Series W-7 VRDP Shares definition

Series W-7 VRDP Shares has the meaning set forth in the recitals to this Agreement.
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Series W-7 VRDP Shares has the meaning set forth in the preamble to this Agreement.
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Series W-7 VRDP Shares in connection with the refinancing of its Variable Rate Muni Term Preferred Shares (such Series W-7 VRDP Shares, the “Refinancing Shares”) and intends to issue an additional 2,746 Series W-7 VRDP Shares in connection with the reorganization of BlackRock MuniHoldings Investment Quality Fund into the Fund (the “Reorganization Shares”), pursuant to and with the preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption assigned to them in the Fund’s Articles Supplementary (as defined below);
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Examples of Series W-7 VRDP Shares in a sentence

  • The Series W-7 VRDP Shares shall constitute a separate series of preferred stock of the Corporation and each Series W-7 VRDP Share shall be identical.

  • The Deposit Securities included in the Liquidity Account for the Outstanding Series W-7 VRDP Shares may be applied by the Corporation, in its discretion, towards payment of the Redemption Price for the Outstanding Series W-7 VRDP Shares.

  • The Holders of the Series W-7 VRDP Shares have consented to these Articles Supplementary.

  • The Series W-7 VRDP Shares shall constitute a separate series of preferred shares of beneficial interest in the Trust and each Series W-7 VRDP Share shall be identical.

  • VRDP SharesMYD and MQY (for purposes of this section, a “VRDP Fund”) have issued Series W-7 VRDP Shares, $100,000 liquidation preference per share, in one or more privately negotiated offerings to qualified institutional buyers as defined pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

  • The Series W-7 VRDP Shares shall constitute a separate series of preferred shares of stock in the Corporation and each Series W-7 VRDP Share shall be identical.

  • All of the Series W-7 VRDP Shares are held in book-entry form through the Depository Trust Company (“DTC”), and such shares being redeemed will be redeemed in accordance with the procedures of DTC.

  • The Series W-7 VRDP Shares are to be redeemed pursuant to Part I, Section 10(a) of the Fund’s Articles Supplementary Establishing and Fixing the Rights and Preferences of Variable Rate Demand Preferred Shares (the “Articles”), a form of which was most recently filed with the Commission on July 12, 2022, as an exhibit to the Fund’s Form N-CEN.

  • The Fund intends to redeem 100% (221 shares) of its outstanding Series W-7 VRDP Shares.

  • Pursuant to Part I, Section 10(c) of the Statement, dividends on the Series W-7 VRDP Shares will cease to accumulate from and after the Redemption Date.


More Definitions of Series W-7 VRDP Shares

Series W-7 VRDP Shares in connection with the refinancing of its Variable Rate Muni Term Preferred Shares (such Series W-7 VRDP Shares, the “Refinancing Shares”) and intends to issue an additional 849 Series W-7 VRDP Shares in connection with the reorganization of each of each of BlackRock New York Municipal Income Trust II and BlackRock New York Municipal Income Quality Trust into the Fund (the “Reorganization Shares”), pursuant to and with the preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption assigned to them in the Fund’s Statement of Preferences (as defined below);
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Related to Series W-7 VRDP Shares

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series G Preferred Stock means shares of the Company’s Series G Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.