Common use of Asset Coverage Clause in Contracts

Asset Coverage. As of the Closing Time and assuming the receipt of the net proceeds from the sale of the AMPS, and, with respect to the Preferred Shares Basic Maintenance Amount only, using portfolio holdings and valuations as of the close of business of any day not more than six business days preceding the Closing Time (provided that the total net assets of the Fund as of the Closing Time have not delivered by 5% or more from such valuation date), the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.

Asset Coverage. As of the Closing Time and assuming the receipt of the net proceeds from the sale of the AMPS, and, with respect to the Preferred Shares Basic Maintenance Amount only, using portfolio holdings and valuations as of the close of business of any day not more than six business days preceding the Closing Time (provided that the total net assets of the Fund as of the Closing Time have not delivered declined by 5% or more from such valuation date), the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.

Asset Coverage. As of the Closing Time Clxxxxx Xime and assuming the receipt of the net proceeds from the sale of the AMPS, and, with respect to the Preferred Shares Basic Maintenance Amount only, using portfolio holdings and valuations as of the close of business of any day not more than six business days preceding the Closing Time (provided that the total net assets of the Fund as of the Closing Time have not delivered declined by 5% or more from such valuation date), the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.