.

• In the case of any conflict between the terms of any document incorporated herein by reference and the terms hereof, the Auction Agent shall not be liable for its actions or inaction in accordance with the terms of this Agreement, provided it shall have complied with the standards of conduct in the Auction Agency Agreement.

More Definitions of Auction Agency Agreement

Auction Agency Agreement means the agreement between the Trust and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for the Preferred Shares so long as the Applicable Rate for such Preferred Shares is to be based on the results of an Auction.

Auction Agency Agreement means the Auction Agency Agreement to be entered into between the Company and the Auction Agent with respect to the Auction Rate Bonds, as from time to time amended and supplemented.

Auction Agency Agreement means the Auction Agency Agreement dated as of February 18, 2003 between the Auction Agent and the Trust.

Auction Agency Agreement means the Auction Agency Agreement dated as of September 1, 2001, among NELNET-2, the Trustee and the Auction Agent relating to the Auction Rate Notes.

Auction Agency Agreement means the Auction Agency Agreement, dated as of [ ], between the fund and the Auction Agent relating to the APS.

Auction Agency Agreement means the Auction Agency Agreement dated as of April 1, 2000 between the Trustee and the Auction Agent relating to the ARN.

Auction Agency Agreement means such substitute Auction Agency Agreement.