<SEC-DOCUMENT>0001752724-21-002855.txt : 20210115
<SEC-HEADER>0001752724-21-002855.hdr.sgml : 20210115
<ACCEPTANCE-DATETIME>20210115132439
ACCESSION NUMBER:		0001752724-21-002855
CONFORMED SUBMISSION TYPE:	N-CEN/A
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20201031
FILED AS OF DATE:		20210115
DATE AS OF CHANGE:		20210115
EFFECTIVENESS DATE:		20210115

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DTF TAX-FREE INCOME INC
		CENTRAL INDEX KEY:			0000879535
		IRS NUMBER:				363793962
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CEN/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06416
		FILM NUMBER:		21531219

	BUSINESS ADDRESS:	
		STREET 1:		200 SOUTH WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		800-263-2610

	MAIL ADDRESS:	
		STREET 1:		200 S. WACKER DRIVE
		STREET 2:		SUITE 500
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DUFF & PHELPS UTILITIES TAX FREE INCOME INC
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CEN/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
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      <securityRelatedItems>
        <securityRelatedItem>
          <description>Common stock</description>
          <securityClassTitle>Common Stock</securityClassTitle>
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            <commonStock commonStockExchange="XNYS" commonStockTickerSymbol="DTF"/>
          </commonStocks>
        </securityRelatedItem>
      </securityRelatedItems>
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      <isDividendsInArrears>N</isDividendsInArrears>
      <isSecuritiesModified>N</isSecuritiesModified>
      <managementFee>0.74000000</managementFee>
      <netOperatingExpenses>2.27000000</netOperatingExpenses>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ITEM 405 REG S-K
<SEQUENCE>2
<FILENAME>NCEN_A_4673836803797046.txt
<TEXT>
Item G.1.b.iv
Section 16(a) Beneficial Ownership Reporting
Compliance
Section 30(h) of the Investment Company Act of
1940 imposes the filing requirements of section 16
of the Securities Exchange Act of 1934 upon (i) the
registrant's directors and officers, (ii) the
registrant's investment adviser and certain of its
affiliated persons and (iii) every person who is
directly or indirectly the beneficial owner of more
than 10% of any class of the registrant's
outstanding securities (other than short-term
paper). Based solely on a review of the copies of
Section 16(a) forms furnished to the registrant, or
written representations that no Forms 5 were
required, the registrant believes that during the
fiscal year ended October 31, 2020 all such filing
requirements were complied with, except that David
D. Grumhaus, Jr., an officer of the registrant's
investment adviser, was late in filing a Form 3.







</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>INST DEFINING RIGHTS
<SEQUENCE>3
<FILENAME>NCEN_A_4673802251672020.htm
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">DTF
TAX-FREE INCOME INC.</font></b></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">ARTICLES SUPPLEMENTARY <br>
ESTABLISHING AND FIXING THE RIGHTS AND PREFERENCES OF REMARKETABLE VARIABLE
RATE MUNIFUND TERM PREFERRED SHARES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>









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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Table
of Contents</font></b></p>

<p align=right style="margin:0in;margin-bottom:6.0pt;text-align:right;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Page</font></b></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000000"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Article 1 DEFINITIONS</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................................................................. 4</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000001"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.1.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Definitions</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">............................................................................................................... 4</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000002"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.2.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Interpretation</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">......................................................................................................... 17</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000003"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.3.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liability of Officers, Directors and Shareholders</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................. 18</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000004"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Article 2 TERMS APPLICABLE TO ALL
SERIES OF REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................. 18</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000005"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.1.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Number of Shares; Ranking</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................. 18</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000006"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.2.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividends and Distributions</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................. 19</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000007"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.3.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidation Rights</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................................................. 27</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000008"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.4.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Coverage &amp; Leverage Tests</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................. 28</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000009"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.5.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender and Remarketing</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................... 31</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000010"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">........................................................................................................... 35</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000011"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.7.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting Rights</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">........................................................................................................ 46</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000012"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.8.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agencies</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................................... 51</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000013"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.9.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Issuance of Additional Preferred Stock</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................. 51</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000014"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.10.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Status of Redeemed or Repurchased RVMTP Shares</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.......................................... 52</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000015"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.11.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Distributions with respect to Taxable Allocations</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................ 52</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000016"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.12.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Liquidity Account and Liquidity Requirement
for Term Redemption or Early Term Redemption</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................... 54</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000017"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.13.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Global Certificate</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................................. 57</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000018"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.14.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.................................................................................................................... 57</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000019"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.15.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Termination</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">........................................................................................................... 57</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000020"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.16.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendices</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">............................................................................................................ 57</font></a></p>


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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000021"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.17.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Actions on Other than
Business Days</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................... 58</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000022"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.18.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Modification</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">.......................................................................................................... 58</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000023"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.19.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Transfers</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">................................................................................................................ 58</font></a></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:.5in;margin-top:0in;text-indent:-.5in;"><a href="#_Toc256000024"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.20.</font></u><font color=windowtext face=calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;text-decoration:none;">&#160;&#160;&#160;&#160; </font><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">No Additional Rights</font></u><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-decoration:none;">............................................................................................ 59</font></a></p>











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<p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">DTF TAX-FREE INCOME INC.</font></b></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">ARTICLES SUPPLEMENTARY <br>
ESTABLISHING AND FIXING THE RIGHTS AND PREFERENCES OF REMARKETABLE VARIABLE
RATE MUNIFUND TERM PREFERRED SHARES</font></b></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">DTF Tax-Free Income Inc., a Maryland corporation having its
principal Maryland office in the City of Baltimore (the &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Fund</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;),
certifies to the State Department of Assessments and Taxation of Maryland that:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;layout-grid-mode:char;line-height:115%;text-transform:uppercase;">RECITALS</font></b></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">FIRST</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">:&#160; The Fund is authorized under Article IV of its
charter (which as hereafter amended, restated and supplemented from time to
time is referred to herein, together with these Articles Supplementary, as the &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Charter</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;),
to issue 600,000,000 shares of capital stock, par value $0.01 per share, of all
classes.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">SECOND</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">:&#160; Pursuant to the authority expressly vested in the
Board of Directors of the Fund by Article IV of the Charter, the Board of
Directors has reclassified 650 authorized and unissued shares of common stock
of the Fund as preferred stock of the Fund and has given general authorization
for the issuance of 650 shares of preferred stock, par value $0.01 per share,
to be designated Remarketable Variable Rate MuniFund Term Preferred Shares (&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP
Shares</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;), and such RVMTP Shares to be issued in one or more series
(each such series, a &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;). &#160;The terms related to a Series
may be set forth in these Articles Supplementary through an Appendix (as
defined below) attached hereto or in separate Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:auto;text-align:justify;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">THIRD</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">:&#160; Pursuant to the authority expressly
vested in the Board of Directors of the Fund by Article IV of the Charter, the
Board of Directors of the Fund has fixed the preferences, voting powers,
restrictions, limitations as to dividends, qualifications and terms and
conditions of redemption of each Series of RVMTP Shares as set forth in these
Articles Supplementary, as the same may be modified, amended or supplemented in
the appendix hereto (each, an &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendix</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; and collectively, the
&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendices</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) specifically relating to such Series </font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(each such Series being referred to herein as a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series
of RVMTP Shares</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;, &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP Shares of a Series</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; or a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;,
and shares of all such Series being referred to herein individually as an &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP
Share</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; and collectively as the &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP Shares</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">FOURTH</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">:&#160; These Articles Supplementary have been approved
by the Board of Directors of the Fund in the manner and by the vote required by
law.</font></p>


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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;text-indent:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;">Article 1&#160; <a name="_Toc256000000"></a>DEFINITIONS</font></b></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000001"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Definitions</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Unless
the context or use indicates another or different meaning or intent and except
with respect to any Series as specifically provided in the Appendix applicable
to such Series, each of the following terms when used in these Articles
Supplementary shall have the meaning ascribed to it below, whether such term is
used in the singular or plural and regardless of tense:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1940 Act</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the Investment Company Act
of 1940, as amended, or any successor statute, and the rules and regulations thereunder,
including any exemptions or interpretations of the SEC or its staff thereunder.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1940 Act Asset Coverage</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means &quot;asset
coverage,&quot; as defined for purposes of Section&nbsp;18(h) of the 1940 Act
as in effect on the date hereof, with respect to all outstanding senior
securities of the Fund which are stock for purposes of the 1940 Act, including
all outstanding RVMTP Shares (or such other asset coverage as may in the future
be specified in or under the 1940 Act or by rule, regulation or order of the SEC
as the minimum asset coverage for senior securities which are shares of stock
of a closed-end investment company), determined on the basis of values
calculated as of a time within 48 hours (only including Business Days) next
preceding the time of such determination.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1940 Act Asset Coverage Cure Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means,
with respect to the failure by the Fund to maintain 1940 Act Asset Coverage of
at least the Minimum Asset Coverage Level as of the close of business on a
Business Day (as required by </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> hereof), the date that is
thirty (30) calendar days following such Business Day.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Additional Amount Payment</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means a distribution
to a Holder of RVMTP Shares of an amount which, when combined with the amount
of the portion of any dividend to which a Taxable Allocation relates, and after
imposition of U.S. federal income tax, taking into account the assumptions in
the immediately following sentence, equals the after tax dollar amount of the
dividend that would have been received by such Holder if no Taxable Allocation
had been made with respect to such dividend.&#160; Such Additional Amount Payment
shall be calculated (i) without consideration being given to the time value of
money; (ii)&nbsp;assuming that no Holder is subject to the U.S. federal
alternative minimum tax with respect to dividends received from the Fund; and
(iii) assuming that each Taxable Allocation and each Additional Amount Payment
(except to the extent such Additional Amount Payment is reported as an
exempt-interest dividend for purposes of Section 852(b)(5) of the Code) would
be taxable, (x) in the case of the Purchaser (or (1) any entity taxed as a
corporation that (i) joins in filing a consolidated U.S. federal corporate
income tax return with the Purchaser, or (ii) is otherwise an affiliate of the
Purchaser and is taxed as a corporation (excluding any such entity that is
taxed as a regulated investment company under Subchapter M of the Code), or (2)
any entity that is a direct or indirect wholly-owned subsidiary of one or more
of the entities described in clause (1)) at the maximum marginal regular U.S. federal
corporate income tax rate applicable to ordinary income
or net capital gain, as applicable, in effect at the time such Additional
Amount Payment is paid, disregarding in each case the effect of any state or
local taxes, or (y) in the case of any other Holder at the greater of (A) the
rate expressed in clause (x), or (B) the maximum marginal regular federal
individual income tax rate applicable to ordinary income or net capital gain,
as applicable, in effect at the time such Additional Amount Payment is paid,
disregarding in each case the effect of any state or local taxes, assuming that
section 1411 of the Code is applicable.</font></p>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Adviser</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means Duff &amp; Phelps Investment
Management Co., or such other entity as shall be then serving as the investment
adviser of the Fund, and shall include, as appropriate, any sub-adviser duly
appointed by the Adviser.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Agent Member</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means a Person with an
account at the Securities Depository that holds one or more RVMTP Shares
through the Securities Depository, directly or indirectly, for a Designated
Owner and that will be authorized and instructed, directly or indirectly, by a
Designated Owner to disclose information to the Remarketing Settlement Agent,
if any, and the Calculation and Paying Agent with respect to such Designated
Owner.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendices</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; and &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendix</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall have the respective meanings as set forth in the Recitals of these
Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Applicable Spread</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to
any Series, the Applicable Spread for such Series set forth in the Appendix for
such Series. </font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Articles Supplementary</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means these
Articles Supplementary Establishing and Fixing the Rights and Preferences of
Remarketable Variable Rate MuniFund Term Preferred Shares, as the same may be
amended from time to time in accordance with the terms hereof.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Banks</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set forth
in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.19(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Below Investment Grade</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means any
obligation, the highest rating for which from any of Moody's, S&amp;P and Fitch
is: </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a) lower
than Baa3 (or unrated or with rating withdrawn), in the case of Moody's, </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b) lower
than BBB- (or unrated or with rating withdrawn), in the case of S&amp;P, and </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c) lower
than BBB- (or unrated or with rating withdrawn), in the case of Fitch.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Board of Directors</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the Board of
Directors of the Fund or any duly authorized committee thereof as permitted by
applicable law.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Business Day</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means any day (a) other than
a day on which commercial banks in The City of New York, New York are required
or authorized by law or executive order to close and (b) on which the New York
Stock Exchange is not closed.</font></p>


