Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from ▇▇▇▇▇'▇ (if ▇▇▇▇▇'▇ is then rating the Preferred Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ and Fitch to the Preferred Shares.
Appears in 6 contracts
Sources: Bylaws (RMR Dividend Capture Fund), Bylaws (RMR Dividend Capture Fund), Bylaws (RMR Real Estate Income Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from ▇▇▇▇▇'▇ (if ▇▇▇▇▇'▇ is then rating the Preferred Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ Moody's and Fitch to the Preferred Shares.
Appears in 3 contracts
Sources: Bylaws (RMR Preferred Dividend Fund), Bylaws (RMR Real Estate Fund), Bylaws (RMR Real Estate Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then ratin▇ ▇▇▇ ▇referred S▇▇▇▇▇'▇ (if ▇▇▇▇▇'▇ is then rating the Preferred Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ Moody's and Fitch to the Preferred Shares.
Appears in 2 contracts
Sources: Bylaws (RMR Hospitality & Real Estate Fund), Bylaws (RMR Hospitality & Real Estate Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then ▇▇▇▇▇'▇ (if the ▇▇▇▇▇'▇ is then rating the Preferred ▇▇ed Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by Moody's and Fitch to the Pr▇▇▇▇▇'▇▇ and Fitch to the Preferred Shares.
Appears in 2 contracts
Sources: Bylaws (RMR F.I.R.E. Fund), Bylaws (RMR F.I.R.E. Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then ▇▇▇▇▇'▇ (if the ▇▇▇▇▇'▇ is then rating the Preferred ▇▇ed Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ Moody's and Fitch to the Preferred Shares.
Appears in 1 contract
Sources: Bylaws (RMR F.I.R.E. Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from ▇▇▇▇▇'’▇ (if ▇▇▇▇▇'’▇ is then rating the Preferred Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'’▇ and Fitch to the Preferred Shares.
Appears in 1 contract
Sources: Bylaws (RMR Real Estate Income Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then ▇▇▇▇▇'▇ (if the P▇▇▇▇▇'▇ is then rating the Preferred ▇▇d Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ Moody's and Fitch to the Preferred Shares.
Appears in 1 contract
Sources: Bylaws (RMR Preferred Dividend Fund)
Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from ▇▇▇▇▇'▇ Moody's (if ▇▇▇▇▇'▇ Moody's is then rating the Preferred Shares) and Fitch (if Fitch ▇▇ ▇▇▇ch is then rating ▇▇▇▇ ▇ating the Preferred Shares) that such modification would not impair the ratings assigned by ▇▇▇▇▇'▇ Moody's and Fitch to the Preferred Shares.
Appears in 1 contract
Sources: Bylaws (RMR Real Estate Fund)