Common use of Rating Clause in Contracts

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaa' by ▇▇▇▇▇'▇ and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ or by S&P.

Appears in 12 contracts

Sources: Purchase Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Select Utility Fund Inc)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '`Aaa' by ▇▇▇▇▇'▇ and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ or by S&P.

Appears in 4 contracts

Sources: Purchase Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Reit & Preferred Income Fund Inc)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by ▇▇▇▇▇'▇ and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ or by S&P.

Appears in 2 contracts

Sources: Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc), Purchase Agreement (Mbia Capital Claymore Man Dur Inv GRD Muni Fund)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by ▇▇▇▇▇'▇ Moody's and 'AAA' by S&P as of the Closing Date, and there shall not have no▇ ▇▇▇▇ been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ Moody's or by S&P.

Appears in 1 contract

Sources: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaa' by Moody's and '▇▇▇▇▇'▇ and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating by Moody's or ▇▇ ▇▇▇▇h accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ or by S&P..

Appears in 1 contract

Sources: Purchase Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '[[‘Aaa' ’] by ▇▇▇▇▇'▇ and '[‘AAA' ’] by S&P S&P] as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by [▇▇▇▇▇'▇ or by S&P.S&P].

Appears in 1 contract

Sources: Purchase Agreement (Cohen & Steers Select Utility Fund Inc)

Rating. The Fund shall have delivered and you the Representative shall have received evidence satisfactory to you the Representative that the AMPS are rated 'Aaa' by ▇▇▇▇▇'▇ and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ or by S&P.

Appears in 1 contract

Sources: Purchase Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by ▇▇▇▇▇'▇ Moody's and 'AAA' by S&P as of the Closing Date, and there shall not have been hav▇ ▇▇▇▇ given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by ▇▇▇▇▇'▇ Moody's or by S&P.

Appears in 1 contract

Sources: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '[‘Aaa' by ▇▇▇▇▇'▇ and 'AAA' by S&P S&P] as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by [▇▇▇▇▇'▇ or by S&P.S&P].

Appears in 1 contract

Sources: Purchase Agreement (Cohen & Steers Reit & Utility Income Fund Inc)