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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Calculation and Paying Agent</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means, with respect to any Series, The Bank of
New York Mellon and its successors or any other calculation and paying
agent appointed by the Fund with respect to such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Calculation and Paying Agent Agreement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means, with respect to any Series, the Calculation and Paying Agent Agreement
dated November 2, 2020 by and among the Calculation and Paying Agent, the Fund
and certain other Persons, and as the same may be amended, restated or modified
from time to time, or any similar agreement between the Fund and any other
calculation and paying agent appointed by the Fund.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Charter</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set
forth in the Recitals of these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Closed-End Funds</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as
set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.19(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Closing Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Series, the Closing Date for such Series set forth in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Code</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the Internal Revenue Code of
1986, as amended, or any successor statute.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Common Stock</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the common stock, par
value $0.01 per share, of the Fund.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Conditional Acceptance</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)(B)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Cure
Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the 1940 Act Asset Coverage Cure Date or the
Overcollateralization Ratio Cure Date, as the case may be.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Custodian</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means a bank, as defined in
Section 2(a)(5) of the 1940 Act, that has the qualifications prescribed in
paragraph 1 of Section 26(a) of the 1940 Act, or such other entity as shall be
providing custodian services to the Fund as permitted by the 1940 Act or any
rule, regulation, or order thereunder, and shall include, as appropriate, any
similarly qualified sub-custodian duly appointed by the Fund.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Custodian Agreement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means any Custodian
Agreement by and between the Custodian and the Fund.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Date of Original Issue</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect
to any Series, the date specified as the Date of Original Issue for such Series
in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Default</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall mean a Dividend Default or a
Redemption Default.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Deposit Securities</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, as of any date,
any United States dollar-denominated security or other investment of a type
described below that either (i) is a demand obligation payable to the holder thereof on any Business Day or (ii) has a
maturity date, mandatory redemption date or mandatory payment date, on its face
or at the option of the holder, preceding the relevant Redemption Date,
Dividend Payment Date or other payment date in respect of which such security
or other investment has been deposited or set aside as a Deposit Security:</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160; cash or any
cash equivalent;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(2)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any U.S.
Government Obligation;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(3)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any Municipal
Security that has a credit rating from at least one NRSRO that is the highest
applicable rating generally ascribed by such NRSRO to Municipal Securities with
substantially similar terms as of the date of these Articles Supplementary (or
such rating's future equivalent or, if not rated, as determined by the Adviser
to be of comparable quality), including (A) any such Municipal Security that
has been pre-refunded by the issuer thereof with the proceeds of such refunding
having been irrevocably deposited in trust or escrow for the repayment thereof
and (B) any such fixed or variable rate Municipal Security that qualifies as an
eligible security under Rule 2a-7 under the 1940 Act;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(4)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any investment
in any money market fund registered under the 1940 Act that qualifies under
Rule 2a-7 under the 1940 Act, or similar investment vehicle described in Rule
12d1-1(b)(2) under the 1940 Act, that invests principally in Municipal
Securities or U.S. Government Obligations or any combination thereof; or</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(5)&#160;&#160;&#160;&#160;&#160;&#160;&#160; any letter of
credit from a bank or other financial institution that has a credit rating from
at least one NRSRO that is the highest applicable rating generally ascribed by
such NRSRO to bank deposits or short-term debt of similar banks or other
financial institutions as of the date of these Articles Supplementary (or such
rating's future equivalent or, if not rated, as determined by the Adviser to be
of comparable quality).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Designated Owner</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means a Person in whose
name RVMTP Shares of any Series are recorded as beneficial owner of such RVMTP
Shares by the Securities Depository, an Agent Member or other securities
intermediary on the records of such Securities Depository, Agent Member or
securities intermediary, as the case may be.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Designated Owner Term Extension Request</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)(A)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Discounted
Value</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any asset held by the Fund as of any
date, the quotient of the Market Value of such asset divided by the applicable
discount factor set forth in the applicable Rating Agency Guidelines (using the
discount factors applicable to the rating assigned as of such date to the RVMTP
Shares by the applicable Rating Agency), as adjusted to take account of any
diversification requirements in the applicable Rating Agency Guidelines.</font></p>


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</font><p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Default</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)(A)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Payment Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect
to any Series, the first Business Day of each calendar month that any shares of
such Series are Outstanding; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that with respect
to any Series for which the first Dividend Period, as specified in the Appendix
relating to such Series, is longer than one (1) month, the first Dividend
Payment Date for such Series shall be the first Business Day of the calendar
month immediately following the end of such Dividend Period.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Series, the Dividend Period for such Series set forth in the Appendix for such
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Rate Period for a Series of RVMTP Shares and subject to the adjustment
described in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the sum of the Index Rate for such Rate
Period plus the Applicable Spread for such Rate Period plus the Failed
Remarketing Spread; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that with respect to any
Increased Rate Period, the Dividend Rate shall mean the Increased Rate for such
Increased Rate Period; and </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">further</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> that the Dividend
Rate for any Rate Period shall in no event exceed the Maximum Rate.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Duff Person</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the Adviser or any
affiliated person (as defined in Section 2(a)(3) of the 1940 Act) of the
Adviser (other than the Fund, in the case of a redemption or purchase of the
RVMTP Shares which are to be cancelled within ten (10) calendar days of purchase
by the Fund).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Early Term Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to any Series, the date specified as the Early Term Redemption Date (if
any) in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Early Term Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means with
respect to any Series, the price per share equal to the Liquidation Preference
per share plus an amount equal to all unpaid dividends and other distributions
on such RVMTP Shares accumulated from and including the Date of Original Issue
of such Series of RVMTP Shares to (but excluding) the Early Term Redemption
Date with respect to such Series of RVMTP Shares (whether or not earned or
declared by the Fund, but excluding interest thereon).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Effective Leverage Ratio</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(d)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Effective Leverage Ratio Cure Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall
have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(b)(ii)(A)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Electronic Means</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means email transmission,
facsimile transmission or other similar electronic means of communication
providing evidence of transmission (but excluding online communications systems
covered by a separate agreement) acceptable to the sending party and the
receiving party, in any case if operative as between any two parties, or, if
not operative, by telephone (promptly confirmed by any other method set forth
in this definition), which, in the case of notices to
the Calculation and Paying Agent and the Custodian, shall be sent by such means
to each of its representatives set forth in the Calculation and Paying Agent
Agreement and the Custodian Agreement, respectively.</font></p>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Exchange Act</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the U.S. Securities
Exchange Act of 1934, as amended, or any successor statute, and the rules and
regulations thereunder, including any exemptions or interpretations of the SEC
or its staff thereunder.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Failed Remarketing</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning
set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(c)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Failed Remarketing Spread</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means (i) for so
long as two or more Failed Remarketings have not occurred, 0%, and (ii)
following the second occurrence of a Failed Remarketing, 0.25% multiplied by
the number of Failed Remarketings that have occurred after the first Failed
Remarketing.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Fitch</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means Fitch Ratings, a part of the
Fitch Group, and any successor or successors thereto.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Fitch
Eligible Assets</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means assets of the Fund set forth in the Rating Agency
Guidelines of Fitch as eligible for inclusion in calculating the Discounted
Value of the Fund's assets in connection with the rating provided by Fitch with
respect to any Series of RVMTP Shares.&#160; As of the Date of Original Issue, the
Rating Agency Guidelines of Fitch provide that Fitch Eligible Assets shall not
include any assets that exceed the issuer diversification guidelines set forth
in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Schedule&nbsp;I</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> to these Articles Supplementary and that higher
discount factors shall be applied to any assets that exceed the municipal
sector and state diversification guidelines set forth in in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Schedule&nbsp;I</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
to these Articles Supplementary; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that such
Rating Agency Guidelines may be amended as provided in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.8</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">. </font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Fund</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set forth
in the Preamble to these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Holder</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to the RVMTP
Shares of any Series or any other security issued by the Fund, a Person in
whose name such security is registered in the registration books of the Fund
maintained by the Calculation and Paying Agent or otherwise.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Holder Term Extension Request</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have
the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(iii)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Increased Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Series, the Increased Rate for such Series set forth in the Appendix for such
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Increased Rate Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>


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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_11"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Index Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means,
with respect to any Series, the Index Rate for such Series set forth in the
Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Initial Rate Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to
the RVMTP Shares of any Series, the period commencing on and including the Date
of Original Issue thereof and ending on, and including, the next succeeding
calendar day that is a Wednesday (or if such Wednesday is not a Business Day,
the next succeeding Business Day).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidation Preference</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect
to any Series, the amount specified as the liquidation preference per share for
that Series in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidity Account Initial Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to any Series, the date designated as the Liquidity Account Initial
Date in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidity Account Investments</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means
Deposit Securities or any other security or investment owned by the Fund that
is rated not less than A3 by Moody's, A- by Standard &amp; Poor's, A- by Fitch
or an equivalent rating by any other NRSRO (or any such rating's future
equivalent) or if not rated, determined by the Adviser to be of comparable
quality.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidity Requirement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.12(b)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Lock-Out Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Series, the Lock-Out Date for such Series set forth in the Appendix for such
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Coverage Failure Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(b)(i)(A)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, in connection with
a Remarketing, the required tender of all RVMTP Shares of a particular Series
(except to the extent affirmatively retained by any applicable Holder of RVMTP
Shares of such Series pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.5(a)(iv)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">)</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> to the Remarketing
Settlement Agent for purchase on the applicable Mandatory Tender Date.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iii)(C)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender Event</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(i)(C)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall
have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall
have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>


