Common use of Consent Rights of the Majority Participants to Certain Actions Clause in Contracts

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 18 contracts

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn), Preferred Shares Purchase Agreement (Bank of America Corp /De/)

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Consent Rights of the Majority Participants to Certain Actions. For so long as none of the New VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 12 contracts

Samples: VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn), VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn), VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 10 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 9 contracts

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 7 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the New VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 7 contracts

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn), Purchase Agreement (Wells Fargo & Company/Mn)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 5 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 4 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Wells Fargo & Company/Mn)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the New VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

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Consent Rights of the Majority Participants to Certain Actions. For so long as none of the 2018 VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the 2018 VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the 2019 VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees Directors will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the 2019 VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

Consent Rights of the Majority Participants to Certain Actions. For so long as none of the VMTP Shares have been registered under the Securities Act, without the affirmative vote or consent of the Majority Participants, neither the Fund Issuer nor the Board of Trustees will take or authorize the taking of any of the actions set forth under clauses (a) through (e) of this Section 7.15:

Appears in 1 contract

Samples: VMTP Purchase Agreement (Bank of America Corp /De/)

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