Common use of Subchapter M Clause in Contracts

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 26 contracts

Sources: Underwriting Agreement (Guggenheim Build America Bonds Managed Duration Trust), Purchase Agreement (Reaves Utility Income Fund), Purchase Agreement (Clough Global Equity Fund)

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 12 contracts

Sources: Underwriting Agreement (BlackRock ESG Capital Allocation Trust), Underwriting Agreement (BlackRock Capital Allocation Trust), Distribution Agreement (BlackRock Multi-Sector Opportunities Trust)

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify as of the date of this Agreement qualifies as a regulated investment company under Subchapter M of the Code.

Appears in 6 contracts

Sources: Purchase Agreement (Pioneer High Income Trust), Purchase Agreement (Pioneer Tax Advantaged Balanced Trust), Purchase Agreement (Pioneer High Income Trust)

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify and, as of the date of this Agreement, qualifies as a regulated investment company under Subchapter M of the Code.

Appears in 3 contracts

Sources: Purchase Agreement (Blackrock Municipal Income Trust Ii), Purchase Agreement (Blackrock New York Municipal Income Trust Ii), Purchase Agreement (Blackrock California Municipal Income Trust Ii)

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Statutory Prospectus, the Registration Statement and the Prospectus in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Sources: Underwriting Agreement (BlackRock Resources & Commodities Strategy Trust)

Subchapter M. The Trust intends to direct the investment of the net proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends to qualify and, as of the date of this Agreement, qualifies as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Sources: Purchase Agreement (Blackrock Preferred Opportunity Trust)

Subchapter M. The Trust intends to direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("‘‘Subchapter M of the Code" ’’ and the "‘‘Code," ’’ respectively), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Sources: Purchase Agreement (BlackRock Preferred & Equity Advantage Trust)

Subchapter M. The Trust intends to will direct the investment of the proceeds of the offering described in the Registration Statement and in the Prospectus in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code" and the "Code," respectively), and intends will use its best efforts to qualify maintain its qualification as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

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