ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday that is a Business Day, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at the end of the immediately preceding Rate Period and ending on the first Thursday that is followed by a Friday that is a Business Day preceding what would otherwise be such last day, in the case of Series TH Municipal Preferred.
Appears in 5 contracts
Samples: By Laws (Colonial California Insured Municipal Fund), By Laws (Colonial Insured Municipal Fund), By Laws (Colonial California Insured Municipal Fund)
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday Wednesday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday Tuesday that is followed by a Friday Wednesday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 3 contracts
Samples: Bylaws (RMR Real Estate Fund), Bylaws (RMR Real Estate Fund), Bylaws (RMR Real Estate Fund)
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday Thursday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday Wednesday that is followed by a Friday Thursday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 2 contracts
Samples: Bylaws (RMR F.I.R.E. Fund), Bylaws (RMR F.I.R.E. Fund)
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday Tuesday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday Monday that is followed by a Friday Tuesday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 2 contracts
Samples: Bylaws (RMR Preferred Dividend Fund), Bylaws (RMR Preferred Dividend Fund)
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday Monday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday Friday that is followed by a Friday Monday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 1 contract
Samples: Bylaws (RMR Dividend Capture Fund)
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday that is followed by a Friday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 1 contract
ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD. In the event the Trust wishes to designate a Subsequent Rate Period as a Special Rate Period, but the day following what would otherwise be the last day of such Special Rate Period is not a Friday that is a Business DayDay in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing at on the first day following the end of the immediately preceding Rate Period and ending on the first Thursday that is followed by a Friday that is a Business Day preceding what would otherwise be such last day, day in the case of Series TH Municipal Preferredthe Series.
Appears in 1 contract
Samples: Bylaws (RMR Dividend Capture Fund)
