Good Standing of the Advisers. Each of the Advisers has been duly organized and is validly existing and in good standing as corporations under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required.
Appears in 13 contracts
Samples: Purchase Agreement (Blackrock New York Municipal Income Trust Ii), Purchase Agreement (Blackrock New York Municipal Income Trust Ii), Purchase Agreement (Blackrock Municipal Income Trust Ii)
Good Standing of the Advisers. Each of the Advisers Adviser has been duly organized and is validly existing and in good standing as corporations a corporation under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where failure to so qualify would not result in a material adverse effect of an Adviser.
Appears in 3 contracts
Samples: Purchase Agreement (BlackRock Enhanced Dividend Achievers Trust), Purchase Agreement (BlackRock Enhanced Dividend Achievers Trust), BlackRock Long-Term Municipal Advantage Trust
Good Standing of the Advisers. Each of the Advisers Adviser has been duly organized and is validly existing and in good standing as corporations a limited liability company under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation company to transact business and is in good standing in each other jurisdiction in which such qualification is required.
Appears in 2 contracts
Samples: Evergreen Managed Income Fund, Evergreen Managed Income Fund
Good Standing of the Advisers. Each of the Advisers has been duly organized and is validly existing and in good standing as corporations a corporation under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required.
Appears in 2 contracts
Samples: Management Agreement (Blackrock Limited Duration Income Trust), Blackrock Preferred Opportunity Trust
Good Standing of the Advisers. Each of the Advisers has been duly organized and is validly existing and in good standing as corporations a corporation under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where failure to so qualify would not result in a material adverse effect of the respective Adviser.
Appears in 1 contract
Samples: Form of Purchase Agreement (Blackrock Strategic Dividend Achievers Trust)
Good Standing of the Advisers. Each of the Advisers Such Adviser has been duly organized and is validly existing and in good standing as corporations a corporation or partnership, as the case may be, under the laws of the State state of Delaware Delaware, with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation or partnership, as the case may be, to transact business and is in good standing in each other jurisdiction in which such qualification is required.
Appears in 1 contract
Samples: Pioneer Floating Rate Trust
Good Standing of the Advisers. Each of the Advisers Adviser has been duly organized and is validly existing and in good standing as corporations a limited liability company under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and each is duly qualified as a foreign corporation limited liability company to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where failure to so qualify would not result in a material adverse effect of an Adviser.
Appears in 1 contract
Samples: Purchase Agreement (BlackRock Global Equity Income Trust)