Common use of Subchapter M Compliance Clause in Contracts

Subchapter M Compliance. The Fund intends to, and will, direct the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 14 contracts

Samples: Purchase Agreement (Diversified Income Strategies Portfolio, Inc.), Purchase Agreement (Enhanced Equity Yield & Premium Fund, Inc.), Purchase Agreement (Preferred Income Strategies Fund Inc)

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Subchapter M Compliance. The Fund intends to, and will, direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 11 contracts

Samples: Purchase Agreement (Muniyield Pennsylvania Fund), Purchase Agreement (Muniyield Fund Inc), Purchase Agreement (Muniholdings New Jersey Insured Fund Iv Inc)

Subchapter M Compliance. The Fund intends to, and will, direct the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("β€œSubchapter M of the Code"”), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 10 contracts

Samples: Purchase Agreement (S&P 500 GEARED Fund Inc.), Of Purchase Agreement (S&P 500 Covered Call Fund Inc.), Purchase Agreement (MLP & Strategic Equity Fund Inc.)

Subchapter M Compliance. The Fund intends to, and will, direct ----------------------- the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 6 contracts

Samples: Purchase Agreement (Muniholdings Insured Fund Ii Inc), Purchase Agreement (Muniholdings Michigan Insured Fund Inc), Purchase Agreement (Muniholdings California Insured Fund Iv Inc)

Subchapter M Compliance. The Fund intends to, and will, direct the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.amended

Appears in 6 contracts

Samples: Purchase Agreement (Floating Rate Income Strategies Fund Inc), Purchase Agreement (Floating Rate Income Strategies Fund Ii Inc), Purchase Agreement (Muni Intermediate Duration Fund Inc)

Subchapter M Compliance. The Fund intends to, and will, ----------------------- direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 5 contracts

Samples: Purchase Agreement (Muniholdings Michigan Insured Fund Inc), Purchase Agreement (Muniholdings Insured Fund Iii Inc), Purchase Agreement (Muniholdings New Jersey Insured Fund Iii Inc)

Subchapter M Compliance. The Fund intends to, and will, ------------------------ direct the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 4 contracts

Samples: Exhibit 99 (Muniholdings New York Insured Fund Iii Inc), Purchase Agreement (Muniholdings California Insured Fund Iv Inc), Purchase Agreement (Muniholdings Michigan Insured Fund Inc)

Subchapter M Compliance. The Fund intends to, and will, direct ----------------------- the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 3 contracts

Samples: Purchase Agreement (Muniholdings Insured Fund Iii Inc), Purchase Agreement (Muniholdings Insured Fund Iv Inc), Purchase Agreement (Muniholdings Michigan Insured Fund Ii Inc)

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Subchapter M Compliance. The Fund intends to, and will, direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and the Fund qualifies and intends to continue to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 3 contracts

Samples: Purchase Agreement (Muniholdings Fund Inc), Purchase Agreement (Muniyield Florida Fund), Purchase Agreement (Muniyield Arizona Fund Inc /Nj/)

Subchapter M Compliance. The Fund intends to, and will, direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Samples: Purchase Agreement (Muniholdings Florida Insured Fund V)

Subchapter M Compliance. The Fund intends to, and will, ----------------------- direct the investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Samples: Exhibit 99 (Muniholdings Pennsylvania Insured Fund)

Subchapter M Compliance. The Fund intends to, and will, direct the ----------------------- investment of the proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Samples: Purchase Agreement (Muniholdings Florida Insured Fund Iv)

Subchapter M Compliance. The Fund intends to, and will, direct ------------------------ the investment of proceeds of the offering described in the Registration Statement in such a manner as to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and intends to qualify as a regulated investment company under Subchapter M of the Code.

Appears in 1 contract

Samples: Purchase Agreement (Muniholdings New Jersey Insured Fund Iii Inc)

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