Common use of Good Standing of the Adviser Clause in Contracts

Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required.

Appears in 4 contracts

Samples: Purchase Agreement (Pioneer High Income Trust), Purchase Agreement (Pioneer High Income Trust), Purchase Agreement (Pioneer High Income Trust)

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Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation limited liability company under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation company to transact business and is in good standing in each other jurisdiction in which such qualification is required.

Appears in 2 contracts

Samples: Purchase Agreement (Evergreen Income Advantage Fund), Purchase Agreement (Evergreen Income Advantage Fund)

Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required.

Appears in 1 contract

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

Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation limited partnership under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except to the extent that failure to be so qualified and in good standing would not have a material adverse effect on the Adviser's ability to provide services to the Fund.

Appears in 1 contract

Samples: Purchase Agreement (Aew Real Estate Income Fund)

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Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation limited liability company under the laws of the State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and it is duly qualified as a foreign corporation limited liability company to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Nuveen Intermediate Duration Quality Municipal Term Fund)

Good Standing of the Adviser. The Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the State state of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have a material adverse effect.

Appears in 1 contract

Samples: Purchase Agreement (Nuveen Global Government Enhanced Income Fund)

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