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</font><p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_12"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Market Value</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; of
any asset of the Fund means (i)&nbsp;the market value thereof determined by one
or more independent third-party pricing services designated from time to time
by the Board of Directors pursuant to the Fund's valuation policies and
procedures approved from time to time by the Board of Directors for the purpose
of determining the net asset value of the shares of Common Stock, provided that
such service is broadly recognized in the tax-exempt market, or (ii)&nbsp;where
market values are not readily available or are deemed unreliable, the fair
value thereof, determined in good faith pursuant to the Fund's valuation
policies and procedures approved from time to time by the Board of Directors
for the purpose of determining the net asset value of the shares of Common Stock,
which procedures may include the use of pricing services broadly recognized in
the tax-exempt market.&#160; The pricing service initially designated by the Board
of Directors will be ICE Data Services.&#160; Market Value of any asset shall
include any interest accrued thereon.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Maximum Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means 15% per annum.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Minimum Asset Coverage Level</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to any Series, the Minimum Asset Coverage Level for such Series set
forth in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Minimum Overcollateralization Level</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means,
with respect to any Series, the Minimum Overcollateralization Level for such
Series set forth in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Moody's</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means Moody's Investors Service,
Inc. and any successor or successors thereto.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Municipal Securities</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means municipal
securities, including municipal bonds and notes, issued to finance and
refinance public projects, in each case, that provide for the payment of
interest income that is exempt from federal income tax.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">No Adverse Effect Opinion</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means an opinion
of counsel nationally recognized for having expertise in the taxation of
regulated investment companies to the effect that the requested action, if
undertaken, will not have an adverse effect on any of the opinions of counsel
delivered in connection with the issuance of the RVMTP Shares.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice of Mandatory Tender</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(ii)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice of Redemption</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(e)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice of Special Terms Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have
the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(h)(iii)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice of Taxable Allocation</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have
the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.11(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">NRSRO</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means (a) each of Fitch, Moody's and
Standard &amp; Poor's so long as such Person is a nationally recognized
statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act and (b) any other nationally
recognized statistical rating organization within the meaning of Section
3(a)(62) of the Exchange Act that is not an &quot;affiliated person&quot; (as
defined in Section 2(a)(3) of the 1940 Act) of the Fund.</font></p>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Optional Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.6(c)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Optional Redemption Premium</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to any Series, the premium, if any, payable by the Fund upon the
redemption of RVMTP Shares of such Series at the option of the Fund, as set
forth in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Optional Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.6(c)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Other Rating Agency</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means each Rating
Agency, if any, other than Fitch, Standard &amp; Poor's, or Moody's then
providing a rating for the RVMTP Shares pursuant to the request of the Fund and
with the consent of the Holders of a majority of the RVMTP Shares, which shall
not be unreasonably withheld by such Holders.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Other Rating Agency Eligible Assets</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means
assets of the Fund set forth in the Rating Agency Guidelines of an Other Rating
Agency, if any, as eligible for inclusion in calculating the Discounted Value
of the Fund's assets in connection with the rating provided by such Other
Rating Agency with respect to any Series of RVMTP Shares.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Outstanding</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, as of any date with
respect to RVMTP Shares of any Series, the number of RVMTP Shares of such Series
theretofore issued by the Fund except (without duplication):</font></p>

<h3 style="margin-bottom:10.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(a)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">any RVMTP Shares of such Series theretofore exchanged, cancelled,
retired or redeemed or delivered to the Calculation and Paying Agent for
cancellation or redemption in accordance with the terms hereof;</font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(b)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">any RVMTP Shares of such Series as to which the Fund shall have given a
Notice of Redemption and irrevocably deposited with the Calculation and Paying
Agent sufficient Deposit Securities to redeem such shares in accordance with </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof; and</font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(c)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">any RVMTP Shares of such Series as to which the Fund is the Holder or
the Designated Owner.</font></h3>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Overcollateralization Ratio</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,&quot; as of any
date, shall mean a ratio, calculated in accordance with the applicable Rating
Agency Guidelines, of (a) the Discounted Value of the Fund's assets to (b) the
aggregate Liquidation Preference of the RVMTP Shares rated by the applicable
Rating Agency plus certain other liabilities of the Fund.</font></p>


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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Overcollateralization Ratio
Cure Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall mean, with respect to the failure by the Fund to
maintain an Overcollateralization Ratio of at least the Minimum
Overcollateralization Level as required by Section 2.4(e) as of a given
Valuation Date, the date which is ten (10) Business Days following such
Valuation Date.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Person</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means and includes an individual, a
partnership, a trust, a corporation, a limited liability company, an
unincorporated association, a joint venture or other entity or a government or
any agency or political subdivision thereof.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Preferred Stock</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the authorized
preferred stock, par value $0.01 per share, of the Fund, including RVMTP Shares
of each Series, shares of any other series of such preferred stock now or
hereafter issued by the Fund, and shares of any other series or class of stock
hereafter authorized and issued by the Fund of a class having priority over
another class as to distribution of assets or payments of dividends.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Purchase Agreement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means (i) with respect
to the initial Series of RVMTP Shares issued pursuant to these Articles
Supplementary, the Purchase Agreement to be dated as of November 2, 2020 between
the Fund and the Purchaser and (ii)&nbsp;with respect to any subsequent Series
of RVMTP Shares issued pursuant to these Articles Supplementary, the purchase
agreement or other similar agreement for the RVMTP Shares of such Series (if
any) specified in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Purchaser</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means JPMorgan Chase Bank, N.A.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rate Determination Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to the Initial Rate Period for any Series of RVMTP Shares, the calendar
day immediately preceding the Date of Original Issue of such Series and, with
respect to any Subsequent Rate Period for any Series of RVMTP Shares, the last
calendar day of the immediately preceding Rate Period for such Series, or, if in
either case, such calendar day is not a Business Day, the next succeeding
Business Day; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that the next succeeding Rate
Determination Date will be determined without regard to any prior extension of
a Rate Determination Date to a Business Day.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rate Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Series of RVMTP Shares, the Initial Rate Period and any Subsequent Rate Period
of the RVMTP Shares of such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rate Period Termination Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to any Series, the Rate Period Termination Date for such Series set
forth in the Appendix for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, as of any date and in
respect of a Series of RVMTP Shares, (i) any of Fitch, Moody's, or Standard
&amp; Poor's, to the extent it maintains a rating on the RVMTP Shares of such
Series on such date and has not been replaced as a Rating Agency in accordance
with </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.8</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and (ii) any Other Rating Agency designated as a Rating
Agency on such date in accordance with </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.8</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Fitch has
initially been designated as the Rating Agency for purposes of
the RVMTP Shares.&#160; In the event that at any time any Rating Agency (A) ceases
to be a Rating Agency for purposes of any Series of RVMTP Shares and such
Rating Agency has been replaced by an Other Rating Agency in accordance with </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.8</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, any references to any credit rating of the replaced Rating Agency in these
Articles Supplementary or any Appendix shall be deleted for purposes hereof as
provided below and shall be deemed instead to be references to the equivalent
credit rating of the Other Rating Agency that has replaced such Rating Agency
as of the most recent date on which such Other Rating Agency published credit
ratings for such Series of RVMTP Shares or (B) designates a new rating
definition for any credit rating of such Rating Agency with a corresponding
replacement rating definition for such credit rating of such Rating Agency, any
references to such replaced rating definition of such Rating Agency contained
in these Articles Supplementary or any Appendix shall instead be deemed to be
references to such corresponding replacement rating definition.&#160; In the event
that at any time the designation of any Rating Agency as a Rating Agency for
purposes of any Series of RVMTP Shares is terminated in accordance with </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.8</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
any rating of such terminated Rating Agency, to the extent it would have been
taken into account in any of the provisions of these Articles Supplementary or
the Appendix for such Series, shall be disregarded, and only the ratings of the
then-designated Rating Agencies for such Series shall be taken into account for
purposes of these Articles Supplementary and such Appendix.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating
Agency Certificate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.4(f)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency Guidelines</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the
guidelines of any Rating Agency, as they may be amended or modified from time
to time, compliance with which is required to cause such Rating Agency to
continue to issue a rating with respect to a Series of RVMTP Shares for so long
as such Series is Outstanding.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency Withdrawal</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)(C)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Ratings Event</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning set
forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means with respect to a
redemption pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b) </font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">or </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the
date fixed for redemption as stated in the Notice of Redemption with respect to
such redemption.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption Default</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning
as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)(B)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall mean the Term
Redemption Price, the Mandatory Coverage Failure Redemption Price, the
Mandatory Tender Redemption Price, or the Optional Redemption Price, as
applicable.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Registration Rights Agreement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means (i)
with respect to the initial Series of RVMTP Shares issued pursuant to these
Articles Supplementary, the Registration Rights Agreement
to be dated as of November 2, 2020 between the Fund and the Purchaser and
(ii)&nbsp;with respect to any subsequent Series of RVMTP Shares issued pursuant
to these Articles Supplementary, the registration rights agreement or other
similar agreement for the RVMTP Shares of such Series (if any) specified in the
Appendix for such Series.</font></p>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketing</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the offering of RVMTP
Shares for resale as described in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(b)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; RVMTP Shares that are
remarketed in connection with a Remarketing are described as having been &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketed</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketing Purchase Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with
respect to the RVMTP Shares subject to a Remarketing, a price per share equal
to the Liquidation Preference per share plus an amount equal to all unpaid
dividends and other distributions on such RVMTP Shares accumulated from and
including the Date of Original Issue of such RVMTP Shares to (but excluding)
the Mandatory Tender Date for such RVMTP Shares (whether or not earned or
declared by the Fund, but excluding interest thereon).</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketing Settlement Agent</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the
entity appointed as such by the Fund with respect to a Remarketing of any
Series of the RVMTP Shares and any additional or successor entities appointed
by the Fund pursuant to a Remarketing Settlement Agent Agreement with the Fund.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketing Settlement Agent Agreement</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means the Remarketing Settlement Agent Agreement, if any, with respect to the
RVMTP Shares, between the Fund and the Remarketing Settlement Agent and any
other party thereto, as amended, modified or supplemented from time to time, or
any similar agreement with a successor Remarketing Settlement Agent.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set forth
in the Recitals of these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP Shares</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set
forth in the Recitals of these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP Shares of a Series</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in the Recitals of these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">SEC</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the U.S. Securities and Exchange
Commission.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Securities Act</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the U.S. Securities
Act of 1933, as amended, or any successor statute, and the rules and
regulations thereunder, including any exemptions or interpretations of the SEC
or its staff thereunder.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Securities Depository</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall mean The
Depository Trust Company and its successors and assigns or any other securities
depository selected by the Fund that agrees to follow the
procedures required to be followed by such securities depository as set forth
in these Articles Supplementary with respect to the RVMTP Shares.</font></p>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; and &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series of RVMTP Shares</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall have the meanings as set forth in the Recitals of these Articles
Supplementary.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">SIFMA Municipal Swap Index</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; </font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">means the Securities Industry and Financial Markets
Association Municipal Swap Index, or such other weekly, high-grade index
comprised of seven-day, tax-exempt variable rate demand notes produced by Bloomberg
L.P. or its successor, or as otherwise designated by the Securities Industry
and Financial Markets Association; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that if
such index is no longer produced by Bloomberg L.P. or its successor,
then SIFMA Municipal Swap Index shall mean (i)&nbsp;the S&amp;P Municipal Bond
7 Day High Grade Rate Index produced by Standard &amp; </font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Poor's</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> Financial Services LLC or its successors or (ii)&nbsp;if
the S&amp;P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such
other reasonably comparable index selected in good faith by the Board of
Directors of the Fund and consented to in
writing by Holders of greater than 50% of RVMTP Shares.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Special Terms Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(h)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Spread Adjustment</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to
any Series, the Spread Adjustment for such Series set forth in the Appendix for
such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Standard &amp; Poor's</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means Standard &amp;
Poor's Ratings Services, a Standard &amp; Poor's Financial Services LLC
business, and any successor or successors thereto.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Subsequent Rate Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect
to any Series of RVMTP Shares, the period consisting of seven (7) calendar
days, but adjusted in each case to reflect any changes when the regular
calendar day that is a Rate Determination Date is not a Business Day, from, and
including, the first calendar day following the Initial Rate Period of such
Series to, and including, the next Rate Determination Date for such Series and
any period thereafter from, and including, the first calendar day following a
Rate Determination Date for shares of such Series to, and including, the next
succeeding Rate Determination Date for shares of such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Supplemental Spread</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to
any Series, the Supplemental Spread for such Series set forth in the Appendix
for such Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Tax Event</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as set
forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(i)(E)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Taxable Allocation</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to
any Series, the characterization of all or a portion of any dividend for U.S.
federal income tax purposes paid in respect of such Series as net capital gains
or other income taxable for regular U.S. federal individual income tax purposes.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Amount</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.12(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>


