Special Redemption Provisions definition

Special Redemption Provisions has the meaning specified in Section 10(a)(i) of Part I of the Statement.

Special Redemption Provisions shall have the meaning specified in paragraph 11(a)(i) of Part I of this Section 12.1.

Special Redemption Provisions shall have the meaning specified in subparagraph (a)(i) of Section 11 of Part I of Article X of these Bylaws.

Examples of Special Redemption Provisions in a sentence

• The Fund’s Board of Directors has determined in accordance with Section 10(a)(ii) of the Articles Supplementary that the Special Redemption Provisions are in the best interests of the Fund.

• Special Redemption Provisions During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of the Articles Supplementary only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Articles Supplementary.

• The Fund’s Board of Trustees has determined in accordance with Section 10(a)(ii) of the Statement of Preferences that the Special Redemption Provisions are in the best interests of the Fund.

• Special Redemption Provisions During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of the Statement of Preferences only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Statement of Preferences.

• Special Redemption Provisions During the Special Rate Period, the VRDP Shares may be redeemed pursuant to Section 10(a)(i) of the Certificate of Designation only upon the payment of the applicable Redemption Premium and otherwise in accordance with Section 10(a) of the Certificate of Designation.

More Definitions of Special Redemption Provisions

Special Redemption Provisions has the meaning specified in Section 10(a)(i) of Part I of the Statement of Preferences.

Special Redemption Provisions means, with respect to any Special Rate Period of more than one year, either, or any combination of (i) a period (a "Non-Call Period") determined by the Board of Trustees after consultation with the Broker-Dealers, during which the shares subject to such Special Rate Period are not subject to redemption at the option of the Trust and (ii) a period (a "Premium Call Period"), consisting of a number of whole years as determined by the Board of Trustees after consultation with the Broker-Dealers, during each year of which the shares subject to such Special Rate Period will be redeemable at the Trust's option at a price per share equal to $25,000 plus accumulated but unpaid dividends (whether or not earned or declared) to (but not including) the date fixed for redemption plus a premium expressed as a percentage or percentages of $25,000 or expressed as a formula using specified variables, in each case as determined by the Board of Trustees after consultation with the Broker-Dealers.

Special Redemption Provisions shall have the meaning specified in paragraph 8(a)(i) of Part I of this Section 12.1.

Special Redemption Provisions shall have the meaning specified in subparagraph (a)(i) of Section K of Part I of Article X.

Special Redemption Provisions means, with respect to any Special Rate Period of more than one year, either, or any combination of (i) a period (a "Non-Call Period") determined by the Board of Directors after consultation with the Broker- Dealers, during which the shares subject to such Special Rate Period are not subject to redemption at the option of the Fund and (ii) a period (a "Premium Call Period"), consisting of a number of whole years as determined by the Board of Directors after consultation with the Broker-Dealers, during each year of which the shares subject to such Special Rate Period will be redeemable at the Fund's option at a price per share equal to $25,000 plus accumulated but unpaid dividends (whether or not earned or declared) to (but not including) the date fixed for redemption plus a premium expressed as a percentage or percentages of $25,000 or expressed as a formula using specified variables, in each case as determined by the Board of Directors after consultation with the Broker-Dealers.

Special Redemption Provisions has the meaning specified in Section 10(a)(i) of Part I of the Certificate of Designation.

Special Redemption Provisions means, with respect to any Special Dividend Period of 365 or more days, either, or any combination of, (i) period (a "Non-Call Period") determined by the Board of Trustees, after consultation with the Broker-Dealers, during which the shares subject to such Special Dividend Period are not subject to redemption at the option of the Fund and (ii) a period (a "Premium Call Period"), consisting of a number of whole years and determined by the Board of Trustees, after consultation with the Broker-Dealers, during each year of which the shares subject to such Special Dividend Period shall be redeemable at the Fund's option of a price per share equal to $50,000 plus accumulated