Common use of Organization and Authority of Adviser Clause in Contracts

Organization and Authority of Adviser. The Adviser has been duly organized as a limited partnership under the laws of the State of Delaware, with power and authority to conduct its business as described in the Registration Statement and the Prospectus.

Appears in 21 contracts

Samples: Purchase Agreement (Corporate High Yield Fund Iv), Purchase Agreement (Muni California Intermediate Duration Fund Inc), Purchase Agreement (Muniholdings California Insured Fund v Inc)

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Organization and Authority of Adviser. The Adviser has been ------------------------------------- duly organized as a limited partnership under the laws of the State of Delaware, with power and authority to conduct its business as described in the Registration Statement and the Prospectus.

Appears in 16 contracts

Samples: Purchase Agreement (Muniholdings New Jersey Insured Fund Iii Inc), Purchase Agreement (Muniholdings Florida Insured Fund Iv), Purchase Agreement (Muniholdings Michigan Insured Fund Inc)

Organization and Authority of Adviser. The Adviser has been duly ------------------------------------- organized as a limited partnership under the laws of the State of Delaware, with power and authority to conduct its business as described in the Registration Statement and the Prospectus.

Appears in 4 contracts

Samples: Purchase Agreement (Muniholdings Insured Fund Iv Inc), Purchase Agreement (Muniholdings New Jersey Insured Fund Iii Inc), Purchase Agreement (Muniholdings Michigan Insured Fund Ii Inc)

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Organization and Authority of Adviser. The Adviser has ------------------------------------- been duly organized as a limited partnership under the laws of the State of Delaware, with power and authority to conduct its business as described in the Registration Statement and the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Muniholdings Insured Fund Ii Inc)

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