Common use of Disposition of VRDP Shares Clause in Contracts

Disposition of VRDP Shares. (a) BANA shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III and the terms of the Current Notice of Special Rate Period.

Appears in 6 contracts

Samples: Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)

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Disposition of VRDP Shares. (a) BANA shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III Amendment and the terms of the Current Notice of Special Rate Period.

Appears in 6 contracts

Samples: VRDP Shares Purchase Agreement (Blackrock Muniholdings New Jersey Quality Fund, Inc.), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)

Disposition of VRDP Shares. (a) BANA TD shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of (including, for the avoidance of doubt, through repurchase agreements and collateral pledge arrangements) any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III and the terms of the Current Notice of Special Rate Period.

Appears in 5 contracts

Samples: VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.)

Disposition of VRDP Shares. (a) BANA shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III II and the terms of the Current Notice of Special Rate Period.

Appears in 4 contracts

Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)

Disposition of VRDP Shares. (a) BANA Citibank shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III Amendment and the terms of the Current Notice of Special Rate Period.

Appears in 4 contracts

Samples: Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.)

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Disposition of VRDP Shares. (a) BANA Barclays shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the Fund, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III Amendment and the terms of the Current Notice of Special Rate Period.

Appears in 2 contracts

Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust)

Disposition of VRDP Shares. (a) BANA shall not, and shall cause its Affiliates not to, sell, transfer or otherwise dispose of any or all of the VRDP Shares owned (legally or beneficially) by it during the Current Special Rate Period without the prior consent of the FundTrust, unless any such sale, transfer or disposition is made in accordance with Section 3.02(b) of this Schedule III Amendment and the terms of the Current Notice of Special Rate Period.

Appears in 1 contract

Samples: Shares Fee Agreement (Bank of America Corp /De/)

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