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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means, with respect to any Series, the date specified as the Term Redemption
Date in the Appendix for such Series, as such date may be extended in
accordance with </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or as may otherwise be agreed in writing
by the Fund and the Holders of 100% of the Outstanding RVMTP Shares of such
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Liquidity Account</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall
have the meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.12(a)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the
meaning as set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">U.S. Government Obligations</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means direct
obligations of the United States or of its agencies or instrumentalities that
are entitled to the full faith and credit of the United States and that, other
than United States Treasury Bills, provide for the periodic payment of interest
and the full payment of principal at maturity or call for redemption.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Valuation
Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, for purposes of determining whether the Fund is
maintaining any required Overcollateralization Ratio, each Monday that is a
Business Day, or for any Monday that is not a Business Day, the immediately
preceding Business Day, and the Date of Original Issue, commencing with the
Date of Original Issue.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall have the meaning as
set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7(b)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">With respect to any Series, any additional definitions
specifically set forth in the Appendix relating to such Series and any
amendments to any definitions specifically set forth in the Appendix relating
to such Series, as such Appendix may be amended from time to time, shall be
incorporated herein and made part hereof by reference thereto, but only with
respect to such Series.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000002"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Interpretation</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The
headings preceding the text of Sections included in these Articles
Supplementary are for convenience only and shall not be deemed part of these
Articles Supplementary or be given any effect in interpreting these Articles
Supplementary.&#160; The use of the masculine, feminine or neuter gender or the
singular or plural form of words herein shall not limit any provision of these
Articles Supplementary.&#160; The use of the terms &quot;including&quot; or &quot;include&quot;
shall in all cases herein mean &quot;including, without limitation&quot; or &quot;include,
without limitation,&quot; respectively.&#160; Reference to any Person includes such
Person's successors and assigns to the extent such successors and assigns are
permitted by the terms of any applicable agreement (including these Articles
Supplementary), and reference to a Person in a particular capacity excludes
such Person in any other capacity or individually.&#160; Reference to any agreement
(including these Articles Supplementary), document or instrument means such
agreement, document or instrument as amended or modified and in effect from
time to time in accordance with the terms thereof and, if applicable, the terms
hereof.&#160; Except as otherwise expressly set forth herein, reference to any law
means such law as amended, modified, codified, replaced or re-enacted, in whole
or in part, including rules, regulations, enforcement procedures and any
interpretations promulgated thereunder.&#160; Underscored
references to Sections shall refer to those portions of these Articles
Supplementary.&#160; The use of the terms &quot;hereunder,&quot; &quot;hereof,&quot;
&quot;hereto&quot; and words of similar import shall refer to these Articles
Supplementary as a whole and not to any particular Article, Section or clause
of these Articles Supplementary.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000003"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1.3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liability of Officers, Directors and
Shareholders</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; A copy of the
Charter is on file with the State Department of Assessments and Taxation
of Maryland, and notice hereby is given that these
Articles Supplementary are executed on behalf of the Fund by an officer of the
Fund in his or her capacity as an officer of the Fund and not individually and
that the obligations of the Fund under or arising out of these Articles
Supplementary are not binding upon any of the directors, officers or
shareholders individually but are binding only upon the assets and properties
of the Fund.&#160; All persons extending credit to, contracting with or having a
claim against the Fund must look solely to the Fund's assets and property for
the enforcement of any claims against the Fund as none of the Fund's officers,
agents or shareholders, whether past, present or future, assume any personal
liability for obligations entered on behalf of the Fund.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;text-indent:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;">Article 2</font></b><b><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;">&#160; <a name="_Toc256000004"></a>TERMS APPLICABLE TO</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;">
ALL SERIES OF</font></b><b><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;"><br>
REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED SHARES</font></b></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Except for such changes and amendments hereto with respect to a
Series of RVMTP Shares that are specifically contemplated by the Appendix
relating to such Series, each Series of RVMTP Shares subject to these Articles
Supplementary shall have the following terms:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000005"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Number of Shares; Ranking</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h3 style="margin-bottom:10.0pt;margin-left:81.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(a)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The number of
authorized shares constituting any Series of RVMTP Shares shall be as set forth
with respect to such Series in the Appendix hereto relating to such Series.&#160; No
fractional RVMTP Shares shall be issued.</font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:81.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(b)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The RVMTP Shares of
each Series shall rank on a parity with RVMTP Shares of each other Series and
with shares of any other series of Preferred Stock as to the payment of
dividends and the distribution of assets upon dissolution, liquidation or
winding up of the affairs of the Fund.&#160; The RVMTP Shares of each Series shall
have preference with respect to the payment of dividends and as to distribution
of assets upon dissolution, liquidation or winding up of the affairs of the
Fund over the shares of Common Stock as set forth herein.</font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:81.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(c)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">No Holder of RVMTP
Shares shall have, solely by reason of being such a Holder, any pre-emptive or
other right to acquire, purchase or subscribe for any RVMTP Shares or Common Stock
or other securities of the Fund which it may hereafter issue or sell.</font></h3>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:1.0in;"><a name="_Toc256000006"></a></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividends and Distributions</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h3 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(a)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The Holders of RVMTP
Shares of any Series shall be entitled to receive, when, as and if declared by,
or under authority granted by, the Board of Directors, out of funds legally
available therefor in accordance with the Charter and applicable law, and in
preference to dividends and other distributions on shares of Common Stock,
cumulative cash dividends and other distributions on each share of such Series
at the Dividend Rate for such Series, calculated as set forth herein, and no
more.&#160; Dividends and other distributions on the RVMTP Shares of a Series shall
accumulate from the Date of Original Issue with respect to such Series.&#160; The
amount of dividends per share payable on RVMTP Shares of a Series on any
Dividend Payment Date shall equal the sum of the dividends accumulated but not
yet paid for each Rate Period (or part thereof) in the related Dividend Period.&#160;
The amount of dividends payable per share on RVMTP Shares of a Series accumulated
for each such Rate Period (or part thereof) shall be computed by (i)
multiplying the Dividend Rate in effect for RVMTP Shares of such Series for
such Rate Period (or part thereof) by a fraction, the numerator of which shall
be the actual number of calendar days in such Rate Period (or part thereof) and
the denominator of which shall be the actual number of calendar days in the
year in which such Rate Period (or such part thereof) occurs (365 or 366) and
(ii) multiplying the product determined pursuant to clause (i) by the
Liquidation Preference for a share of such Series.</font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(b)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Dividends on RVMTP
Shares of each Series with respect to any Dividend Period shall be declared to
the Holders of such shares as their names shall appear on the registration books
of the Fund at the close of business on each calendar day in such Dividend
Period and shall be paid as provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(f)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">. </font></h3>

<h3 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(c)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; No full
dividends or other distributions shall be declared or paid on shares of a
Series of RVMTP Shares for any Dividend Period or part thereof unless full
cumulative dividends and other distributions due through the most recent
dividend payment dates therefor for all outstanding shares of Preferred Stock (including
shares of other Series of RVMTP Shares) ranking on a parity with such Series of
RVMTP Shares have been or contemporaneously are declared and paid through the
most recent dividend payment dates therefor.&#160; If full cumulative dividends or
other distributions due have not been declared and paid on all such outstanding
shares of Preferred Stock of any series, any dividends and other distributions
being declared and paid on RVMTP Shares of a Series will be declared and paid </font></h3>
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<h3 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">as nearly pro rata as possible in proportion to the
respective amounts of dividends and other distributions accumulated but unpaid
on the shares of each such series of Preferred Stock on the relevant dividend payment
date for such series.&#160; Subject to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.11</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof and, for so long
as it remains in effect, Section 2.3 of the Purchase Agreement, no Holders of
RVMTP Shares shall be entitled to any dividends or other distributions, whether
payable in cash, property or shares, in excess of full cumulative dividends and
other distributions as provided in this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(c)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> on such RVMTP
Shares.</font></h3>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">For so long as any RVMTP Shares are Outstanding, the Fund shall
not:&#160; (x) declare or pay any dividend or other distribution (other than a
dividend or distribution paid in shares of Common Stock) in respect of the
Common Stock, (y)&nbsp;redeem, purchase or otherwise acquire for consideration
any shares of Common Stock, or (z) pay any proceeds of the liquidation of the
Fund in respect of the shares of Common Stock, unless, (1) in each case, (A)
all cumulative dividends and other distributions on all RVMTP Shares and all
other series of Preferred Stock ranking on a parity with the RVMTP Shares due
on or prior to the date the applicable dividend, distribution, redemption,
purchase or acquisition shall have been declared and paid (or shall have been
declared and Deposit Securities (in the case of the RVMTP Shares) or other
sufficient securities or funds (in the case of other Preferred Stock, as
applicable) for the payment thereof shall have been deposited irrevocably with
the paying agent for such Preferred Stock) and (B) the Fund shall have
deposited Deposit Securities pursuant to and in accordance with the
requirements of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.6(e)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof with respect to
Outstanding RVMTP Shares of any Series to be redeemed pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
or </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof for which a Notice of Redemption shall
have been given or shall have been required to be given in accordance with the
terms hereof on or prior to the date of the applicable dividend, distribution,
redemption, purchase or acquisition; and (2) in the case of any action
described in clause (x) or (y) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(c)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, immediately
thereafter, the Fund shall have 1940 Act Asset Coverage of at least the Minimum
Asset Coverage Level and each Overcollateralization Ratio shall be equal to or
greater than the Minimum Overcollateralization Level, in each case after
deducting the amount of such dividend or distribution or redemption or purchase
price or liquidation proceeds.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Any dividend payment made on RVMTP Shares of a Series shall first
be credited against the dividends and other distributions accumulated </font></h4>
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<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">with respect to the earliest Dividend Period for such
Series for which dividends and distributions have not been paid.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Not later than 12:00 noon, New York City time, on the Dividend
Payment Date for a Series of RVMTP Shares, the Fund shall deposit with the
Calculation and Paying Agent Deposit Securities having an aggregate Market
Value on such date sufficient to pay the dividends and other distributions, if
any, that are payable on such Dividend Payment Date in respect of such Series.&#160;
The Fund may direct the Calculation and Paying Agent with respect to the
investment or reinvestment of any such Deposit Securities so deposited prior to
the Dividend Payment Date, provided that such investment consists exclusively
of Deposit Securities and provided further that the proceeds of any such
investment will be available as same-day funds at the opening of business on
such Dividend Payment Date.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(e)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">All Deposit Securities deposited with the Calculation and Paying
Agent for the payment of dividends payable on a Series of RVMTP Shares shall be
held in trust for the payment of such dividends by the Calculation and Paying
Agent for the benefit of the Holders of such Series entitled to the payment of
such dividends pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.2(f)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Any moneys paid to the
Calculation and Paying Agent in accordance with the foregoing but not applied
by the Calculation and Paying Agent to the payment of dividends, including
interest earned on such moneys while so held, will, to the extent permitted by
law, be repaid to the Fund as soon as possible after the date on which such
moneys were to have been so applied, upon request of the Fund.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(f)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividends and any distributions made pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
on RVMTP Shares of a Series shall be paid on each Dividend Payment Date for
such Series, out of funds legally available therefor under applicable law,
when, as and if declared by the Board of Directors, to the Holders of RVMTP Shares
of such Series as their names appear on the registration books of the Fund at
the close of business on the calendar day immediately preceding such Dividend
Payment Date (or if such calendar day is not a Business Day, the next preceding
Business Day).&#160; Dividends and any distributions made pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
in arrears on RVMTP Shares of a Series for any past Dividend Period may be
declared (to the extent not previously declared) and paid at any time, without
reference to any regular Dividend Payment Date, to the Holders of RVMTP Shares
of such Series as their names appear on the registration books of the Fund on such
date, not exceeding fifteen (15) calendar days preceding the payment date
thereof, as may be fixed by the Board of Directors.&#160; No interest or sum of money in lieu of interest will be payable in respect of
any dividend payment or payments or other distributions on RVMTP Shares of any
Series which may be in arrears.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(g)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Dividend Rate on a Series of RVMTP Shares shall be
adjusted to the Increased Rate for each Increased Rate Period (as hereinafter
defined).&#160; Subject to the cure provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(iii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, a Rate
Period with respect to a Series of RVMTP Shares shall be deemed to be an &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Increased
Rate Period</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; if on the first calendar day of such Rate Period, </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(A) the Fund has failed to
deposit with the Calculation and Paying Agent by 12:00 noon, New York City
time, on a Dividend Payment Date for such Series, Deposit Securities that will
provide funds available to the Calculation and Paying Agent on such Dividend
Payment Date sufficient to pay the full amount of any dividend (including any
Additional Amount Payments) on such Series payable on such Dividend Payment
Date (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Default</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) and such Dividend Default has not
ended as contemplated by </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(B) the Fund has failed to
deposit with the Calculation and Paying Agent by 12:00 noon, New York City
time, on an applicable Redemption Date or Mandatory Tender Redemption Date for
such Series, Deposit Securities that will provide funds available to the
Calculation and Paying Agent on such Redemption Date or Mandatory Tender
Redemption Date sufficient to pay the full amount of the Redemption Price
payable in respect of such Series on such Redemption Date or Mandatory Tender
Redemption Date (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption Default</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) and such Redemption
Default has not ended as contemplated by </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(C) any Rating Agency has
withdrawn the credit rating required to be maintained with respect to such
Series pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.8</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> other than due to the Rating
Agency ceasing to rate tax-exempt closed-end management investment companies
generally and such withdrawal is continuing (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency
Withdrawal</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;); </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> that such Rating Agency Withdrawal will
not cause an Increased Rate Period if at least one other Rating Agency
continues to rate such Series; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(D) a Ratings Event (as defined
below) has occurred and is continuing with respect to such Series;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(E) (i) a court or other
applicable governmental authority has made a final determination that for U.S.
federal income tax purposes the RVMTP Shares do not
qualify as equity in the Fund and such determination has not been repealed,
revoked or rescinded and (ii) such determination results from an act or failure
to act on the part of the Fund (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Tax Event</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;); </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
that no Increased Rate Period shall be triggered pursuant to this clause (E)
with respect to a determination of taxability that gives rise to an Additional
Amount Payment;</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(F) the declaration, payment or
setting apart for payment of any dividend or other distribution in violation of
these Articles Supplementary or the laws applicable to the Fund with respect to
the payment of dividends or distribution of the Fund's assets;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(G) the Fund has failed to pay
when due the full amount of any Additional Amount Payment required to be paid
pursuant to these Articles Supplementary (other than a failure by the Fund to
so pay due to the lack of legally available funds under applicable law or
because of any other applicable law restrictions on such payments). &#160;This Increased
Rate Period will be considered cured on the date the Fund pays the full amount
of such Additional Amount Payment required to be paid pursuant to these
Articles Supplementary;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(H) the Fund shall have made an
investment in violation of Section 6.11 of the Purchase Agreement and failed to
dispose of such investment by the tenth (10th) Business Day following receipt
by the Fund of written notice of such violation from the Purchaser.&#160; This Increased
Rate Period shall be considered cured on the date the Fund has disposed of any
such investments of which it has received such notice; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(I) any violation of Section
7.15 (other than Section 7.15(c) and Section 7.15(e)) of the Purchase Agreement
continuing past the expiration of any grace or cure period provided for
therein. &#160;This Increased Rate Period shall be considered cured on the date the
Fund returns to compliance with Section 7.15 of the Purchase Agreement;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(J) any violation of Article VI
of the Purchase Agreement;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(K) the Fund has failed to
maintain settlement of the RVMTP Shares in global book entry form through the
Securities Depository. &#160;This Increased Rate Period will be considered cured on
the date the Fund next maintains settlement of the RVMTP Shares in global book
entry form through the Securities Depository; </font></p>


