Common Contracts
2 similar VRDP Shares Fee Agreement contracts by Bank of America Corp /De/
BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.VRDP Shares Fee Agreement • April 28th, 2014 • Bank of America Corp /De/ • National commercial banks
Reference is hereby made to the VRDP Shares Fee Agreement, dated as of June 30, 2011, by and between BlackRock MuniHoldings New York Quality Fund, Inc. (the “Fund”) and Bank of America, N.A. (“BOFA”) (the "Fee Agreement"). Section 6.05 of the Fee Agreement provides that the Fund will use its best efforts to maintain a long-term credit rating of the Fund’s variable rate demand preferred shares (the “VRDP Shares”) of "Aaa" by Moody's and a long-term issue credit rating of the Fund’s VRDP Shares of "AAA" by Fitch (or the highest equivalent ratings category for preferred stock furnished by at least two Rating Agencies).
BLACKROCK MUNIYIELD NEW JERSEY QUALITY FUND, INC.VRDP Shares Fee Agreement • April 28th, 2014 • Bank of America Corp /De/ • National commercial banks
Reference is hereby made to the VRDP Shares Fee Agreement, dated as of June 30, 2011, by and between BlackRock MuniYield New Jersey Quality Fund, Inc. (the “Fund”) and Bank of America, N.A. (“BOFA”) (the "Fee Agreement"). Section 6.05 of the Fee Agreement provides that the Fund will use its best efforts to maintain a long-term credit rating of the Fund’s variable rate demand preferred shares (the “VRDP Shares”) of "Aaa" by Moody's and a long-term issue credit rating of the Fund’s VRDP Shares of "AAA" by Fitch (or the highest equivalent ratings category for preferred stock furnished by at least two Rating Agencies).
