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/)
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/)
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.)