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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(L)
the Fund files a voluntary application for relief under federal bankruptcy law
or any similar application under state law while the Fund is solvent and does
not reasonably foresee becoming insolvent. &#160;This Increased Rate Period will be
considered cured on the date such filing or application has been withdrawn,
rescinded or dismissed; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(M) the audits of the Fund's
financial statements are not conducted in accordance with the standards of the
Public Company Accounting Oversight Board (United States). &#160;This Increased Rate
Period will be considered cured on the date the Fund produces financial
statements audited in accordance with the standards of the Public Company
Accounting Oversight Board (United States); or</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(N) the Fund has failed to
establish the Term Redemption Liquidity Account in accordance with these
Articles Supplementary.&#160; This Increased Rate Period will be considered cured on
the date the Fund next establishes the Term Redemption Liquidity Account in
accordance with these Articles Supplementary.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Ratings Event</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
shall be deemed to exist with respect to any Series of RVMTP Shares at any time
such RVMTP Shares have a long-term credit rating from at least one-half of the
Rating Agencies designated at such time that is Below Investment Grade.&#160; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">For the avoidance of doubt, no
determination by any court or other applicable governmental authority that requires
the Fund to make an Additional Amount Payment in respect of a Taxable
Allocation shall be deemed to be a Tax Event hereunder.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Subject to the cure provisions of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(g)(iii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, a
Dividend Default or a Redemption Default on a Series of RVMTP Shares shall end
on the Business Day on which, by 12:00 noon, New York City time, an amount
equal to all accumulated but unpaid dividends on such Series and any unpaid
Redemption Price on such Series shall have been deposited irrevocably in trust
in same-day funds with the Calculation and Paying Agent.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">No Increased Rate Period for a Series of RVMTP Shares with
respect to any Dividend Default or Redemption Default on such Series shall be
deemed to have commenced if the amount of any dividend or any Redemption Price
due in respect of such Series (if such Default is not solely due to the willful
failure of the Fund) is deposited irrevocably in trust, in </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_26"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">same-day
funds, with the Calculation and Paying Agent by 12:00 noon, New York City time,
on a Business Day that is not later than three (3) Business Days after the
applicable Dividend Payment Date or Redemption Date for such Series with
respect to which such Default occurred, together with an amount equal to the
Increased Rate on such shares applied to the aggregate Liquidation Preference
of and for the period, if any, of non-payment on a Series of RVMTP Shares of
the applicable dividend, determined as provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, or
the applicable Redemption Price, determined as provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(h)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Designation of Special Terms Period</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Right to Designate a Special Terms Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; The Fund,
acting in its sole and absolute discretion but otherwise subject to the terms
of these Articles Supplementary, after the Lock-Out Date, may designate a &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Special
Terms Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot; with respect to any Series of RVMTP Shares (which, for
the avoidance of doubt, shall apply to all RVMTP Shares of such Series), during
which period, such terms may differ from those provided in these Articles
Supplementary and applicable Appendix and may include, without limitation,
changes to the Dividend Rate, Dividend Payment Dates, redemption provisions
(including, without limitation, the Term Redemption Date or the Early Term
Redemption Date), required Effective Leverage Ratio, and Additional Amount
Payment provisions; provided that such special terms shall not, in any event,
affect the parity ranking of such Series of RVMTP Shares relative to any other
Series of RVMTP Shares or any other series of Preferred Stock of the Fund then
outstanding as to the payment of dividends and the distribution of assets upon
dissolution, liquidation or winding up of the affairs of the Fund. The
effectiveness of any change to the terms of the RVMTP Shares pursuant to the
exercise by the Fund of its right to designate a Special Terms Period with
respect to any Series of RVMTP Shares shall be subject to the filing of an
amendment to the terms of such RVMTP Shares that has been approved by the Board
of Directors and approved by 100% of the Holders of the affected Series of
RVMTP Shares in the manner set forth in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; For the
avoidance of doubt, (A) the terms of any such Special Terms Period that may be effected
pursuant to the foregoing sentence shall amend and/or replace the applicable
provisions of these Articles Supplementary (and/or the relevant Appendix for
the affected Series) that are in effect at the time such Special Terms Period
is designated and (B) subject to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the terms of these
Articles Supplementary that were in effect at the most recent time during which
no Special Terms Period was in effect will automatically </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">continue
to be in effect immediately following the end of a Special Terms Period unless
a subsequent Special Terms Period has been designated that will take effect
immediately following the prior Special Terms Period, if the Holders of the
RVMTP Shares have made an election to retain the RVMTP Shares with respect to
the Mandatory Tender Date corresponding to the final date of such Special Terms
Period and/or the RVMTP Shares of any Holders that have not made such election,
if any, are Remarketed pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Length of and Preconditions for Special Terms Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; Any
Special Terms Period shall commence on a designated Thursday and end on the
earlier of a designated Wednesday or the applicable Redemption Date or
Mandatory Tender Redemption Date, as the case may be. &#160;A designation of a
Special Terms Period shall become effective only if (1) notice thereof shall
have been given to the Holders of the affected Series of RVMTP Shares in
accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(h)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> and </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, (2) full cumulative
dividends and any amounts due with respect to redemptions payable on the affected
Series of RVMTP Shares prior to such Special Terms Period commencement date
have been paid in full, (3) such designation of a Special Terms Period shall
not become effective prior to twenty-four (24) months subsequent to the Date of
Original Issue of the affected Series of RVMTP Shares, (4) all of the
Outstanding RVMTP Shares of the affected Series shall be subject to such
Special Terms Period, and (5) all of the Outstanding RVMTP Shares of the
affected Series that are subject to Remarketing in connection with the Mandatory
Tender triggered by the designation of the Special Terms Period are
successfully Remarketed (except to the extent any applicable Holders of such
affected Series of RVMTP Shares have affirmatively elected to retain their
RVMTP Shares of such Series for the Special Terms Period). &#160;Any failure to
satisfy the conditions to a Special Terms Period shall result in such Special
Terms Period not becoming effective.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notice of Special Terms Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; If the Fund proposes to
designate a Special Terms Period, a Notice of Special Terms Period (as defined
below) shall be delivered not less than thirty (30) days (or such lesser number
of days as may be agreed to from time to time by the Holders of the affected
Series of RVMTP Shares and the Remarketing Settlement Agent) prior to the date
the Fund proposes to designate as the first day of such Special Terms Period. &#160;The
terms of any proposed Special Terms Period shall be contained in a notice (a &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notice
of Special Terms Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;) that shall be sent by the Fund or its
designee by Electronic Means or through or by </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">the
Securities Depository (or by first-class mail, postage prepaid, where the RVMTP
Shares of the affected Series are in physical form outside the book-entry
system of the Securities Depository) to the Holders of the affected Series of
RVMTP Shares, with copies provided by the Fund to the Remarketing Settlement
Agent and the Calculation and Paying Agent via Electronic Means and by the Fund
or its designee to the initial Holder of the affected Series of RVMTP Shares in
accordance with the notice provisions in the Purchase Agreement. &#160;Each such
notice shall state (A) that the Fund has exercised its option to propose a
Special Terms Period with respect to such Series of RVMTP Shares, (B) the Rate
Determination Date immediately prior to the first day of such Special Terms
Period, (C) that such Special Terms Period shall not commence unless the
conditions precedent thereto in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(h)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> are satisfied, (D) a
description of the special terms to be applicable to such Series of RVMTP
Shares and (E) the date upon which such Series of RVMTP Shares shall be subject
to Remarketing pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> (except to the extent
affirmatively retained by any applicable Holder of RVMTP Shares of such Series
pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">).&#160; The Fund may provide in any Notice of
Special Terms Period that such Special Terms Period is subject to one or more
additional conditions precedent, in which case the special terms of such
Special Terms Period shall not become effective unless each such additional
condition has been satisfied or the Fund has waived each such condition. </font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000007"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidation Rights</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The RVMTP Shares shall rank on parity with each other, with
shares of any other Series of RVMTP Shares, and with shares of any other class
or series of Preferred Stock as to distribution of assets upon dissolution,
liquidation or winding-up of the affairs of the Fund.&#160; In this regard, the
provisions of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.3</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be applied consistently with all
other classes or series of Preferred Stock such that Holders of the RVMTP
Shares and holders of all other classes or series of Preferred Stock are
treated on parity with one another with respect to any such distribution.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">In the event of any liquidation, dissolution or winding up of the
affairs of the Fund, whether voluntary or involuntary, the Holders of RVMTP
Shares then Outstanding shall be entitled to receive out of the assets of the
Fund available for distribution to shareholders, after satisfying claims of
creditors but before any distribution or payment shall be made in respect of
the shares of Common Stock, a liquidation distribution equal to the Liquidation
Preference for such shares, plus an amount equal to all
unpaid dividends and other distributions on such shares accumulated to (but
excluding) the date fixed for such distribution or payment on such shares
(whether or not earned or declared by the Fund, but without interest thereon),
and such Holders shall be entitled to no further participation in any
distribution or payment in connection with any such liquidation, dissolution or
winding up.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If, upon any liquidation, dissolution or winding up of the
affairs of the Fund, whether voluntary or involuntary, the assets of the Fund
available for distribution among the Holders of all Outstanding RVMTP Shares
and any other outstanding shares of Preferred Stock ranking on a parity with
the RVMTP Shares shall be insufficient to permit the payment in full to such
Holders of the Liquidation Preference of such RVMTP Shares plus accumulated and
unpaid dividends and other distributions on such shares as provided in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.3(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> above and the amounts due upon liquidation with respect to such
other shares of Preferred Stock, then such available assets shall be
distributed among the Holders of such RVMTP Shares and such other shares of Preferred
Stock ratably in proportion to the respective preferential liquidation amounts
to which they are entitled.&#160; In connection with any liquidation, dissolution or
winding up of the affairs of the Fund, whether voluntary or involuntary, unless
and until the Liquidation Preference on each Outstanding RVMTP Share plus
accumulated and unpaid dividends and other distributions on such shares as provided
in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.3(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> above have been paid in full to the Holders of such
shares, no dividends, distributions or other payments will be made on, and no
redemption, purchase or other acquisition by the Fund will be made by the Fund
in respect of, the shares of Common Stock.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Neither the sale of all or substantially all of the property or
business of the Fund, nor the merger, consolidation or reorganization of the
Fund into or with any other business or statutory trust, corporation or other
entity, nor the merger, consolidation or reorganization of any other business
or statutory trust, corporation or other entity into or with the Fund shall be
a dissolution, liquidation or winding up, whether voluntary or involuntary, for
the purpose of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.3</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000008"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.4.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Coverage &amp; Leverage Tests</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1940 Act Asset Coverage Requirement</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For so long as RVMTP
Shares of any Series are Outstanding, the Fund shall have 1940 Act Asset
Coverage of at least the Minimum Asset Coverage Level as of the close of
business on each Business Day.&#160; If the Fund shall fail
to maintain such 1940 Act Asset Coverage of at least the Minimum Asset Coverage
Level as of any time as of which such compliance is required to be determined
as aforesaid, the provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(b)(i)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be
applicable, which provisions to the extent complied with shall constitute the
sole remedy for the Fund's failure to comply with the provisions of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.4(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Calculation of 1940 Act Asset Coverage</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For purposes of
determining whether the requirements of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> are satisfied,
(i) no RVMTP Shares of any Series or other shares of Preferred Stock shall be
deemed to be Outstanding for purposes of any computation required by </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.4(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> if, prior to or concurrently with such determination, sufficient
Deposit Securities (in the case of the RVMTP Shares) or other sufficient
securities or funds (in the case of other shares of Preferred Stock, as
applicable), in each case in accordance with the terms of such Series or other shares
of Preferred Stock, to pay the full redemption price for such Series or other shares
of Preferred Stock (or the portion thereof to be redeemed) have been deposited
in trust with the paying agent for such Series or other shares of Preferred Stock
and the requisite notice of redemption for such Series or other shares of Preferred
Stock (or the portion thereof to be redeemed) has been given, and (ii) the
Deposit Securities or other sufficient securities or funds, as applicable that
have been deposited with the applicable paying agent shall not be included as
assets of the Fund for purposes of such computation.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Effective Leverage Ratio Requirement</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Unless the Fund
receives the prior written consent of all Holders, for so long as RVMTP Shares
of any Series are Outstanding, the Effective Leverage Ratio shall not exceed 45%
as of the close of business on any Business Day; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
in the event that the Fund's Effective Leverage Ratio exceeds 45% on any
Business Day solely by reason of fluctuations in the market value of the Fund's
portfolio securities, the Effective Leverage Ratio shall not exceed 46% as of
the close of business on such Business Day.&#160; If the Effective Leverage Ratio
shall exceed the applicable percentage provided in the preceding sentence as of
any time as of which such compliance is required to be determined as aforesaid,
the provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(b)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be applicable, which
provisions to the extent complied with shall constitute the sole remedy for the
Fund's failure to comply with the provisions of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(c)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>


