Asset Coverage Requirements. On or before the seventh business day after the Closing Time the Fund will furnish to the Representatives a report showing compliance with the asset coverage requirements of the 1940 Act and the asset coverage and effective leverage ratio requirements of the Securities (as described in the Registration Statement) as of the Closing Time in form and substance satisfactory to the Representatives. Such report shall assume the receipt of the net proceeds from the sale of the Securities.
Appears in 43 contracts
Samples: Underwriting Agreement (Nuveen Virginia Dividend Advantage Municipal Fund), Underwriting Agreement (Nuveen Maryland Dividend Advantage Municipal Fund), Underwriting Agreement (Nuveen Insured Tax Free Advantage Municipal Fund)
Asset Coverage Requirements. On or before the seventh business day after the Closing Time relevant Date of Delivery, the Fund will furnish to the Representatives a report showing compliance with the asset coverage requirements of the 1940 Act and the asset coverage and effective leverage ratio requirements of the Securities (as described in the Registration Statement) as of the Closing Time such Date of Delivery in form and substance satisfactory to the Representatives. Such report shall assume the receipt of the net proceeds from the sale of the Securities.
Appears in 43 contracts
Samples: Underwriting Agreement (Nuveen Insured New York Tax Free Advantage Municipal Fund), Underwriting Agreement (Nuveen Pennsylvania Dividend Advantage Municipal Fund 2), Underwriting Agreement (Nuveen Maryland Dividend Advantage Municipal Fund)
Asset Coverage Requirements. On or before the seventh business day after the Closing Time the Fund will furnish to the Representatives a report showing compliance with the asset coverage requirements of the 1940 Act and the asset coverage and effective leverage ratio requirements of the Securities Asset Coverage (as described such term is defined in the Registration StatementStatement of Preferences governing the Securities) and Rating Agency Asset Coverage (as such term is defined in the Statement of Preferences governing the Securities) as of the Closing Time in form and substance satisfactory to the Representatives. Such report shall assume the receipt of the net proceeds from the sale of the Securities.
Appears in 2 contracts
Samples: AllianzGI Convertible & Income Fund, AllianzGI Convertible & Income Fund II
Asset Coverage Requirements. On or before the seventh business day after the Closing Time Time, the Fund will furnish to the Representatives a report showing compliance with the asset coverage requirements of the 1940 Act and the asset coverage and effective leverage ratio requirements of the Securities Shares (as described in the Registration StatementProspectus) as of the Closing Time in the form and substance satisfactory to the Representatives. Such report shall assume the receipt of the net proceeds from the sale of the SecuritiesShares.
Appears in 1 contract
Samples: Underwriting Agreement (Tortoise Energy Infrastructure Corp)
Asset Coverage Requirements. On or before the seventh business day after the Closing Time Time, the Fund will furnish to the Representatives Representative a report showing compliance with the asset coverage requirements of the 1940 Act and the asset coverage and effective leverage ratio requirements of the Securities Shares (as described in the Registration StatementProspectus) as of the Closing Time in the form and substance satisfactory to the RepresentativesRepresentative. Such report shall assume the receipt of the net proceeds from the sale of the SecuritiesShares.
Appears in 1 contract
Samples: Underwriting Agreement (Tortoise Energy Capital Corp)
