Common use of Rating Agency Restrictions Clause in Contracts

Rating Agency Restrictions. For so long as any shares of Municipal Preferred are outstanding and Moody's or S&P, or both, are rating such shares, the Trust will not, unless it has received written confirmation from Moody's or S&P, or both, as appropriate, that any such action would not impair the ratings then assigned by such rating agency to such shares, engage in any one or more of the following transactions:

Appears in 8 contracts

Samples: Colonial California Insured Municipal Fund, Colonial New York Insured Municipal Fund, Colonial California Insured Municipal Fund

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