Common use of Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts Clause in Contracts

Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depository, any of the Depository’s Agents or the Fund may require payment to it of a sum sufficient for the payment (or, in the event that the Depository or the Fund shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Sections 3.2 and 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature, including a Signature Guarantee, and may also require compliance with such regulations, if any, as the Depository or the Fund may establish consistent with the provisions of this Agreement and applicable law. The deposit of MuniFund Term Preferred Shares may be refused, the delivery of Receipts against MuniFund Term Preferred Shares may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Fund is closed or (ii) if any such action is deemed necessary or advisable by the Depository, any of the Depository’s Agents or the Fund at any time or from time to time because of any requirement of law or of any government or governmental body or commission or under any provision of this Agreement.

Appears in 2 contracts

Samples: Deposit Agreement (Nuveen Arizona Premium Income Municipal Fund Inc), Deposit Agreement (Nuveen Select Quality Municipal Fund Inc)

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Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the DepositoryDepositary, any of the DepositoryDepositary’s Agents or the Fund Bank may require payment to it of a sum sufficient for the payment (or, in the event that the Depository Depositary, or Computershare, as applicable, or the Fund Bank shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Sections 3.2 and Section 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature, including a Signature Guarantee, and may also require compliance with such regulations, if any, as the Depository Depositary or the Fund Bank may establish consistent with the provisions of this Deposit Agreement and and/or applicable law. The deposit of MuniFund Term the Preferred Shares Series C-2 may be refused, the delivery of Receipts against MuniFund Term Preferred Shares Series C-2 may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Fund Bank is closed or (ii) if any such action is deemed necessary or advisable by the DepositoryDepositary, any of the DepositoryDepositary’s Agents or the Fund Bank at any time or from time to time because of any requirement of law or of any government or governmental body or commission or under any provision of this Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Royal Bank of Canada)

Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depository, any of the Depository’s Agents or the Fund Corporation may require payment to it of a sum sufficient for the payment (or, in the event that the Depository or the Fund Corporation shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Sections 3.2 and 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature, including a Signature Guarantee, and may also require compliance with such regulations, if any, as the Depository or the Fund Corporation may establish consistent with the provisions of this Agreement and applicable law. The deposit of MuniFund Term Preferred Shares the Stock may be refused, the delivery of Receipts against MuniFund Term Preferred Shares Stock may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Fund Corporation is closed or (ii) if any such action is deemed necessary or advisable by the Depository, any of the Depository’s Agents or the Fund Corporation at any time or from time to time because of any requirement of law or of any government or governmental body or commission or under any provision of this Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Bank of America Corp /De/)

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Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts. As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the DepositoryDepositary, any of the DepositoryDepositary’s Agents or the Fund Bank may require payment to it of a sum sufficient for the payment (or, in the event that the Depository Depositary, or Computershare, as applicable, or the Fund Bank shall have made such payment, the reimbursement to it) of any charges or expenses payable by the Holder of a Receipt pursuant to Sections 3.2 and Section 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature, including a Signature Guarantee, and may also require compliance with such regulations, if any, as the Depository Depositary or the Fund Bank may establish consistent with the provisions of this Deposit Agreement and and/or applicable law. The deposit of MuniFund Term the Preferred Shares Series C-1 may be refused, the delivery of Receipts against MuniFund Term Preferred Shares Series C-1 may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Fund Bank is closed or (ii) if any such action is deemed necessary or advisable by the DepositoryDepositary, any of the DepositoryDepositary’s Agents or the Fund Bank at any time or from time to time because of any requirement of law or of any government or governmental body or commission or under any provision of this Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Royal Bank of Canada)

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