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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Calculation of Effective Leverage Ratio</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For purposes of
determining whether the requirements of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(c)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> are satisfied,
the &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Effective Leverage Ratio</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; on any date of determination shall
mean the quotient of:</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The sum of (A) the aggregate liquidation preference of the Fund's
&quot;senior securities&quot; (as that term is defined in the 1940 Act) that
are stock for purposes of the 1940 Act (plus any accumulated but unpaid
dividends thereon), excluding, without duplication, (1) any such senior
securities for which the Fund has issued a notice of redemption and either has
delivered Deposit Securities or other sufficient securities or funds, (as
applicable in accordance with the terms of such senior securities) to the
paying agent for such senior securities or otherwise has adequate Deposit
Securities or sufficient securities or funds on hand for the purpose of such
redemption (as applicable in accordance with the terms of such senior
securities) and (2) any such senior securities that are to be redeemed with net
proceeds from the sale of the RVMTP Shares, for which the Fund has delivered
Deposit Securities or other sufficient securities or funds (as applicable in
accordance with the terms of such senior securities) to the paying agent for
such senior securities or otherwise has adequate Deposit Securities or
sufficient securities or funds on hand (as applicable in accordance with the
terms of such senior securities) for the purpose of such redemption; (B) the
aggregate principal amount of the Fund's &quot;senior securities representing
indebtedness&quot; (as that term is defined in the 1940 Act) plus any
accumulated but unpaid interest thereon; (C) the aggregate amount of the
purchase price component payable for a repurchase under reverse repurchase
agreements entered into by the Fund; and (D) the aggregate principal amount of
floating rate securities not owned by the Fund that correspond to the associated
residual floating rate securities owned by the Fund; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">divided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">by</font></u></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The sum of (A) the Market Value of the Fund's total assets
(including amounts attributable to senior securities, but excluding any assets
consisting of Deposit Securities or other securities or funds referred to in
clauses (A)(1) and (A)(2) of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(d)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> above), less the amount
of the Fund's accrued liabilities (other than liabilities for the aggregate
principal amount of &quot;senior securities representing indebtedness&quot; (as
that term is defined in the 1940 Act), including floating rate securities); (B)
the aggregate amount of the purchase price component payable for a repurchase
under reverse repurchase agreements entered into by the Fund; and (C) to the
extent not included in clause (A) above, the aggregate principal amount of
floating rate securities not owned by the Fund that correspond to the
associated residual floating rate securities owned by the Fund.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(e)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Overcollateralization Ratio Requirement</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For so long as
RVMTP Shares of any Series are Outstanding, the Fund shall maintain, on each
Valuation Date, and shall verify to its satisfaction that it is maintaining on
such Valuation Date, Fitch Eligible Assets (if Fitch is then rating the RVMTP
Shares) and Other Rating Agency Eligible Assets (if any Other Rating Agency is
then rating the RVMTP Shares) having an aggregate Discounted Value that will cause each applicable
Overcollateralization Ratio to be equal to or greater than the Minimum
Overcollateralization Level.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(f)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency Certificates</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The Fund shall deliver to
each Rating Agency which is then rating the RVMTP Shares, as well as to any
other party specified in the Rating Agency Guidelines of each such Rating
Agency, all certificates that are set forth in the respective Rating Agency
Guidelines regarding Asset Coverage, Overcollateralization Ratio and/or related
calculations at such times and containing such information as set forth in the
respective Rating Agency Guidelines (each, a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agency Certificate</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).&#160;
A failure by the Fund to deliver a Rating Agency Certificate with respect to
any required Overcollateralization Ratio shall be deemed to be delivery of a
Rating Agency Certificate indicating that such Overcollateralization Ratios are
less than the Minimum Overcollateralization Level as of the relevant Valuation
Date; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that the Fund shall have the ability to
cure such failure to deliver a Rating Agency Certificate within one day of
receipt of notice from such Rating Agency that the Fund failed to deliver such
Rating Agency Certificate.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000009"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.5.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender and Remarketing</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
The RVMTP Shares shall be subject to Mandatory Tender and Remarketing as
provided below:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender of RVMTP Shares</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Subject to the Holders' election to retain the RVMTP Shares
provided for in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> below, any Series of RVMTP Shares
shall become subject to Mandatory Tender upon the occurrence of: </font></h4>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">any date that is </font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">twenty (</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">20) Business
Days</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> </font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">prior to each Early Term Redemption Date
of such Series of RVMTP Shares as set forth in clause (i) of the definition
thereof in the Appendix for such Series,</font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">any date on which the Fund delivers a Notice
of Special Terms Period designating a Special Terms Period for such Series of
RVMTP Shares pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(h)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, or</font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(C)</font><font face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">the date that is twenty (</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">20) Business
Days</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> prior to the last day of any Special Terms
Period, provided that such date shall not trigger a Mandatory Tender Event if,
either (1) a subsequent Special Terms Period has been designated and agreed to by
the Holders or (2) </font></h5>
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</DIV>
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<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">such date is within twenty (20)
Business Days of either the Term Redemption Date or an Optional Redemption Date
(each of (A), (B) and (C), a &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Mandatory Tender Event</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;).</font></h5>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Upon the occurrence of a Mandatory Tender Event with respect to a
Series of RVMTP Shares, the Fund shall issue or cause to be issued a notice of
Mandatory Tender for Remarketing on the Mandatory Tender Date (as defined
below) to the Holders of such Series of RVMTP Shares through the Securities
Depository as a communication from the Securities Depository (the &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notice
of Mandatory Tender</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;).&#160; Such Notice of Mandatory Tender shall specify
that such Mandatory Tender is subject to the election of the Holders of such
Series of RVMTP Shares to retain as described in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> of these
Articles Supplementary.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The Mandatory Tender Dates corresponding to the Mandatory Tender
Events listed in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> above are as follows, with each
Mandatory Tender Date subject to the Holders' election to retain the RVMTP
Shares in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(iv):</font></u></h4>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">in the case of a Mandatory Tender Event described in </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)(A)</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the date </font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">twenty (</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">20) Business Days</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> </font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">following the date of such Mandatory Tender Event,</font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">in the case of a Mandatory Tender Event described in </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)(B)</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the date on which such Special Terms Period is to become effective pursuant to </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.2(h)</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, and</font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(C)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">in the case of a Mandatory Tender Event described in </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)(C)</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the last day of the related Special Terms Period (in the case of (A), (B) or (C),
such date, the &quot;</font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Mandatory Tender Date</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;).</font></h5>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iv)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notwithstanding </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> above, the Holders of
any affected Series of RVMTP Shares may elect to retain such RVMTP Shares by
providing notice of such election to the Fund and/or to the Remarketing
Settlement Agent, if any, and to the Securities Depository as specified in the Notice
of Mandatory Tender no later than the 10<sup>th</sup> Business Day prior to the
Mandatory Tender Date, in which case the affected RVMTP Shares of the electing
Holder shall no longer be subject to Mandatory Tender on the corresponding
Mandatory Tender Date and shall not be subject to Remarketing (or shall no
longer continue to be subject to Remarketing) pursuant to the procedures
described in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> below; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">however</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, with
respect to any Mandatory Tender Event occurring pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(i)(B)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
any such election to retain shall not be effective unless accompanied or
preceded by the delivery of such Holder's consent to all amendments to the
terms of the affected Series of RVMTP Shares as required in connection with a
designation of a Special Terms Period pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.2(h)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
above.</font></h4>


