Common use of Minimum VRDP Shares Asset Coverage Cure Date Clause in Contracts

Minimum VRDP Shares Asset Coverage Cure Date. with respect to the failure by the Fund to maintain the Minimum VRDP Shares Asset Coverage (as required by the Statement of Preferences and this Agreement) as of the last Business Day of each month, means the tenth Business Day of the following month.

Appears in 4 contracts

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

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Minimum VRDP Shares Asset Coverage Cure Date. with respect to the failure by the Fund to maintain the Minimum VRDP Shares Asset Coverage (as required by the Statement of Preferences Articles Supplementary and this Agreement) as of the last Business Day of each month, means the tenth Business Day of the following month.

Appears in 2 contracts

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

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