Proceeds of the Offering. The Fund will direct the proceeds of the offering of the Common Shares in such a manner as to comply with the asset coverage requirements of the 1940 Act.
Appears in 3 contracts
Samples: Underwriting Agreement (Guggenheim Active Allocation Fund), Underwriting Agreement (Cohen & Steers Real Estate Opportunities & Income Fund), Underwriting Agreement (PIMCO Access Income Fund)
Proceeds of the Offering. The Fund will direct the proceeds of the offering of the Common Shares Stock in such a manner as to comply with the asset coverage requirements of the 1940 Act.
Appears in 1 contract
Samples: Underwriting Agreement (Neuberger Berman Next Generation Connectivity Fund Inc.)