Series W-7 VRDP Shares definition
Series W-7 VRDP Shares has the meaning set forth in the preamble to this Agreement.
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);
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);