Common use of Special Redemption Provisions Clause in Contracts

Special Redemption Provisions. During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of the Articles Supplementary only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Articles Supplementary.

Appears in 4 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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Special Redemption Provisions. During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of Part I of the Articles Supplementary Statement only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Articles SupplementaryStatement.

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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Special Redemption Provisions. During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of the Articles Supplementary Certificate of Designation only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Articles SupplementaryCertificate of Designation.

Appears in 1 contract

Samples: Tender and Paying Agent Agreement (Blackrock Muniyield Pennsylvania Quality Fund)

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