Common use of Investment Restrictions Clause in Contracts

Investment Restrictions. The following are fundamental investment restrictions of the Fund and may not be changed without the approval of the holders of a majority of the Fund's outstanding Common Shares and outstanding Preferred Shares, voting together as a single class, and a majority of the outstanding Preferred Shares, voting as a separate class (which for this purpose and under the 1940 Act means the lesser of (i) 67% of the shares of each class of shares represented at a meeting at which more than 50% of the outstanding shares of each class of shares are represented or (ii) more than 50% of the outstanding shares of each class of shares). The Fund may not:

Appears in 8 contracts

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

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Investment Restrictions. The following are fundamental investment restrictions of the Fund and may not be changed without the approval of the holders of a majority of the Fund's outstanding Common Shares and outstanding Preferred Shares, voting together as a single class, and a majority of the outstanding Preferred Shares, voting as a separate class (which for this purpose and under the 1940 Act means the lesser of (i) 67% of the shares of each class of shares capital stock represented at a meeting at which more than 50% of the outstanding shares of each class of shares capital stock are represented or (ii) more than 50% of the outstanding shares of each class of sharescapital stock). The Fund may not:

Appears in 2 contracts

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

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Investment Restrictions. The following are fundamental investment restrictions of the Fund and may not be changed without the approval of the holders of a majority of the Fund's ’s outstanding Common Shares and outstanding Preferred Shares, voting together as a single class, and a majority of the outstanding Preferred Shares, voting as a separate class (which for this purpose and under the 1940 Act means the lesser of (i) 67% of the shares of each class of shares represented at a meeting at which more than 50% of the outstanding shares of each class of shares are represented or (ii) more than 50% of the outstanding shares of each class of shares). The Fund may not:

Appears in 1 contract

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

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