Organization and Authority of the Advisers. Such Adviser has been duly organized as a limited liability company (in the case of the Investment Adviser) or as a corporation (in the case of the Subadviser) 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 5 contracts
Samples: Purchase Agreement (Defined Strategy Fund, Inc.), Purchase Agreement (Dow 30 Enhanced Premium & Income Fund Inc.), Purchase Agreement (Global Income & Currency Fund Inc.)
Organization and Authority of the Advisers. Such Adviser has been duly organized as a limited liability company (in the case of the Investment Adviser) or as a corporation limited partnership (in the case of the Subadviser) 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 2 contracts
Samples: Purchase Agreement (S&P 500 GEARED Fund Inc.), Purchase Agreement (Small Cap Premium & Dividend Income Fund, Inc.)
Organization and Authority of the Advisers. Such Adviser has been duly organized as a limited liability company (in the case of the Investment Adviser) or as a corporation (in the case of the Subadviser) 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 (S&P 500 Covered Call Fund Inc.)