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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketing of RVMTP Shares.</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160; The RVMTP Shares subject to
Mandatory Tender as provided for in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be Remarketed
in accordance with the following procedures:</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Subject to restrictions on transfer set forth in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.19(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, a Holder of RVMTP Shares subject to Mandatory Tender may enter
into trade documentation with a purchaser for the RVMTP Shares (which, for the
avoidance of doubt, shall be with respect to all the RVMTP Shares of such
Series) with respect to the terms governing such transfer that (A) are
reasonably satisfactory to both the Holder of the RVMTP Shares and such
purchaser and (B)&nbsp;provide for the sale of the RVMTP Shares subject to
Mandatory Tender on the Mandatory Tender Date; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> that (1) the
Holder of the RVMTP Shares notifies the Fund in writing of such trade
documentation by the second (2<sup>nd</sup>) Business Day immediately preceding
the Mandatory Tender Date confirming that the trade documentation satisfies the
conditions in this sentence and providing that all RVMTP Shares will be sold
thereunder and (2) following such Remarketing of RVMTP Shares, via execution of
such trade documentation, the Fund shall provide, or cause to be provided, a
notice through the Securities Depository cancelling the Mandatory Tender with
respect to the RVMTP Shares so Remarketed.&#160; At any time following a Mandatory
Tender Event and before the corresponding Mandatory Tender Date, the Fund may
designate a Remarketing Settlement Agent to assist with the Remarketing in
accordance with the terms of the Remarketing Settlement Agent Agreement.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">If, after giving effect to elections to retain RVMTP Shares given
by Holders pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, all of the RVMTP Shares
subject to Mandatory Tender are not Remarketed pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
with binding trade documentation in place by the fifth (5<sup>th</sup>) Business
Day preceding the Mandatory Tender Date, then the Fund and its agents shall
take the following Remarketing actions:</font></h4>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The Fund shall designate a Remarketing Settlement Agent to assist
with the Remarketing in accordance with the terms of the Remarketing Settlement
Agent Agreement. </font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">If any purchaser is identified and has agreed by the Mandatory
Tender Date to purchase all of the RVMTP Shares that remain subject to
Mandatory Tender on the Mandatory Tender Date, the Remarketing Settlement Agent
shall (1) give written notice by Electronic Means to the Holders of such RVMTP
Shares, with a copy to the Fund and the Calculation and Paying Agent, that the
purchaser has been identified and agreed to purchase such RVMTP Shares on the
Mandatory Tender Date; (2) collect the Remarketing Purchase Price via wire
transfer from such purchaser on the Mandatory Tender Date; (3) wire the
Remarketing Purchase Price to the Securities Depository for delivery to the
current Holder of the RVMTP Shares subject to </font></h5>
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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Mandatory
Tender on the Mandatory Tender Date; and (4) direct that such RVMTP Shares be
delivered to the Remarketing Settlement Agent.</font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(C)</font><font color=black face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The Remarketing Settlement Agent shall then direct transfer of
the RVMTP Shares subject to Mandatory Tender to the purchaser through the
Securities Depository on the Mandatory Tender Date. </font></h5>

<h5 style="margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">For the avoidance of doubt,
in the event of a successful Remarketing of all RVMTP Shares subject to
Mandatory Tender pursuant to </font><u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.5(b)</font></u><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, such Mandatory Tender will
be cancelled and the Fund shall provide, or cause to be provided, a notice
through the Securities Depository cancelling the Mandatory Tender with respect
to the RVMTP Shares so Remarketed.</font></h5>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Failed Remarketing and Mandatory Tender</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; With
respect to a Mandatory Tender Event </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">described</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(i)(B)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, if, for any reason (other than a failure to
timely deliver RVMTP Shares subject to a Mandatory Tender and only to the
extent that such failure to deliver is caused by administrative issues and is
cured within two (2) Business Days), all of the RVMTP Shares subject to
Mandatory Tender are not Remarketed by the related Mandatory Tender Date
pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or are not then subject to an election to
retain pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, then (A) a failed remarketing
shall be deemed to have occurred (which, for the avoidance of doubt, shall be
with respect to all RVMTP Shares subject to the Mandatory Tender) (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Failed
Remarketing</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) that may trigger the application of a Failed Remarketing
Spread as described in clause (ii) of the definition thereof and (B) all such
RVMTP Shares shall be retained by their respective Holders, and no such RVMTP
Shares shall be purchased on the Mandatory Tender Date; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
if a Failed Remarketing is continuing for six (6) months, then all such RVMTP
Shares shall be redeemed by the Fund on the date that is six (6) months
following the Mandatory Tender Date (or if such day is not a Business Day, the
next succeeding Business Day) pursuant to the Mandatory Tender redemption procedure
described in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Sections 2.6(a)(iv)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(e)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below.&#160; During the
period of any such Failed Remarketing, the shares remain subject to Remarketing
pursuant to the procedures described in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For the
avoidance of doubt, such RVMTP Shares shall remain subject to redemption on the
then current Early Term Redemption Date, the Optional Redemption Date and the
Redemption Date.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; With
respect to a Mandatory Tender Event described in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(i)(A) or 2.5(a)(i)(C)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
if any RVMTP Shares subject to Mandatory Tender are not Remarketed by the
Mandatory Tender Date, then all such RVMTP Shares shall be redeemed by the Fund
on the Mandatory Tender Date pursuant to the Mandatory Tender redemption
procedure described in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Sections 2.6(a)(iv)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(e)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below. </font></p>

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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Redemption</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Each Series
of RVMTP Shares shall be subject to redemption by the Fund as provided below:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption and Mandatory Tender Redemption</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term
Redemption</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Subject to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(e)(v)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, 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, 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 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 &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Price</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;);
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that the Term Redemption Date for such Series
of RVMTP Shares may be extended pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(iii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (A)&#160;&#160;&#160;&#160;&#160;&#160; The
Fund shall have the right, exercisable not more than three hundred and
sixty-five (365) calendar days nor less than one hundred and twenty (120)
calendar days prior to the Term Redemption Date of a Series of RVMTP Shares, to
request by notice (accompanied by a No Adverse Effect Opinion) that each
Designated Owner of such RVMTP Shares extend the Term Redemption Date for such
Series of RVMTP Shares by at least an additional three hundred and sixty-five
(365) calendar days (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Designated Owner Term Extension Request</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;),
which request may be conditioned upon terms and conditions that are different
from the terms and conditions set forth herein or in the Appendix applicable to
such Series of RVMTP Shares.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(B) Each
Designated Owner shall, no later than sixty (60) calendar days after receiving
a Designated Owner Term Extension Request, notify the Fund and the Calculation
and Paying Agent of its acceptance or rejection of such request, which
acceptance by such Designated Owner may be conditioned upon terms and conditions
that are different from the terms and conditions set forth herein or the terms
and conditions proposed the Fund in making a Designated Owner Term Extension
Request (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Conditional Acceptance</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).&#160; A Conditional
Acceptance conditioned upon terms and conditions that are accepted by the Fund
and that are different from the terms and conditions set forth herein shall be
deemed to be a consent by such Designated Owner to amend these Articles
Supplementary to reflect such different terms and conditions, but only with
respect to the RVMTP Shares of such Series beneficially owned by such
Designated Owner.&#160; To the extent that a Designated Owner of RVMTP Shares of a
Series of RVMTP Shares subject to a Designated Owner Term Extension Request
rejects such Designated Owner Term Extension Request
pursuant to this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)(B),</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or is deemed to reject
such Designated Owner Term Extension Request pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)(C)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
below, the RVMTP Shares of such Series beneficially owned by such Designated
Owner shall be subject to redemption as provided in these Articles
Supplementary, without giving effect to any Designated Owner Term Extension
Request.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(C) If any Designated Owner fails to notify the Fund or the Calculation
and Paying Agent of its acceptance or rejection of the Fund's Designated Owner
Term Extension Request within such sixty (60) calendar day period, such failure
to respond will be deemed a rejection of such Designated Owner Term Extension
Request by such Designated Owner.&#160; If a Designated Owner of RVMTP Shares
provides a Conditional Acceptance, then the Fund shall have sixty (60) calendar
days thereafter to notify such Designated Owner of its acceptance or rejection
of the terms and conditions specified in the Conditional Acceptance.&#160; The Fund's
failure to notify such Designated Owner within such sixty (60) calendar day
period will be deemed a rejection of the terms and conditions specified in the
Conditional Acceptance.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(D) Each Designated Owner of a Series of RVMTP Shares may grant or deny
any Designated Owner Term Extension Request applicable to such Series of RVMTP
Shares in its sole and absolute discretion.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(E) Unless the Fund and any Designated Owner of RVMTP Shares that has
agreed to a Designated Owner Term Extension Request otherwise agree pursuant to
the procedures described in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section </font></u><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(</font></u><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">a)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, in the event
that the Term Redemption Date of a Series of RVMTP Shares is extended pursuant
to this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section </font></u><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(</font></u><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">a)(ii),</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> the Liquidity Account Initial Date, as set forth in the
Appendix establishing such Series, shall be extended accordingly, as provided
in such Appendix, with respect to the RVMTP Shares of such Series held by such
Designated Owner.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Fund shall have
the right, exercisable not less than sixty (60) calendar days prior to the Term
Redemption Date of a Series of RVMTP Shares, to request by notice (accompanied
by a No Adverse Effect Opinion) to the Holders of 100% of the Outstanding RVMTP
Shares of such Series, an extension of the Term Redemption Date (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Holder
Term Extension Request</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).&#160; Any failure by a Holder to respond or agree
to such Holder Term Extension Request in writing
within sixty (60) calendar days of the receipt thereof shall be deemed to be a
rejection of the extension request and the Term Redemption Date may only be
extended pursuant to this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section </font></u><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(</font></u><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">a)(iii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> upon the written consent of 100% of the Holders of the RVMTP
Shares of such Series.&#160; In the event that the Term Redemption Date of a Series
of RVMTP Shares is extended pursuant to this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section </font></u><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.6(</font></u><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">a)(iii),</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> the Liquidity
Account Initial Date, as set forth in the Appendix establishing such Series,
shall be extended accordingly, as provided in such Appendix.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;page-break-after:avoid;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory
Tender Redemption</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; </font></p>

