Common use of RVMTP Shares Statement Clause in Contracts

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 2.1 Number of Shares; Ranking 15 2.2 Dividends and Distributions 16 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 2.7 Voting Rights 39 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 2.13 Global Certificate 48 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 2.17 Actions on Other than Business Days 49 2.18 Modification 49 2.19 Transfers 49 2.20 No Additional Rights 50 PIMCO Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco Municipal Income Fund)

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RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund Ii)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP VMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 2 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 46 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II III (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund Iii)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 46 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO New York Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco New York Municipal Income Fund Ii)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 45 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund Ii)

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RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP VMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II III (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund Iii)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 16 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 16 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 17 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 24 2.5 Mandatory Tender and Remarketing 25 26 2.6 Redemption 28 29 2.7 Voting Rights 39 40 2.8 Rating Agencies 44 45 2.9 Issuance of Additional Preferred Shares 44 45 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 47 2.13 Global Certificate 48 49 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 50 2.17 Actions on Other than Business Days 49 50 2.18 Modification 49 50 2.19 Transfers 49 50 2.20 No Additional Rights 50 51 PIMCO California Municipal Income Fund II (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco California Municipal Income Fund)

RVMTP Shares Statement. Without limiting the provisions of Section 13.1, the Board of Trustees may, by resolution duly adopted, without shareholder approval (except as otherwise required by the RVMTP Shares Statement or required by applicable law), amend the Exhibit 1 hereto to (a) reflect any amendments hereto which the Board of Trustees is entitled to adopt pursuant to the terms of the RVMTP Shares Statement without shareholder approval or (b) add additional series of RVMTP Shares or additional shares of a series of RVMTP Shares (and terms relating thereto) to the series and shares of RVMTP Shares described therein. Each such additional series and all such additional RVMTP Shares shall be governed by the terms of the RVMTP Shares Statement. RECITALS 1 DEFINITIONS 1 1.1 Definitions 1 1.2 Interpretation 15 1.3 Liability of Officers, Trustees and Shareholders 15 TERMS APPLICABLE TO ALL SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES 15 2.1 Number of Shares; Ranking 15 16 2.2 Dividends and Distributions 16 2.3 Liquidation Rights 22 2.4 Coverage & Leverage Tests 23 2.5 Mandatory Tender and Remarketing 25 2.6 Redemption 28 2.7 Voting Rights 39 2.8 Rating Agencies 44 2.9 Issuance of Additional Preferred Shares 44 2.10 Status of Redeemed or Repurchased RVMTP Shares 45 2.11 Distributions with respect to Taxable Allocations 45 2.12 Term Redemption Liquidity Account and Liquidity Requirement 46 2.13 Global Certificate 48 2.14 Notice 49 2.15 Termination 49 2.16 Appendices 49 2.17 Actions on Other than Business Days 49 2.18 Modification 49 2.19 Transfers 49 2.20 No Additional Rights 50 PIMCO Municipal Income Fund II III (the “Fund”), a Massachusetts business trust, certifies that:

Appears in 1 contract

Samples: Bylaws (Pimco Municipal Income Fund Iii)

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