Common use of Description of Common Shares Clause in Contracts

Description of Common Shares. The Common Shares conform to all statements relating thereto contained in the prospectus and such description conforms to the rights set forth in the instruments defining the same; no holder of the Common Shares will be subject to personal liability by reason of being such a holder; and the issuance of the Common Shares is not subject to the preemptive or other similar rights of any securityholder of the Trust.

Appears in 3 contracts

Samples: Offering Participation Agreement (Ing Clarion Global Real Estate Income Fund), Offering Participation Agreement (Ing Clarion Global Real Estate Income Fund), Offering Participation Agreement (Ing Clarion Real Estate Income Fund)

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Description of Common Shares. The Common Shares conform in all material respects to all statements relating thereto contained in the prospectus and such description conforms in all material respects to the rights set forth in the instruments defining the same; no holder of the Common Shares will be subject to personal liability by reason of being such a holder; and the issuance of the Common Shares is not subject to the preemptive or other similar rights of any securityholder of the TrustFund.

Appears in 2 contracts

Samples: Underwriter Participation Agreement (Flaherty & Crumrine/Claymore Total Return Fund Inc), Underwriter Participation Agreement (Flaherty & Crumrine/Claymore Total Return Fund Inc)

Description of Common Shares. The Common Shares conform in all material respects to all statements relating thereto contained in the prospectus Prospectus and such description conforms in all material respects to the rights set forth in the instruments defining the same; no holder of the Common Shares will be subject to personal liability by reason of being such a holder; and the issuance of the Common Shares is not subject to the preemptive or other similar rights of any securityholder of the TrustFund.

Appears in 1 contract

Samples: Underwriter Participation Agreement (Mbia Capital Claymore Man Dur Inv GRD Muni Fund)

Description of Common Shares. The Common Shares conform to all statements relating thereto contained in the prospectus and such description conforms to the rights set forth in the instruments defining the same; no holder of the Common Shares will be subject to personal liability by reason of being such a holder; and the issuance of the Common Shares is not subject to the preemptive or other similar rights of any securityholder of the TrustFund.

Appears in 1 contract

Samples: Underwriter Participation Agreement (Advent Claymore Convertible Securities & Income Fund)

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Description of Common Shares. The In all material respects, the Common Shares conform to all statements relating thereto contained in the prospectus Prospectus and such description conforms to the rights set forth in the instruments defining the same, to the extent such rights are set forth; no holder of the Common Shares will be subject to personal liability by reason of being such a holder; holder (except as described in the Registration Statement) and the issuance of the Common Shares is not subject to the preemptive or other similar rights (if any) of any securityholder of the TrustFund.

Appears in 1 contract

Samples: Underwriter Participation Agreement (Western Asset Claymore Us Treasury Inflation Pro Secu Fund)

Description of Common Shares. The Common Shares conform to all statements relating thereto contained in the prospectus and such description conforms to the rights set forth in the instruments defining the same; no . No holder of the Common Shares will be subject to personal liability by reason of being such a holder; holder and the issuance of the Common Shares is not subject to the preemptive or other similar rights of any securityholder of the TrustFund.

Appears in 1 contract

Samples: Underwriter Participation Agreement (Lehman Brothers First Trust Income Opportunity Fund)

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