Credit Quality. The Fund has invested at least 80% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 7 contracts
Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Fund has invested at least 80% of its Managed Assets primarily in Municipal Obligations investment grade securities that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 6 contracts
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/), VRDP Shares Purchase Agreement (Blackrock Muniholdings New Jersey Quality Fund, Inc.)
Credit Quality. The Under normal market conditions, the Fund has invested shall invest at least 80% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 4 contracts
Samples: VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested will, under normal market conditions, invest at least 80% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 3 contracts
Samples: VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested at least 8075% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 2 contracts
Samples: Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Under normal market conditions, the Fund has invested shall invest at least 8075% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 2 contracts
Samples: Shares Purchase Agreement (Jpmorgan Chase & Co), VMTP Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested at least 8065% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 1 contract
