Common use of Conditions to Purchase Option Shares Clause in Contracts

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers contained herein and the statements in any certificates furnished by the Fund and each of the Advisers hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative shall have received: (i) Officers’ Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e) hereof remains true and correct as of such Date of Delivery.

Appears in 8 contracts

Samples: Purchase Agreement (Dow 30 Premium & Dividend Income Fund Inc.), Purchase Agreement (Dow 30 Enhanced Premium & Income Fund Inc.), Purchase Agreement (Defined Strategy Fund, Inc.)

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Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Investment Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Investment Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Investment Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e) hereof remains true and correct as of such Date of Delivery.

Appears in 8 contracts

Samples: Purchase Agreement (Enhanced Equity Yield & Premium Fund, Inc.), Purchase Agreement (Diversified Income Strategies Portfolio, Inc.), Purchase Agreement (Enhanced Equity Yield Fund, Inc.)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their Underwriter exercises its option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Underwriter shall have received: (i) Officers' Certificates. Certificates, dated such Date of ---------------------- Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(d) hereof remains true and correct as of such Date of Delivery.

Appears in 7 contracts

Samples: Purchase Agreement (Muniholdings California Insured Fund Iv Inc), Purchase Agreement (Muniholdings New Jersey Insured Fund Iii Inc), Purchase Agreement (Muniholdings Michigan Insured Fund Inc)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their Underwriter exercises its option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Underwriter shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(d) hereof remains true and correct as of such Date of Delivery.

Appears in 5 contracts

Samples: Purchase Agreement (Income Opportunities Fund 2006 Inc), Purchase Agreement (Muniholdings New York Insured Fund Iv Inc), Purchase Agreement (Muniholdings California Insured Fund v Inc)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their Underwriter exercises its option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Underwriter shall have received: (i) Officers' Certificates. Certificates, dated such Date of ---------------------- Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e) hereof remains true and correct as of such Date of Delivery.

Appears in 3 contracts

Samples: Purchase Agreement (Muniholdings Michigan Insured Fund Ii Inc), Purchase Agreement (Muniholdings Pennsylvania Insured Fund), Purchase Agreement (Muniholdings Florida Insured Fund Iv)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Representatives shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(d) hereof remains true and correct as of such Date of Delivery.

Appears in 2 contracts

Samples: Purchase Agreement (Corporate High Yield Vi), Purchase Agreement (Preferred Income Strategies Fund Inc)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Investment Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Investment Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Investment Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(f) hereof remains true and correct as of such Date of Delivery.

Appears in 2 contracts

Samples: Purchase Agreement (Muni California Intermediate Duration Fund Inc), Purchase Agreement (Muni New York Intermediate Duration Fund Inc)

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Conditions to Purchase Option Shares. In the event that the Underwriters exercise their Underwriter exercises its option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Underwriter shall have received: (i) Officers’ Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(d) hereof remains true and correct as of such Date of Delivery.

Appears in 1 contract

Samples: Purchase Agreement (Corporate High Yield Fund Iv)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e) hereof remains true and correct as of such Date of Delivery.

Appears in 1 contract

Samples: Purchase Agreement (Preferred & Corporate Income Strategies Fund Inc)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e5(d) hereof remains true and correct as of such Date of Delivery.

Appears in 1 contract

Samples: Purchase Agreement (Preferred Income Strategies Fund Inc)

Conditions to Purchase Option Shares. In the event that the Underwriters exercise their Underwriter exercises its option provided in Section 2(b) hereof to purchase all or any portion of the Option Shares, the representations and warranties of the Fund and each of the Advisers Adviser contained herein and the statements in any certificates furnished by the Fund and each of the Advisers Adviser hereunder shall be true and correct as of each Date of Delivery and, at the relevant Date of Delivery, the Representative Underwriter shall have received: (i) Officers' Certificates. Certificates, dated such Date of Delivery, of the President or a Vice President of the Fund and of the President or a Vice President of each of the Advisers Adviser confirming that the respective certificates delivered at the Closing Time pursuant to Section 5(e) hereof remains true and correct as of such Date of Delivery.

Appears in 1 contract

Samples: Purchase Agreement (Muniholdings Florida Insured Fund V)

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