Common use of AMPS Clause in Contracts

AMPS. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Trust agrees to sell to the Underwriter, and the Underwriter agrees to purchase from the Trust, at the price per share set forth in Schedule B, the number of AMPS set forth in Schedule A opposite the name of the Underwriter.

Appears in 2 contracts

Sources: Purchase Agreement (Clough Global Equity Fund), Purchase Agreement (Clough Global Allocation Fund)

AMPS. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Trust agrees to sell to the each Underwriter, severally and the Underwriter not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at the price per share set forth in Schedule B, the number of AMPS set forth in Schedule A opposite the name of the such Underwriter.

Appears in 2 contracts

Sources: Purchase Agreement (Clough Global Opportunities Fund), Purchase Agreement (BlackRock Preferred & Equity Advantage Trust)

AMPS. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Trust agrees to sell to the each Underwriter, severally and the Underwriter not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Trust, at the price per share set forth in Schedule B, the number of AMPS set forth in Schedule A opposite the name of such Underwriter, plus any additional number of AMPS which such Underwriter may become obligated to purchase pursuant to the Underwriterprovisions of Section 10 hereof.

Appears in 2 contracts

Sources: Purchase Agreement (Reaves Utility Income Fund), Purchase Agreement (Western Asset Premier Bond Fund)