Moody's Exposure Period definition
Moody's Exposure Period means the period commencing on a given Valuation Date and ending 49 days thereafter.
Moody's Exposure Period means the period commencing on and including a given Valuation Date and ending 48 days thereafter. "Moody's Hedging Transaction" has the meaning set forth in paragraph 12(b) of this Part I.
Moody's Exposure Period means the period commencing on a given Valuation Date and ending 63 days thereafter. Municipal Securities means municipal securities as described in the Trusts Registration Statement on Form N-2 (File Nos. 33-26396 and 811-5740) on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time. 1940 Act means the Investment Company Act of 194 0, as amended from time to time. 1940 Act Cure Date, with respect to the failure by the Trust to maintain the 1940 Act RP Asset Coverage (as required by paragraph 7 of this Part I) as of the last Business Day of each month, means the last Business Day of the following month. 1940 Act RP Asset Coverage means asset coverage, as defined in section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are shares, including all outstanding shares of RP and Other RP (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are shares of a -110-
Examples of Moody's Exposure Period in a sentence
For purposes of minimum issue size, maximum underlying obligor, maximum issue type concentration and maximum county concentration, Moody's Eligible Assets shall be calculated without including cash and Massachusetts Municipal Obligations rated MIG-1 or VMIG-1 or, if not rated by Moody's, rated SP-1~ by S&P, which either mature or have a demand feature at par exercisable within the Moody's Exposure Period.
Moodys Exposure Period means the period commencing on a given Valuation Date and ending 63 days thereafter.
More Definitions of Moody's Exposure Period
Moody's Exposure Period shall have the meaning specified in guidelines provided by Moody’s, as may be amended from time to time by Moody’s, in connection with Moody’s ratings of shares of MuniPreferred.
Moody's Exposure Period means the period commencing on a given Valuation Date and ending 49 days thereafter. "Moody's Hedging Transactions" has the meaning set forth in Section 11.8(a) of these Bylaws. -20- "Moody's Volatility Factor" means as of any Valuation Date, (i) in the case of any 7-Day Dividend Period, any Special Dividend Period of 28 days or fewer, or any Special Dividend Period of 57 days or more, a multiplicative factor equal to 275% , except as otherwise provided in the last sentence of this definition; (ii) in the case of any Special Dividend Period of more than 28 but fewer than 36 days, a multiplicative factor equal to 203%; (iii) in the case of any Special Dividend Period of more than 35 but fewer than 43 days, a multiplicative factor equal to 217%; (iv) in the case of any Special Dividend Period of more than 42 but fewer than 50 days, a multiplicative factor equal to 226%; and (v) in the case of any Special Dividend Period of more than 49 but fewer than 57 days, a multiplicative factor equal to 235%. If, as a result of the enactment of changes to the Code, the Marginal Tax Rate will increase, such increase being rounded up to the next five percentage points (the "Federal Tax Rate Increase"), until the effective date of such increase, the Moody's Volatility Factor in the case of any Dividend Period described in (i) above in this definition instead shall be determined by reference to the following table: