Common use of Method of Purchasing Clause in Contracts

Method of Purchasing. (a) Pursuant to an Optional Tender, Beneficial Owners may elect to tender their VRDP Shares (in one or more shares) for purchase at the Purchase Price on the Purchase Date designated in the Notice of Tender (or if such day is not a Business Day, on the next succeeding Business Day) by an effective delivery of a Notice of Tender to the Tender and Paying Agent. Each Notice of Tender will be irrevocable (except as described below) and effective upon receipt by the Tender and Paying Agent and shall:

Appears in 17 contracts

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

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Method of Purchasing. (a) Pursuant to an Optional Tender, Beneficial Owners may elect to tender their VRDP Shares (in one or more sharesdenominations equal to the Liquidation Preference) for purchase at the Purchase Price on the Purchase Date designated in the Notice of Tender (or if such day is not a Business Day, on the next succeeding Business Day) by an effective a proper delivery of a Notice of Tender to the Tender and Paying Agent. Each Notice of Tender will be irrevocable (except as described below) and effective upon receipt by the Tender and Paying Agent and shall:

Appears in 5 contracts

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

Method of Purchasing. (a) Pursuant to an Optional Tender, Beneficial Owners may elect to tender their VRDP Shares (in one or more sharesdenominations of $100,000 and integral multiples thereof) for purchase at the Purchase Price on the Purchase Date designated in the Notice of Tender (or if such day is not a Business Day, on the next succeeding Business Day) by an effective a proper delivery of a Notice of Tender to the Tender and Paying Agent. Each Notice of Tender will be irrevocable (except as described below) and effective upon receipt by the Tender and Paying Agent and shall:

Appears in 3 contracts

Samples: Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.)

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Method of Purchasing. (a) Pursuant to an Optional Tender, Beneficial Owners may elect to tender their VRDP Shares (in one or more whole shares) for purchase at the Purchase Price on the Purchase Date designated in the Notice of Tender (or if such day is not a Business Day, on the next succeeding Business Day) by an effective delivery of a Notice of Tender to the Tender and Paying Agent. Each Notice of Tender will be irrevocable (except as described below) and effective upon receipt by the Tender and Paying Agent and shall:

Appears in 2 contracts

Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust)

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