Common use of ADJUSTMENT OF LENGTH OF SPECIAL RATE PERIOD Clause in Contracts

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 _________ that is a Business Day in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing on the first day following the end of the immediately preceding Rate Period and ending on the first ________ that is followed by a _________ that is a Business Day preceding what would otherwise be such last day in the case of the Series.

Appears in 2 contracts

Samples: Bylaws (RMR Hospitality & Real Estate Fund), Bylaws (RMR Hospitality & Real Estate Fund)

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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 _________ that is a Business Day in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing on the first day following the end of the immediately preceding Rate Period and ending on the first __________ that is followed by a _________ that is a Business Day preceding what would otherwise be such last day in the case of the Series.

Appears in 1 contract

Samples: 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 _________ that is a Business Day in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing on the first day following the end of the immediately preceding Rate Period and ending on the first ________ that is followed by a _________ that is a Business Day preceding what would otherwise be such last day in the case of the Series.

Appears in 1 contract

Samples: Bylaws (RMR F.I.R.E. Fund)

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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 _________ that is a Business Day in case of the Series, then the Trust shall designate such Subsequent Rate Period as a Special Rate Period consisting of the period commencing on the first day following the end of the immediately preceding Rate Period and ending on the first ________ that is followed by a _________ that is a Business Day preceding what would otherwise be such last day in the case of the Series.

Appears in 1 contract

Samples: Bylaws (RMR Hospitality & Real Estate Fund)

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