Common use of Rating Clause in Contracts

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaa' by Xxxxx'x and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.

Appears in 12 contracts

Samples: Auction Agency Agreement (Cohen & Steers Premium Income Realty Fund Inc), Auction Agency Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc)

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Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '`Aaa' by Xxxxx'x and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.

Appears in 4 contracts

Samples: Purchase Agreement (Cohen & Steers Premium Income Realty Fund Inc), Agreement (Cohen & Steers Advantage Income Realty Fund Inc), Agreement (Cohen & Steers Quality Income Realty Fund Inc)

Rating. The Fund shall have delivered and you the Representative shall have received evidence satisfactory to you the Representative that the AMPS are rated '`Aaa' by Xxxxx'x and '`AAA' by S&P Fitch as of the Closing DateTime, and there shall not have been given any written notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.Fitch.

Appears in 3 contracts

Samples: Purchase Agreement (Neuberger Berman California Intermediate Municipal Fund Inc), Purchase Agreement (Neuberger Berman Intermediate Municipal Fund Inc), Purchase Agreement (Neuberger Berman New York Intermediate Municipal Fund Inc)

Rating. The Fund shall have delivered and you the Representative shall have received evidence satisfactory to you the Representative that the AMPS are rated '`Aaa' by Xxxxx'x and '`AAA' by S&P Fitch as of the Closing DateTime, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities of the Fund issued by the Fund, by Xxxxx'x or by S&P.Fitch.

Appears in 2 contracts

Samples: Flaherty & Crumrine/Claymore Total Return Fund Inc, Evergreen Managed Income Fund

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by Xxxxx'x and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.

Appears in 2 contracts

Samples: Purchase Agreement (Cohen & Steers Quality Income Realty Fund Inc), Mbia Capital Claymore Man Dur Inv GRD Muni Fund

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '[[‘Aaa' ’] by Xxxxx'x Xxxxx’x and '[‘AAA' ’] by S&P S&P] as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x [Xxxxx’x or by S&P.S&P].

Appears in 1 contract

Samples: Purchase Agreement (Cohen & Steers Select Utility Fund Inc)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by Xxxxx'x Moody's and 'AAA' by S&P as of the Closing Date, and there shall not have been havx xxxx given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x Moody's or by S&P.

Appears in 1 contract

Samples: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)

Rating. The Fund shall have delivered and you the Representative shall have received evidence satisfactory to you the Representative that the AMPS are rated '`Aaa' by Xxxxx'x and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.Xxxxx'x.

Appears in 1 contract

Samples: Auction Agency Agreement (Pimco Corporate Opportunity Fund)

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Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '[‘Aaa' by Xxxxx'x Xxxxx’x and 'AAA' by S&P S&P] as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x [Xxxxx’x or by S&P.S&P].

Appears in 1 contract

Samples: Purchase Agreement (Cohen & Steers Reit & Utility Income Fund Inc)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaa' by Xxxxx'x Moody's and 'AAAXXX' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating by Moody's or xx Xxxxh accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P..

Appears in 1 contract

Samples: Management Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated 'Aaaaaa' by Xxxxx'x Moody's and 'AAA' by S&P as of the Closing Date, and there shall not have nox xxxx been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x Moody's or by S&P.

Appears in 1 contract

Samples: Purchase Agreement (Calamos Convertible Opportunities & Income Fund)

Rating. The Fund shall have delivered and you shall have received evidence satisfactory to you that the AMPS are rated '`Aaa' by Xxxxx'x and '`AAA' by S&P Fitch as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x or by S&P.Fitch.

Appears in 1 contract

Samples: Evergreen Income Advantage Fund

Rating. The Fund shall have delivered and you the Representative shall have received evidence satisfactory to you the Representative that the AMPS are rated 'Aaa' by Xxxxx'x Xxxxx’x and 'AAA' by S&P as of the Closing Date, and there shall not have been given any notice of any intended or potential downgrading, or of any review for a potential downgrading, in the rating accorded to the AMPS or any other securities issued by the Fund, by Xxxxx'x Xxxxx’x or by S&P.

Appears in 1 contract

Samples: Purchase Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

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