Common use of Proxy Disclosures Clause in Contracts

Proxy Disclosures. Any attempt to vote securities will be void to the extent that such securities are not in the possession or control of a BNPP Entity, including (i) securities not yet delivered to a BNPP Entity and (ii) securities purchased and not paid for by settlement date. Please be advised that for the purposes of proxy voting, Customer will not be notified that the securities are not in a BNPP Entity’s possession or control. Furthermore, no BNPP Entity will notify Customer that a vote was void.

Appears in 13 contracts

Samples: u.s. Pb Agreement (DNP Select Income Fund Inc), Lending Agreement (Midas Fund, Inc.), BNPP Ny Lending Agreement (Midas Series Trust)

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Proxy Disclosures. Any attempt to vote securities will be void to the extent that such securities are not in the possession or control of a BNPP Entity, including (i) securities not yet delivered to a BNPP Entity and (ii) securities purchased and not paid for by settlement date. Please be advised that for the purposes of proxy voting, Customer will not be notified that the securities are not in a BNPP Entity’s 's possession or control. Furthermore, no BNPP Entity will notify Customer that a vote was void.

Appears in 1 contract

Samples: Pb Agreement (Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund))

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Proxy Disclosures. Any attempt to vote securities will be void to the extent that such securities are not in the possession or control of a BNPP Entity, including Including (i) securities not yet delivered to a BNPP Entity and (ii) securities purchased and not paid for by settlement date. Please be advised that for the purposes of proxy voting, Customer will not be notified that the securities are not in a BNPP Entity’s possession or control. Furthermore, no BNPP Entity will notify Customer that a vote was void.

Appears in 1 contract

Samples: u.s. Pb Agreement (Claymore/Guggenheim Strategic Opportunities Fund)

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