Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP Shares will qualify as tax exempt dividends to the extent designated by the Fund.
Appears in 23 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.)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP MFP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 16 contracts
Samples: Purchase Agreement (Bank of America Corp /De/), Purchase Agreement (Toronto Dominion Investments, Inc.), Purchase and Exchange Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP New VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 13 contracts
Samples: VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn), VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn), VMTP Purchase and Exchange Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) 851 of the Code and the dividends made with respect to the VRDP RVMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 13 contracts
Samples: RVMTP Purchase Agreement (Wells Fargo & Company/Mn), RVMTP Purchase Agreement (Wells Fargo & Company/Mn), RVMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP New VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 7 contracts
Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) 851 of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 7 contracts
Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and are permitted to be treated as such by Section 852(b)(5)(A) of the Code.
Appears in 6 contracts
Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP AMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 5 contracts
Samples: Shares Transition Agreement (Bank of America Corp /De/), Shares Transition Agreement (Wells Fargo & Company/Mn), Shares Purchase Agreement (Deutsche Bank Ag\)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP AMTP Shares will qualify as tax "exempt dividends interest dividends" to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 5 contracts
Samples: Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the Series 1 VRDP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 5 contracts
Samples: Period Purchase Agreement (Wells Fargo & Company/Mn), Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.), Remarketing Purchase Agreement (Toronto Dominion Investments, Inc.)
Tax Status of the Fund. The Fund will qualify as a “Regulated Investment Company Company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP AMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 4 contracts
Samples: Exchange Agreement (Wells Fargo & Company/Mn), Exchange Agreement (Wells Fargo & Company/Mn), Exchange Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 4 contracts
Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 4 contracts
Samples: Preferred Shares Purchase Agreement (Bank of America Corp /De/), Preferred Shares Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company "regulated investment company" within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax "exempt dividends interest dividends" to the extent designated they are reported as such by the FundFund and are permitted to be treated as such by Section 852(b)(5)(A) of the Code.
Appears in 2 contracts
Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the Series 3 VRDP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 2 contracts
Samples: Remarketing Purchase Agreement (Wells Fargo & Company/Mn), Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company "regulated investment company" within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP VMTP Shares will qualify as tax "exempt dividends interest dividends" to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 2 contracts
Samples: Preferred Shares Purchase Agreement (Bank of America Corp /De/), Preferred Shares Purchase Agreement (Bank of America Corp /De/)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the Series 2 VRDP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 2 contracts
Samples: Agreement (Wells Fargo & Company/Mn), Remarketing Purchase Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP Shares will qualify as tax exempt dividends to the extent designated by the Fund.
Appears in 2 contracts
Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP Shares LEARS will qualify as tax exempt dividends to the extent designated by the Fund.
Appears in 2 contracts
Samples: Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Tender and Paying Agent Agreement (Blackrock Muniyield Pennsylvania Quality Fund)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company "regulated investment company" within the meaning of Section 851(a) of the Code and the dividends made with respect to the VRDP Shares will qualify as tax exempt dividends to the extent designated by the Fund.
Appears in 2 contracts
Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the Series 5 VRDP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 1 contract
Samples: Agreement (Wells Fargo & Company/Mn)
Tax Status of the Fund. The Fund will qualify as a Regulated Investment Company “regulated investment company” within the meaning of Section 851(a) of the Code and the dividends made with respect to the Series 8 VRDP Shares will qualify as tax “exempt dividends interest dividends” to the extent designated they are reported as such by the FundFund and permitted by Section 852(b)(5)(A) of the Code.
Appears in 1 contract
Samples: Agreement (Wells Fargo & Company/Mn)
