Common use of AUTHORIZATION AND ISSUANCE OF SHARES Clause in Contracts

AUTHORIZATION AND ISSUANCE OF SHARES. 1. The Customer shall deliver to the Bank a certified copy of the amendment to the Charter giving effect to such increase, decrease or change, on or before the effective date of any increase, decrease or other change in the total number of Shares authorized to be issued.

Appears in 10 contracts

Samples: Agreement (Muniyield Michigan Fund Inc), Agreement (Muniyield New York Insured Fund Inc), Agreement (Muniyield New Jersey Insured Fund Inc)

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AUTHORIZATION AND ISSUANCE OF SHARES. 1. The Customer shall deliver to the Bank a certified copy of the amendment to the Charter giving effect to such increase, decrease or change, on or before the effective date of any increase, decrease or other change in the the-total number of Shares authorized to be issued.

Appears in 1 contract

Samples: Agreement (Alliance All Market Advantage Fund Inc)

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