Examples of MMP Shares in a sentence
This Agreement shall automatically terminate upon the redemption of all outstanding MMP Shares or upon termination of the Auction Agency Agreement.
Thereafter, Broker-Dealer promptly shall notify customers of Broker-Dealer that Broker-Dealer believes are Beneficial Owners of MMP Shares of such change in the Auction Date.
Any request for removal of a legend indicating a restriction on transfer from a certificate evidencing MMP Shares shall be accompanied by an opinion of counsel stating that such legend may be removed and such MMP Shares may be transferred free of the restriction described in such legend, said opinion to be delivered under cover of a letter from a Company Officer authorizing the Paying Agent to remove the legend on the basis of said opinion.
The Underwriters propose to offer the MMP Shares for sale upon the terms and conditions set forth in the Prospectus.
The Auction Agent will advise each Broker-Dealer who submitted a Bid or Sell Order in an Auction whether such Bid or Sell Order was accepted or rejected in whole or in part and of the Applicable Rate for the next Dividend Period for the related MMP Shares by telephone or other electronic means acceptable to the parties.
The Auction Agent makes no representation as to the validity or adequacy of the Agreement, the Broker-Dealer Agreements or the MMP Shares except to the extent otherwise set forth in Section 5.2 and except that the Auction Agent hereby represents that the Agreement has been duly authorized, executed and delivered by the Auction Agent and constitutes a legal and binding obligation of the Auction Agent.
If the Auction Agent terminates this Agreement while any MMP Shares remain outstanding, the Company shall use its best efforts to enter into an agreement with a successor auction agent containing substantially the same terms and conditions as this Agreement.
The Paying Agent hereby accepts such appointment and agrees to act in accordance with its standard procedures and the provisions of the Articles Supplementary which are specified herein with respect to the MMP Shares and as set forth in this Section 3.
The Auction Agent may consider a Broker-Dealer which has submitted an Order as the Existing Holder for the purposes of the MMP Shares Register; provided, that the Auction Agent may request the Broker-Dealer to provide a list of its customers if in its sole discretion it determines to do so.
Error-correction term (ECT) is the stationary error term, in which this error term comes from a linear combination of the non-stationary variables that makes this error term to become stationary if they are cointegrated.