Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a limited partnership under the laws of the state of Illinois, with full limited partnership power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where failure to so qualify or to be in good standing would not result in a material adverse effect.
Appears in 5 contracts
Samples: Purchase Agreement (First Trust/Fiduciary Asset Management Covered Call Fund), Purchase Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii), First Trust/Aberdeen Emerging Opportunity Fund
Good Standing of the Investment Adviser. The Investment Adviser has been duly organized established and is validly existing and in good standing as a limited partnership corporation under the laws of the state State of Illinois, Illinois with full limited partnership corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and 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 or to be in good standing would not result in a material adverse effect.
Appears in 2 contracts
Samples: Purchase Agreement (Calamos Convertible Opportunities & Income Fund), Purchase Agreement (Calamos Convertible Opportunities & Income Fund)
Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a limited partnership under the laws of the state State of Illinois, Illinois with full limited partnership power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where failure to so qualify or to be in good standing would not result in a material adverse effect.
Appears in 1 contract
Samples: Management Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii)
