Rating Agencies. (a) Notwithstanding Section 6.05 of this Agreement, during the Current Special Rate Period, the Fund will use its best efforts to maintain a long-term preferred share rating of the VRDP Shares by at least one Rating Agency, provided that the Fund shall not be required to maintain such rating at any specific ratings category level.
Appears in 10 contracts
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/), Shares Fee Agreement (Bank of America Corp /De/)
Rating Agencies. (a) Notwithstanding Section 6.05 of this the VRDP Shares Fee Agreement, during the Current Special Rate Period, the Fund will use its best efforts to maintain a long-term preferred share rating of the VRDP Shares by at least one two Rating AgencyAgencies, provided that the Fund shall not be required to maintain such rating ratings at any specific ratings category level.
Appears in 8 contracts
Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Muniholdings New Jersey Quality Fund, Inc.)
Rating Agencies. (a) Notwithstanding Section 6.05 of this Agreement, during the Current Special Rate Period, the Fund will use its reasonable best efforts to maintain a long-term preferred share rating of the VRDP Shares by at least one Rating Agency, provided that the Fund shall not be required to maintain such rating at any specific ratings category level.
Appears in 5 contracts
Samples: VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.)
Rating Agencies. (a) Notwithstanding Section 6.05 of this the VRDP Shares Fee Agreement, during the Current Special Rate Period, the Fund will use its reasonable best efforts to maintain a long-term preferred share rating of the VRDP Shares by at least one two Rating AgencyAgencies, provided that the Fund shall not be required to maintain such rating ratings at any specific ratings category level.
Appears in 4 contracts
Samples: Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.)
