Notice of Auction Results. (a) On each Auction Date, the Auction Agent shall notify BD by telephone as set forth in paragraph (a) of the Settlement Procedures. 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.
Notice of Auction Results. On each Auction Date, the Auction Agent shall notify Broker-Dealers of the results of the Auction held on such date by telephone or through the Auction Agent's Auction Processing System as set forth in Paragraph (a) of the Settlement Procedures.
Notice of Auction Results. 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 Preferred Shares by telephone or through its Auction Processing System as set forth in paragraph (a) of the Settlement Procedures.
Notice of Auction Results. On each Auction Date, the Auction Agent shall notify Broker-Dealers of the results of the Auction (I.E., the resulting rate and those bids accepted and rejected) by telephone or other electronic means acceptable to the parties.
Notice of Auction Results. (a) On each Auction Date, the Auction Agent shall provide to Broker-Dealer the notice required by paragraph (a) of the Settlement Procedures. On the Business Day next succeeding such Auction Date, the Auction Agent shall notify Broker-Dealer in writing of the disposition of all Orders submitted by Broker-Dealer in the Auction held on such Auction Date. The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each auction for public dissemination.
Notice of Auction Results. 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 Rate Period for the related Tortoise Notes by telephone or other electronic means acceptable to the parties. The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each auction for public dissemination.
Notice of Auction Results. 9 2.5 Broker-Dealers............................................................... 9 2.6 Ownership of Shares of APS and Submission of Bids by the Trust and its Affiliates................................................. 10 2.7 Access to and Maintenance of Auction Records................................. 10 III. THE AUCTION AGENT AS PAYING AGENT........................................................ 11 3.1 The Paying Agent............................................................. 11 3.2 The Trust's Notices to the Paying Agent...................................... 11 3.3 The Trust to Provide Funds for Dividends, Redemptions and Additional Dividends. ................................................ 12 3.4 Disbursing Dividends, Redemption Price and Additional Dividends.................................................................... 12 IV. THE PAYING AGENT AS TRANSFER AGENT AND REGISTRAR.......................................... 13 4.1
Notice of Auction Results. 9 2.5 Broker-Dealers................................................................9 2.6 Ownership of Shares of APS and Submission of Bids by the Trust and its Affiliates.................................................10 2.7 Access to and Maintenance of Auction Records.................................10
Notice of Auction Results. (a) On each Auction Date, the Auction Agent shall provide to Broker-Dealer the notice required by paragraph (a) of the settlement procedures set forth on Exhibit A hereto (the "Settlement Procedures"). On the Business Day next succeeding such Auction Date, the Auction Agent shall notify Broker-Dealer in writing of the disposition of all Orders submitted by Broker-Dealer in the Auction held on such Auction Date. The Auction Agent, unless instructed otherwise in writing by the Company, is authorized to release the Winning Bid Rate after each Auction for public dissemination
Notice of Auction Results. 8 2.7 Broker-Dealers.................................................................................8 2.8
