Auction Method definition

Auction Method means a method of determining Dividend Periods and dividend rates for the Auction Preferred of a Series pursuant to the Auction Procedures.
Auction Method means the method of determining the duration of Dividend Periods and Dividend Rates for the Shares of Variable Cumulative Preferred Stock of a Series pursuant to the procedures described in paragraph D of Section 5 hereof.
Auction Method. Traditional: Conditional:

Examples of Auction Method in a sentence

  • Bidding will be conducted according to the Multi-Parcel Auction Method.

  • The "Buyer's Choice Auction Method" auctioning will continue until both tracts have been purchased.


More Definitions of Auction Method

Auction Method means the method of determining Dividend Periods and Dividend Rates for the shares of Variable Cumulative Preferred Stock described in Subsection D of Section Four.