Absence of Violation or Default. Each Adviser is not in violation of its certificate of incorporation, by-laws or other organizational documents or in default under any agreement, indenture or instrument except for such violations or defaults that would not result in a material adverse effect on the respective Adviser or a Trust Material Adverse Effect on the Trust.
Appears in 2 contracts
Samples: Management Agreement (Blackrock Limited Duration Income Trust), Form of Purchase Agreement (Blackrock Strategic Dividend Achievers Trust)
Absence of Violation or Default. Each Adviser None of the Advisers is not in violation of its certificate of incorporation, by-laws or other organizational documents or nor in default under any agreement, indenture or instrument except for such violations or defaults that would not result in a material adverse effect on the respective Adviser or a Trust Material Adverse Effect on the Trust.
Appears in 2 contracts
Samples: Purchase Agreement (BlackRock Preferred & Equity Advantage Trust), BlackRock Preferred & Equity Advantage Trust
Absence of Violation or Default. Each Neither Adviser is not in violation of its certificate of incorporation, by-laws or other organizational documents or nor in default under any agreement, indenture or instrument except for such violations or defaults that would not result in a material adverse effect on the respective Adviser or a Trust Material Adverse Effect on the Trust.
Appears in 2 contracts
Samples: Purchase Agreement (BlackRock Enhanced Dividend Achievers Trust), Purchase Agreement (BlackRock Enhanced Dividend Achievers Trust)
Absence of Violation or Default. Each Neither Adviser is not in violation of (i) its certificate of formation or certificate of incorporation, as the case may be, (ii) its limited liability company agreement or by-laws or other organizational documents or documents, as the case may be, nor in default under any agreement, indenture or instrument except for such violations or defaults that would not result in reasonably be expected to have a material adverse effect on the ability of respective Adviser to perform its obligations under, as applicable, the Management Agreement, the Sub-Advisory Agreement or a Trust Material Adverse Effect on the TrustFee Agreements.
Appears in 1 contract
Samples: Underwriting Agreement (BlackRock Resources & Commodities Strategy Trust)
Absence of Violation or Default. Each Neither Adviser is not in violation of its certificate of incorporationformation, by-laws its operating agreement or other organizational documents or in default under any agreement, indenture or instrument except for instrument, where such violations violation or defaults that default would not result in reasonably be expected to have a material adverse effect on either Adviser's ability to function as an investment adviser or perform its obligations under the respective Adviser Management Agreement or a Trust Material Adverse Effect on the TrustPortfolio Management Agreement, as applicable.
Appears in 1 contract
Samples: Auction Agency Agreement (Pimco Corporate Opportunity Fund)
Absence of Violation or Default. Each Neither Adviser is not in violation of its certificate of incorporationformation, limited liability company agreement, by-laws or other organizational documents or nor in default under any agreement, indenture or instrument except for such violations or defaults that would not result in reasonably be expected to have a material adverse effect on the ability of the respective Adviser to perform its obligations under, as applicable, the Management Agreement, the Sub-Advisory Agreement or a Trust Material Adverse Effect on the TrustAdditional Compensation Agreements.
Appears in 1 contract
Samples: Management Agreement (BlackRock Defined Opportunity Credit Trust)
Absence of Violation or Default. Each Adviser is not in violation of its certificate of incorporation, by-laws or other organizational documents or in default under any agreement, indenture or instrument except for such violations or defaults that would not result in a material adverse effect on the respective Adviser or a Trust Material Adverse Effect on the Trust.
Appears in 1 contract
Absence of Violation or Default. Each Neither Adviser is not in violation of its certificate of incorporationformation, limited liability company agreement, by-laws or other organizational documents or nor in default under any agreement, indenture or instrument except for such violations or defaults that would not result in a material adverse effect on the respective Adviser or a Trust Material Adverse Effect on the Trust.
Appears in 1 contract
Samples: Purchase Agreement (BlackRock Global Equity Income Trust)