Maintenance of Rating. The Fund shall have delivered and the Representatives shall have received evidence satisfactory to the Representatives that the Preferred Shares are rated ‘Aaa’ by Xxxxx’x, ‘AAA’ by S&P and ‘AAA’ by Fitch as of the Date of Delivery, and there shall not have been received by the Fund or the Investment Adviser any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the Preferred Shares by any Rating Agency.
Appears in 25 contracts
Samples: Underwriting Agreement (Nuveen Insured New York Tax Free Advantage Municipal Fund), Underwriting Agreement (Nuveen Maryland Dividend Advantage Municipal Fund), Underwriting Agreement (Nuveen Connecticut Dividend Advantage Municipal Fund 2)
