Preparation for Each Auction. (a) Not later than 9:30 A.M. on each Auction Date for the AMPS, the Auction Agent shall advise BD by telephone of the Reference Rate and the Maximum Applicable Rate in effect on such Auction Date.
Preparation for Each Auction. (a) Not later than 9:30 a.m. on each Auction Date, the Auction Agent shall advise BD by telephone or other electronic means, to be confirmed in writing by the Auction Agent, of the Maximum Rate, Reference Rate(s) and Treasury Note Rate(s).
Preparation for Each Auction. (a) Not later than 9:30 A.M. on each Auction Date for any series of MuniPreferred, the Auction Agent for such series shall advise the Broker-Dealers for such series by telephone of the Maximum Rate therefor and the Reference Rate(s) and Treasury Note Rate(s), as the case may be, used in determining such Maximum Rate.
Preparation for Each Auction. Maintenance of Registry of Beneficial Owners. --------------------------------
Preparation for Each Auction. (a) Not later than 9:30 a.m. on each Auction Date for the MMP Shares, the Auction Agent shall advise Broker-Dealer by telephone of the Reference Rate and the Maximum Rate in effect on such Auction Date.
Preparation for Each Auction. Maintenance of Registry of Existing ----------------------------------------------------------------- Holders. --------
Preparation for Each Auction. (a) Not later than 3:00 P.M. on the Business Day preceding each Auction Date, the Auction Agent shall notify BD of any change in the aggregate principal amount of the Bonds, as of the opening of business on such day by delivering a notice to BD by Electronic Means or other communication acceptable to the parties.
Preparation for Each Auction. (a) Not later than 9:30 a.m. on each Auction Date for the Tortoise Notes, the Auction Agent shall advise Broker-Dealer by telephone of the Reference Rate and the Maximum Rate in effect on such Auction Date.
Preparation for Each Auction. (a) Not later than 9:30 A.M. on each Auction Date for both series of Preferred Shares, the Auction Agent shall advise BD by telephone of the Maximum Applicable Rate in effect on such Auction Date as determined from the higher of the 30- day "AA" Composite Commercial Paper Rate and the Taxable Equivalent of the Short- Term Municipal Bond Rate (except in the case of a Special Dividend Period in which case the Maximum Applicable Rate shall be determined from the higher of the Special Dividend Period Reference Rate and the Taxable Equivalent of the Short-Term Municipal Bond Rate.
Preparation for Each Auction. Maintenance of
