Common use of Appointment of Initial MRP Shares Directors Clause in Contracts

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tortoise MLP Fund, Inc.), Tortoise Pipeline & Energy Fund, Inc.

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Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx and Xxxxxx X. Xxxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend intends to nominate each such a director for re-election by the holders of the Preferred Stock of the Company (including the MRP Shares Shares) pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Securities Purchase Agreement

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx Xxxx, Xx. and Xxxxxx X. Good are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Kayne Anderson MLP Investment CO), Agency Agreement (Kayne Anderson MLP Investment CO)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx Xxxx, Xx. and Xxxxxx X. Good are currently directors of the Company elected by the holders of the Xxxxx Xxxxxxxx MLP Investment Company Securities Purchase Agreement Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Kayne Anderson MLP Investment CO), Agency Agreement (Kayne Anderson MLP Investment CO)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx X. Good and Xxxxxxx X. Xxxxx Xxxx, Xx. are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kayne Anderson MLP Investment CO)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx Cxxxxxx X. Xxxxx and H. Kxxxx Xxxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tortoise MLP Fund, Inc.)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx Xxxxxxxx Xxxxxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tortoise Midstream Energy Fund, Inc.)

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Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx X. Xxxxx and Xxxxxxx X. Xxxxx Xxxx, Xx. are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Securities Exchange Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend to nominate each such director for re-election re‑election by the holders of the MRP Shares pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Credit Agreement (Tortoise MLP Fund, Inc.)

Appointment of Initial MRP Shares Directors. The Company and each of the Purchasers acknowledge and agree that, as of the date hereof, each of H. Xxxxx Xxxxxx and Xxxxxxx X. Xxxxx and Xxxxxx X. Xxxxxx are currently directors of the Company elected by the holders of the Preferred Stock of the Company and the Board of Directors of the Company intend intends to nominate each such a director for re-election by the holders of the Preferred Stock of the Company (including the MRP Shares Xxxxxx) pursuant to Section 4(a) of the Articles Supplementary upon the expiration of such director’s current term.

Appears in 1 contract

Samples: Securities Purchase Agreement

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