Common use of Fund Insolvency Event Clause in Contracts

Fund Insolvency Event. The Liquidity Provider agrees to perform all of its obligations hereunder, including the obligation to purchase the VRDP Shares in accordance with Article II herein, notwithstanding a Fund Insolvency Event.

Appears in 25 contracts

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

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Fund Insolvency Event. The Liquidity Provider agrees to shall perform all of its obligations hereunder, including the obligation to purchase the VRDP Shares in accordance with Article II herein, notwithstanding a Fund Insolvency Event.

Appears in 2 contracts

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

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