Term Redemption. Subject to Section 2.6(d)(v), the Fund shall redeem all RVMTP Shares of a Series then Outstanding on the Term Redemption Date for such Series, out of funds legally available therefor under applicable law, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and other distributions on such share of such Series accumulated from and including the Date of Original Issuance to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Fund, but excluding interest thereon) (the “Term Redemption Price”); provided, however, that the Term Redemption Date for such Series of RVMTP Shares may be extended pursuant to Section 2.6(a)(ii) or Section 2.6(a)(iii) below.
Appears in 20 contracts
Samples: Appendix (Pimco Municipal Income Fund Iii), Appendix (Pimco California Municipal Income Fund), Appendix (Pimco California Municipal Income Fund Ii)
Term Redemption. (i) Subject to Section 2.6(d)(v2.5(d)(v), the Fund shall redeem all RVMTP VMTP Shares of a Series then Outstanding on the Term Redemption Date for such Series, out of funds legally available therefor under applicable law, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and other distributions on such share of such Series accumulated from and including the Date of Original Issuance Issue to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Fund, but excluding interest thereon) (the “Term Redemption Price”); provided, however, that the Term Redemption Date for such Series of RVMTP VMTP Shares may be extended pursuant to Section 2.6(a)(ii2.5(a)(ii) or Section 2.6(a)(iii2.5(a)(iii) below.
Appears in 14 contracts
Samples: Pimco California Municipal Income Fund Iii, Pimco Municipal Income Fund Iii, Pimco Municipal Income Fund
Term Redemption. Subject to Section 2.6(d)(v2.6(e)(v), the Fund shall redeem all RVMTP Shares of a Series then Outstanding on the Term Redemption Date for such Series, out of funds legally available therefor under applicable law, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and other distributions on such share of such Series accumulated from and including the Date of Original Issuance Issue to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Fund, but excluding interest thereon) (the “Term Redemption Price”); provided, however, that the Term Redemption Date for such Series of RVMTP Shares may be extended pursuant to Section 2.6(a)(ii) or Section 2.6(a)(iii) below.
Appears in 4 contracts
Samples: PIMCO Flexible Municipal Income Fund, PIMCO Flexible Municipal Income Fund, PIMCO Flexible Municipal Income Fund
Term Redemption. Subject to Section 2.6(d)(v2.6(e)(v), the Fund shall redeem all RVMTP Shares of a Series then Outstanding on the Term Redemption Date for such Series, out of funds legally available therefor under applicable law, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and other distributions on such share of such Series accumulated from and including the Date of Original Issuance Issue to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Fund, but excluding interest thereon) (the “Term Redemption Price”); provided, however, that the Term Redemption Date for such Series of RVMTP Shares may be extended pursuant to Section 2.6(a)(ii) or Section 2.6(a)(iii) 2.6(a)Article 3 below.
Appears in 1 contract
Samples: PIMCO Flexible Municipal Income Fund