Common use of Additional Stock Clause in Contracts

Additional Stock. The Fund will be issuing a new series of Cumulative Preferred Stock on ________ __, 2003. Section 1.01 of the Agreement is hereby deleted in its entirety and the new Section 1.01 below is inserted in its place. 1.01 Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints the Bank to act as, and the Bank agrees to act as registrar, transfer agent, dividend paying agent and agent in connection with the payment of any redemption or liquidation proceeds for the Fund's authorized and issued shares of its Cumulative Preferred Stock, including its 7.75% Cumulative Preferred Stock and its ____% Cumulative Preferred Stock ("Shares"), as set out in the prospectuses of the Fund offering the sale of the Shares.

Appears in 1 contract

Sources: Registrar, Transfer Agency and Paying Agency Agreement (Royce Micro Cap Trust Inc /Md/)

Additional Stock. The Fund will be issuing a new series of Cumulative Preferred Stock on ________ __, 2003. Section 1.01 of the Agreement is hereby deleted in its entirety and the new Section 1.01 below is inserted in its place. 1.01 Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints the Bank to act as, and the Bank agrees to act as registrar, transfer agent, dividend paying agent and agent in connection with the payment of any redemption or liquidation proceeds for the Fund's authorized and issued shares of its Cumulative Preferred Stock, including its 7.757.45% Cumulative Preferred Stock and its ____% Cumulative Preferred Stock ("Shares"), as set out in the prospectuses of the Fund offering the sale of the Shares.

Appears in 1 contract

Sources: Registrar, Transfer Agency and Paying Agency Agreement (Royce Focus Trust Inc)

Additional Stock. The Fund will be issuing a new series of Cumulative Preferred Stock on ________ __May 22, 20031998. Section 1.01 of the Agreement is hereby deleted in its entirety and the new Section 1.01 below is inserted in its place. 1.01 Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints the Bank to act as, and the Bank agrees to act as registrar, transfer agent, dividend paying agent and agent in connection with the payment of any redemption or liquidation proceeds for the Fund's authorized and issued shares of its Cumulative Preferred Stock, including its 7.757.80% Cumulative Preferred Stock and its ____7.30 % Tax-Advantaged Cumulative Preferred Stock ("Shares"), as set out in the prospectuses of the Fund offering the sale of the Shares.

Appears in 1 contract

Sources: Registrar, Transfer Agency and Paying Agency Agreement (Royce Value Trust Inc)

Additional Stock. The Fund will be issuing a new series of Cumulative Preferred Stock on ________ __, 2003. Section 1.01 of the Agreement is hereby deleted in its entirety and the new Section 1.01 below is inserted in its place. 1.01 Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints the Bank to act as, and the Bank agrees to act as registrar, transfer agent, dividend paying agent and agent in connection with the payment of any redemption or liquidation proceeds for the Fund's authorized and issued shares of its Cumulative Preferred Stock, including its 7.757.80% Cumulative Preferred Stock, its 7.30% Tax-Advantaged Cumulative Preferred Stock and its ____% Cumulative Preferred Stock ("Shares"), as set out in the prospectuses of the Fund offering the sale of the Shares.

Appears in 1 contract

Sources: Registrar, Transfer Agency and Paying Agency Agreement (Royce Value Trust Inc)