Series W-7 VRDP Shares definition

Series W-7 VRDP Shares has the meaning set forth in the recitals of this Agreement.
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Series W-7 VRDP Shares has the meaning set forth in the preamble to this Agreement.
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Series W-7 VRDP Shares in connection with the refinancing of its Variable Rate Muni Term Preferred Shares (such Series W-7 VRDP Shares, the “Refinancing Shares”) and intends to issue an additional 2,746 Series W-7 VRDP Shares in connection with the reorganization of BlackRock MuniHoldings Investment Quality Fund into the Fund (the “Reorganization Shares”), pursuant to and with the preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption assigned to them in the Fund’s Articles Supplementary (as defined below);
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Examples of Series W-7 VRDP Shares in a sentence

  • All of the Series W-7 VRDP Shares are held in book-entry form through the Depository Trust Company (“DTC”), and such shares being redeemed will be redeemed in accordance with the procedures of DTC.

  • The Series W-7 VRDP Shares shall constitute a separate series of preferred shares of beneficial interest in the Trust and each Series W-7 VRDP Share shall be identical.

  • Holders of the Series W-7 VRDP Shares will receive the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the date of redemption.

  • The Series W-7 VRDP Shares shall constitute a separate series of preferred stock of the Corporation and each Series W-7 VRDP Share shall be identical.

  • Such redemptions(s) will be made on a pro rata basis among the Holders of the Series W-7 VRDP Shares.

  • The Fund may redeem up to 67% (509 shares) of its currently outstanding Series W-7 VRDP Shares.

  • Holders of the Series W-7 VRDP Shares will receive the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the Redemption Date.

  • The Fund intends to redeem 100% (221 shares) of its outstanding Series W-7 VRDP Shares.

  • Also present were Betty Bittner, Peter Becker, Jean Andrews and project design consultants Blake Theisen of Parkitecture + Planning (via Zoom).

  • The Series W-7 VRDP Shares are to be redeemed pursuant to Part I, Section 10(a) of the Fund’s Statement of Preferences of Variable Rate Demand Preferred Shares (the “Statement”), a form of which was most recently filed with the Commission on December 24, 2015, as an exhibit to the Fund’s Form NSAR-A.


More Definitions of Series W-7 VRDP Shares

Series W-7 VRDP Shares in connection with the refinancing of its Variable Rate Muni Term Preferred Shares (such Series W-7 VRDP Shares, the “Refinancing Shares”) and intends to issue an additional 849 Series W-7 VRDP Shares in connection with the reorganization of each of each of BlackRock New York Municipal Income Trust II and BlackRock New York Municipal Income Quality Trust into the Fund (the “Reorganization Shares”), pursuant to and with the preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption assigned to them in the Fund’s Statement of Preferences (as defined below);
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Related to Series W-7 VRDP Shares

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Class C Shares means shares of the Class C Common Stock.

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.