Statement of Preferences definition

Statement of Preferences means the Issuer's Statement of Preferences of Variable Rate Demand Preferred Shares, dated as of March 31, 2021, as amended from time to time in accordance with the provisions thereof.

Statement of Preferences means the Statement of Preferences of Variable Rate Demand Preferred Shares with respect to the Fund as amended from time to time in accordance with the provisions thereof.

Statement of Preferences means any statement of preferences setting forth the rights and other terms of any Preferred Interests issued by the Company.

Examples of Statement of Preferences in a sentence

• The Liquidity Provider agrees, commencing on the Effective Date of this Agreement, to purchase at the Purchase Price any Outstanding VRDP Shares that are properly tendered in accordance with the Statement of Preferences and this Agreement, including, without limitation to any other provision of this Agreement, on the Purchase Date for a Mandatory Tender in connection with the Fund obtaining an Alternate VRDP Shares Purchase Agreement and the Purchase Date for a Mandatory Purchase Event.

• Any notice given in respect of a Mandatory Tender under the Statement of Preferences shall be conclusively presumed to have been duly given, whether or not the Holders receive such notice.

• No expiration or termination of this Agreement shall be effective, so long as VRDP Shares are Outstanding, until the completion of a Mandatory Purchase in respect thereof, if then required under the Statement of Preferences including the purchase by the Liquidity Provider of any VRDP Shares required to be purchased by it as a result thereof pursuant to this Agreement.

• Pursuant to the Statement of Preferences, the Fund has agreed in the Fee Agreement to use its best efforts to engage at all times a Remarketing Agent that is a nationally recognized securities dealer with experience in remarketing variable-rate securities whose appointment has been consented to in writing by the Liquidity Provider (which consent shall not be unreasonably withheld) to use its best efforts to find purchasers for all VRDP Shares properly tendered pursuant to a Tender.

• Any notice given in respect of a Mandatory Purchase under the Statement of Preferences shall be conclusively presumed to have been duly given, whether or not the Holders receive such notice.

More Definitions of Statement of Preferences

Statement of Preferences means this Statement of Preferences of the VRDP Shares.

Statement of Preferences means the Fund's Statement Establishing and Fixing the Rights and Preferences of the Variable Rate MuniFund Term Preferred Shares, as amended from time to time in accordance with the provisions thereof. Each capitalized term used herein and not otherwise defined herein shall have the meaning provided therefor (including by incorporation by reference) in the Statement of Preferences.

Statement of Preferences means the Statement of Preferences of Auction Market Preferred Shares dated October , 2006 specifying the powers, preferences and rights of the AMPS, attached as Appendix A to the Statement of Additional Information relating to the AMPS dated October , 2006.

Statement of Preferences means this Statement of Preferences of XAI Octagon Floating Rate & Alternative Income Term Trust, as it may be amended from time to time in accordance with its terms.

Statement of Preferences means the Statement of Preferences of Money Market Cumulative Preferred Shares of Special Value Opportunities Fund, LLC, dated July 12, 2004, as amended, modified or supplemented from time to time in accordance with its terms.

Statement of Preferences means the Statement of Preferences of Variable Rate Demand Preferred Shares with respect to the Fund and as amended from time to time in accordance with the provisions thereof.

Statement of Preferences means the Statement of Preferences for Preferred Shares of the Fund dated as of [ ], 2003 specifying the powers, preferences and rights of the AMPS.