Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 20 contracts
Samples: Purchase Agreement (Cohen & Steers Reit & Utility Income Fund Inc), Management Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii), Management Agreement (Cohen & Steers Select Utility Fund Inc)
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 2 contracts
Samples: Flaherty & Crumrine/Claymore Total Return Fund Inc, Evergreen Managed Income Fund
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Share Asset Coverage and the Preferred Shares Share Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 1 contract
Samples: Purchase Agreement (Cohen & Steers Global Income Builder, Inc)
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the CharterArticles Supplementary) each will be met.
Appears in 1 contract
Samples: Of Purchase Agreement (Boulder Growth & Income Fund)
Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter[ ]) each will be met.
Appears in 1 contract
Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Share Asset Coverage and the Preferred Shares Share Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 1 contract
Samples: Purchase Agreement (Cohen & Steers Select Utility Fund Inc)
Asset Coverage. As of the Closing Date and assuming xxx xxxuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the CharterAmendment No. 1) each will be met.
Appears in 1 contract
Samples: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)
