Common use of Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage Clause in Contracts

Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage. As of the Closing Date, the Fund is in compliance with the Effective Leverage Ratio and the Minimum VRDP Shares Asset Coverage.

Appears in 18 contracts

Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)

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Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage. As of the Closing Effective Date, the Fund is not in an Effective Leverage Ratio Cure Period with respect to its Effective Leverage Ratio covenant in Section 6.18 and is in compliance with the Effective Leverage Ratio and the Minimum VRDP Shares Asset Coverage.

Appears in 4 contracts

Samples: VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.)

Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage. As of the Closing Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Minimum VRDP Shares Asset Coverage.

Appears in 4 contracts

Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.)

Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage. As of the Closing Date, the Fund is not in an Effective Leverage Ratio Cure Period with respect to its Effective Leverage Ratio covenant in Section 6.18 and is in compliance with the Effective Leverage Ratio and the Minimum VRDP Shares Asset Coverage.

Appears in 1 contract

Samples: VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.)

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Effective Leverage Ratio; Minimum VRDP Shares Asset Coverage. As of the Closing Date, the Fund Trust is in compliance with the Effective Leverage Ratio and the Minimum VRDP Shares Asset Coverage.

Appears in 1 contract

Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/)

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