## Examples of *Effective Leverage Ratio* in a sentence

As of the Closing Date, the Fund is in compliance with the

**Effective Leverage Ratio**and the Minimum Asset Coverage as required by the Statement of Preferences.As of the Closing Date, the Fund is in compliance with the

**Effective Leverage Ratio**and the Minimum Asset Coverage as required by the Articles Supplementary.If required based on such calculations, the Fund shall restore the

**Effective Leverage Ratio**as provided in Section 2.3(c)(ii) of the Supplement.For purposes of calculating the

**Effective Leverage Ratio**for purposes of the representation contained in the second preceding paragraph, any Overconcentration Amount has been subtracted from the sum determined pursuant to sub-section (ii) of the definition of**Effective Leverage Ratio**, set out in Section 2.3(d) of the Supplement.In connection with calculating the

**Effective Leverage Ratio**, the Fund’s total assets and accrued liabilities shall reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.