Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 20 contracts
Sources: Purchase Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc)
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 2 contracts
Sources: Purchase Agreement (Flaherty & Crumrine/Claymore Total Return Fund Inc), Purchase Agreement (Evergreen Managed Income Fund)
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the CharterArticles Supplementary) each will be met.
Appears in 1 contract
Asset Coverage. As of the Closing Date Time and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Share Asset Coverage and the Preferred Shares Share Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 1 contract
Sources: Purchase Agreement (Cohen & Steers Global Income Builder, Inc)
Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the Charter[ ]) each will be met.
Appears in 1 contract
Sources: Purchase Agreement (Mbia Capital Claymore Man Dur Inv GRD Muni Fund)
Asset Coverage. As of the Closing Date and assuming ▇▇▇ ▇▇▇uming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Asset Coverage and the Preferred Shares Basic Maintenance Amount (each as defined in the CharterAmendment No. 1) each will be met.
Appears in 1 contract
Sources: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)
Asset Coverage. As of the Closing Date and assuming the receipt of the net proceeds from the sale of the AMPS, the 1940 Act Preferred Shares Share Asset Coverage and the Preferred Shares Share Basic Maintenance Amount (each as defined in the Charter) each will be met.
Appears in 1 contract
Sources: Purchase Agreement (Cohen & Steers Select Utility Fund Inc)