Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 of the Statement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 14 contracts
Samples: Shares Transition Agreement (Bank of America Corp /De/), Shares Transition Agreement (Wells Fargo & Company/Mn), Shares Purchase Agreement (Deutsche Bank Ag\)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 of the Statement. In connection with calculating the Effective Leverage Ratio, the Fund’s 's total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s 's valuation policies.
Appears in 10 contracts
Samples: Preferred Shares Purchase Agreement (Bank of America Corp /De/), Preferred Shares Purchase Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.5 of the Statement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 4 contracts
Samples: VMTP Exchange Agreement (Bank of America Corp /De/), VMTP Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Minimum VRM Asset Coverage as required by Section 2.4 of the StatementCoverage. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 4 contracts
Samples: Purchase Agreement (Toronto Dominion Investments, Inc.), Purchase Agreement (Bank of America Corp /De/), Purchase Agreement (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.3 of the StatementVariable Rate Mode Supplement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 3 contracts
Samples: Initial Series a Munifund Preferred Shares (Toronto Dominion Investments, Inc.), Purchase Agreement (Bank of America Corp /De/), Initial Series a Munifund (Toronto Dominion Investments, Inc.)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.3 of the StatementNotice. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 3 contracts
Samples: Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.), Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.), Remarketing Purchase Agreement (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.3 of the StatementVariable Rate Mode Supplement. In connection with calculating the Effective Leverage Ratio, the Fund’s 's total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s 's valuation policies.
Appears in 1 contract
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.3 of the StatementNotice. In connection with calculating the Effective Leverage Ratio, the Fund’s 's total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s 's valuation policies.
Appears in 1 contract
Samples: Period Purchase Agreement (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.2 of the StatementSupplement. In connection with calculating the Effective Leverage Ratio, the Fund’s 's total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s 's valuation policies.
Appears in 1 contract
Samples: Series a Munifund Preferred Shares (Bank of America Corp /De/)
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 of the StatementArticles. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 1 contract
Effective Leverage Ratio; Asset Coverage. As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.4 2.2 of the StatementSupplement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.
Appears in 1 contract
Samples: Mfp) Purchase Agreement (Toronto Dominion Investments, Inc.)
