Common use of Good Standing of the Fund Clause in Contracts

Good Standing of the Fund. The Fund has been duly organized and is validly existing and in good standing as a business trust under the laws of the Commonwealth of Massachusetts and has full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus and Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify does not have a Material Adverse Effect on the Fund.

Appears in 43 contracts

Samples: Underwriting Agreement (Nuveen California Amt-Free Municipal Income Fund), Underwriting Agreement (Nuveen California Dividend Advantage Municipal Fund 3), Underwriting Agreement (Nuveen California Dividend Advantage Municipal Fund 3)

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Good Standing of the Fund. The Fund has been duly organized and is validly existing and in good standing as a business trust in good standing under the laws of the Commonwealth of Massachusetts and has full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus and Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify does not have a Material Adverse Effect on the Fund.

Appears in 9 contracts

Samples: Underwriting Agreement (Nuveen Intermediate Duration Quality Municipal Term Fund), Underwriting Agreement (Nuveen Build America Bond Fund), Underwriting Agreement (Nuveen Build America Bond Fund)

Good Standing of the Fund. The Fund has been duly organized and is validly existing and in good standing as a business trust under the laws of the Commonwealth of Massachusetts and has full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus the Time of Sale Prospectus and the Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify does not would not, singly or in the aggregate, have a Material Adverse Effect on the Fund.

Appears in 7 contracts

Samples: Underwriting Agreement (Nuveen AMT-Free Municipal Credit Income Fund), Underwriting Agreement (Nuveen AMT-Free Municipal Credit Income Fund), Underwriting Agreement (Nuveen AMT-Free Quality Municipal Income Fund)

Good Standing of the Fund. The Fund has been duly organized and is validly existing and in good standing as a business trust under the laws of the Commonwealth of Massachusetts and has full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus prospectus, the Time of Sale Prospectus and the Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify does not would not, singly or in the aggregate, have a Material Adverse Effect on the Fund.

Appears in 4 contracts

Samples: Underwriting Agreement (Nuveen Floating Rate Income Opportunity Fund), Underwriting Agreement (Nuveen Floating Rate Income Fund), Underwriting Agreement (Nuveen Senior Income Fund)

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing and in good standing as a business trust under the laws of the The Commonwealth of Massachusetts and has Massachusetts, with full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus the Preliminary Prospectus and Prospectus the Prospectus, and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact do business and is in good standing in under the laws of each other jurisdiction in which such qualification is requiredits ownership, whether by reason of the ownership leasing or leasing operation of property or the conduct its conducting of businessbusiness requires such qualification, except where the failure to be so qualify qualified or be in good standing does not have a Fund Material Adverse Effect on the FundEffect.

Appears in 4 contracts

Samples: Underwriting Agreement (Nuveen Energy MLP Total Return Fund), Underwriting Agreement (Nuveen Energy MLP Total Return Fund), Underwriting Agreement (Nuveen Mortgage Opportunity Term Fund)

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Good Standing of the Fund. The Fund has been duly organized formed and is validly existing and in good standing as a business trust under the laws of the Commonwealth of Massachusetts and has the full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing in under the laws of each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of businessrequires qualification, except where to the extent that the failure to so qualify does be qualified or in good standing could not reasonably be expected to have a Fund Material Adverse Effect on the FundEffect.

Appears in 1 contract

Samples: Underwriting Agreement (First Trust Dynamic Europe Equity Income Fund)

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing and in good standing as a business trust under the laws of the The Commonwealth of Massachusetts and has Massachusetts, with full power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, each preliminary prospectus the Preliminary Prospectus and Prospectus the Prospectus, and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact do business and is in good standing in under the laws of each other jurisdiction in which such qualification is requiredits ownership, whether by reason of the ownership leasing or leasing operation of property or the conduct its conducting of businessbusiness requires such qualification, except where the failure to be so qualify qualified or be in good standing does not have a Fund Material Adverse Effect on the FundEffect.

Appears in 1 contract

Samples: Underwriting Agreement (Nuveen Preferred & Income 2022 Term Fund)

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