Auction Date definition

Auction Date means the first Business Day preceding the first day of a Dividend Period.

Auction Date. As defined in Section 9.01.

Auction Date. The date on which the Auction occurs.

Examples of Auction Date in a sentence

• Such notice shall be received prior to the first Auction Date on which any such change shall be effective.

• On the Business Day next succeeding such Auction Date, the Auction Agent shall notify BD in writing of the disposition of all Orders submitted by BD in the Auction held on such Auction Date.

• Such notice shall be given prior to the close of business on the Business Day next preceding the first Auction Date on which any such change shall be effective.

• Not later than five Business Days prior to any Auction Date for which any change in such list of Broker-Dealers is to be effective, the Fund shall notify the Auction Agent in writing of such change and, if any such change is the addition of a Broker-Dealer to such list, the Fund shall cause to be delivered to the Auction Agent for execution by the Auction Agent a Broker-Dealer Agreement signed by such Broker-Dealer.

• Not later than five Business Days prior to any Auction Date for which any change in such list of Broker-Dealers is to be effective, the Company shall notify the Auction Agent in writing of such change and, if any such change is the addition of a Broker-Dealer to such list, the Company shall cause to be delivered to the Auction Agent for execution by the Auction Agent a Broker-Dealer Agreement signed by such Broker-Dealer.

More Definitions of Auction Date

Auction Date has the meaning set forth in Section 11.10(a)(ii) of these Bylaws.

Auction Date with respect to any Rate Period, shall mean the Business Day next preceding the first day of such Rate Period.

Auction Date means the first Business Day next preceding the first day of a Dividend Period for each Series.

Auction Date means the date and time on which the first Bid Window will start;

Auction Date means, in respect of an Auction Portfolio, the business day on which such Auction Portfolio is sold.

Auction Date means the last day of the initial Dividend Period and each seventh day after the immediately preceding Auction Date; provided, however, that if any such seventh day is not a Business Day, such Auction Date shall be the first preceding day that is a Business Day and the next Auction Date, if for a Standard Dividend Period, shall (subject to the same advancement procedure) be the seventh day after the date that the preceding Auction Date would have been if not for the advancement procedure; provided further, however, that the Auction Date for the Auction at the conclusion of any Special Dividend Period shall be the last Business Day in such Special Dividend Period and that no more than one Auction shall be held during any Dividend Period; provided further, however, that the Auction Date following a Default Period shall be the last Business Day in the Standard Dividend Period that commenced during such Default Period. Notwithstanding the foregoing, in the event an auction is not held because an unforeseen event or unforeseen events cause a day that otherwise would have been an Auction Date not to be a Business Day, then the length of the then current dividend period will be extended by seven days (or a multiple thereof if necessary because of such unforeseen event or events).

Auction Date means the first Business Day next preceding the first day of a Dividend Period.