<p style="margin:0in;margin-bottom:12.0pt;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(A) </font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Following a Mandatory Tender Event
of the kind described in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(i)(A)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> 2.5(a)(i)(C)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
any RVMTP Shares subject to such Mandatory Tender Event that are not subject to
an election to retain by the Holders pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and
have not been successfully Remarketed by the related Mandatory Tender Date
pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(b)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be redeemed by the Fund on such
Mandatory Tender Date (the date of such redemption, &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender
Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;), at a price per share equal to the Liquidation
Preference per share plus an amount equal to all unpaid dividends and other
distributions on such RVMTP Shares accumulated from and including the Date of
Original Issue of such RVMTP Shares to (but excluding) the Mandatory Tender
Redemption Date (whether or not earned or declared by the Fund, but excluding
interest thereon) (the &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Tender Redemption Price</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).</font></p>

<p style="margin:0in;margin-bottom:12.0pt;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(B) </font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Following a Mandatory Tender Event
of the kind described in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(i)(B)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, any RVMTP Shares subject
to such Mandatory Tender Event that are not subject to an election to retain by
the Holders pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and have not been
successfully Remarketed by the date that is six (6) months following the related
Mandatory Tender Date pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(b)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be redeemed by
the Fund on such date (the date of such redemption being the Mandatory Tender
Redemption Date with respect to such RVMTP Shares) at the Mandatory Tender
Redemption Price.&#160; For the avoidance of doubt, such RVMTP Shares shall remain
subject to redemption on the then current Early Term Redemption Date, the
Optional Redemption Date and the Redemption Date.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If a Mandatory Tender Redemption Date occurs pursuant to this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.6(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and such date is prior to the Lock-Out Date, then the Optional
Redemption Premium shall be payable on such Mandatory Tender Redemption Date in
addition to the Mandatory Tender Redemption Price.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Mandatory Redemption for Failure to Maintain Required 1940 Act
Asset Coverage, Overcollateralization Ratio and Effective Leverage Ratio</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">1940 Act Asset Coverage or Overcollateralization Ratio
Mandatory Redemption</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; </font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;">&nbsp;</h4>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">37</font></p>
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</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A) If
the Fund fails to comply with the 1940 Act Asset Coverage requirement as
provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> as of any time as of which such compliance is
required to be determined in accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> or fails to
comply with the Overcollateralization Ratio requirement as provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.4(e)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> as of any Valuation Date, and in either case such failure is not
cured as of the applicable Cure Date other than as a result of the redemption
required by this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall, to the extent
permitted by the 1940 Act and Maryland law, by the close of business on the
second (2<sup>nd</sup>) Business Day next following such Cure Date, cause a notice
of redemption to be issued, in accordance with the terms of the Preferred Stock
to be redeemed.&#160; In addition, in accordance with the terms of the Preferred Stock
to be redeemed, the Fund shall cause to be deposited Deposit Securities (in the
case of the RVMTP Shares) or other sufficient securities or funds (in the case
of any other shares of Preferred Stock, as applicable) in trust with the
Calculation and Paying Agent or other applicable paying agent, in each case in
accordance with the terms of the shares of Preferred Stock to be redeemed for
the redemption of a sufficient number of shares of Preferred Stock, which, to
the extent permitted by the 1940 Act and Maryland law, enable the Fund to meet
the requirements of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)(B)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; The Fund shall
allocate such redemption among different series of Preferred Stock (including
the shares of the Series of RVMTP Shares) as permitted pursuant to the 1940 Act
and Maryland law.&#160; In the event that any RVMTP Shares of a Series then
Outstanding are to be redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.6(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the Fund shall redeem such shares, out of funds legally available therefor, 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 Issue
to (but excluding) the date fixed for such redemption by the Board of Directors
(whether or not earned or declared by the Fund, but without interest thereon)
(the &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Mandatory Coverage Failure Redemption Price</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;).</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B) On the Redemption Date for
a redemption contemplated by </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall redeem
at the Mandatory Coverage Failure Redemption Price, out of funds legally
available therefor, such number of shares of Preferred Stock (which may include
at the sole option of the Fund any number or proportion of RVMTP Shares to the
extent permitted by the 1940 Act and Maryland law) as shall be equal to the
lesser of (x) the minimum number of shares of Preferred Stock, </font></h4>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">38</font></p>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_40"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">the redemption of which, if deemed to have occurred
immediately prior to the opening of business on the applicable Cure Date, would
result in the Fund having on such Cure Date, as applicable, 1940 Act Asset
Coverage of at least the Minimum Asset Coverage Level and each required
Overcollateralization Ratio of at least the Minimum Overcollateralization Level
(provided, however, that if there is no such minimum number of RVMTP Shares and
other shares of Preferred Stock the redemption or retirement of which would
have such result, all RVMTP Shares and other shares of Preferred Stock then
outstanding shall be redeemed), and (y) the maximum number of shares of Preferred
Stock that can be redeemed out of funds expected to be legally available
therefor.&#160; Notwithstanding the foregoing, in the event that shares of Preferred
Stock are redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund
may at its sole option, but is not required to, include in the number of shares
of Preferred Stock being mandatorily redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
a sufficient number of RVMTP Shares of any Series that, when aggregated with
other shares of Preferred Stock redeemed by the Fund, would result, if deemed
to have occurred immediately prior to the opening of business on the Cure Date,
in the Fund having on such Cure Date, as applicable, 1940 Act Asset Coverage of
up to and including 110% of the Minimum Asset Coverage Level and each required
Overcollateralization Ratio of up to and including 110% of the Minimum
Overcollateralization Level; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> that if the 1940 Act Asset
Coverage is increased to greater than the Minimum Asset Coverage Level or any
required Overcollateralization Ratio is increased to greater than the Minimum
Overcollateralization Level, the Optional Redemption Premium shall be due on
any such excess redemptions.&#160; The Fund shall effect such redemption on the date
fixed by the Fund therefor, which date shall not be later than thirty (30)
calendar days after such Cure Date, except that if the Fund does not have funds
legally available for the redemption of all of the required number of RVMTP
Shares and other shares of Preferred Stock which have been designated to be
redeemed or the Fund otherwise is unable to effect such redemption on or prior
to thirty (30) calendar days after such Cure Date, the Fund shall redeem those
RVMTP Shares and other shares of Preferred Stock which it was unable to redeem
on the earliest practicable date following such thirty (30) calendar day period
on which it is able to effect such redemption (based upon a number and
proportion of each series of Preferred Stock permitted by the 1940 Act and
Maryland law).&#160; If fewer than all of the Outstanding RVMTP Shares of a Series
are to be </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_41"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.6(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the number of RVMTP Shares of such Series to be redeemed from the respective
Holders shall be selected (A) pro rata among the Outstanding shares of such
Series, (B) by lot or (C) in such other manner as the Board of Directors may
determine to be fair and equitable, in each case, in accordance with the 1940
Act; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, that such method of redemption as set forth in clause
(A), (B) or (C) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)(B)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> shall be subject to
any applicable procedures established by the Securities Depository.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Effective Leverage Ratio Mandatory Redemption</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A) If (1) the Fund fails to
comply with the Effective Leverage Ratio requirement as provided in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
as of any time as of which such compliance is required to be determined in
accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(c),</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> (2) with respect to the initial Series
of RVMTP Shares issued pursuant to these Articles Supplementary, the Fund fails
to comply with the Effective Leverage Ratio requirement calculated as set forth
in (x) Section 6.13 of the Purchase Agreement applicable to such Series of
RVMTP Shares if such requirement is still in effect in accordance with the
terms of such Purchase Agreement and (y) the Appendix applicable to the initial
Series of RVMTP Shares, or (3) with respect to any other Series of RVMTP Shares
issued pursuant to these Articles Supplementary, the Fund fails to comply with
any additional requirements relating to the calculation of the Effective
Leverage Ratio pursuant to the Purchase Agreement (if any applicable requirement
exists or remains in effect in accordance with the terms of such Purchase
Agreement) or Appendix applicable to such Series of RVMTP Shares, and, in any
such case under clause (1), (2) or (3) above, such failure is not cured as of
the close of business on the date that is ten (10) Business Days following the
Business Day on which such non-compliance is first determined (the &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Effective
Leverage Ratio Cure Date</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;) other than as a result of the redemption or
other actions required by this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall
cause the Effective Leverage Ratio (calculated in accordance with the
requirements applicable to the determination of the Effective Leverage Ratio
under these Articles Supplementary, and under the Appendix and Purchase
Agreement for any applicable Series of RVMTP Shares in respect of which the
Effective Leverage Ratio is being determined) to not exceed the Effective
Leverage Ratio required under </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.4(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> as so determined, by (x)
not later than the close of business on the Business Day next following the
Effective Leverage Ratio Cure Date, engaging in transactions involving or
relating to the </font></h4>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">40</font></p>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_42"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">floating rate securities not owned by
the Fund and/or the inverse floating rate securities owned by the Fund,
including the purchase, sale or retirement thereof, (y) to the extent permitted
by the 1940 Act and Maryland law, not later than the close of business on the
second (2<sup>nd</sup>) Business Day next following the Effective Leverage
Ratio Cure Date, causing a Notice of Redemption to be issued, and in addition,
causing to be irrevocably deposited Deposit Securities (in the case of the
RVMTP Shares) or other sufficient securities or funds (in the case of other
Preferred Stock, as applicable) in trust with the Calculation and Paying Agent
or other applicable paying agent, in each case in accordance with the terms of
the shares of Preferred Stock to be redeemed, for the redemption at the
redemption price specified in the terms of such Preferred Stock of a sufficient
number of shares of Preferred Stock, which at the Fund's sole option (to the
extent permitted by the 1940 Act and Maryland law) may include any number or
proportion of RVMTP Shares, or (z) engaging in any combination, in the Fund's
discretion, of the actions contemplated by clauses (x) and (y) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.6(b)(ii)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160;
In the event that any RVMTP Shares of a Series are to be redeemed pursuant to
clause (y) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.6(b)(ii)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall
redeem such RVMTP Shares at a price per RVMTP Share equal to the Mandatory
Coverage Failure Redemption Price.&#160; Notwithstanding the foregoing, in the event
that shares of Preferred Stock are redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6(b)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund may at its sole option, but is not required to,
include in the number of shares of Preferred Stock being mandatorily redeemed
pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> a sufficient number of RVMTP Shares
of any Series that, when aggregated with other shares of Preferred Stock redeemed
by the Fund, would result, if deemed to have occurred immediately prior to the
opening of business on the Effective Leverage Ratio Cure Date, in the Fund
having an Effective Leverage Ratio on such Effective Leverage Ratio Cure Date
of no less than 40.905%; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> that if the Effective Leverage Ratio
is reduced to less than 45%, the Optional Redemption Premium shall be due on
any such excess redemptions.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B) On the Redemption Date for
a redemption contemplated by clause (y) of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the
Fund shall not redeem more than the maximum number of shares of Preferred Stock
that can be redeemed out of funds expected to be legally available therefor.&#160;
If the Fund is unable to redeem the required number of RVMTP Shares and other shares
of Preferred Stock which have been designated to be redeemed </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">in accordance with clause (y) of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
due to the unavailability of legally available funds, the Fund shall redeem
those RVMTP Shares and other shares of Preferred Stock which it was unable to
redeem on the earliest practicable date following such Redemption Date on which
it is able to effect such redemption (based upon a number and proportion of
each series of Preferred Stock permitted by the 1940 Act and Maryland law).&#160; If
fewer than all of the Outstanding RVMTP Shares of a Series are to be redeemed
pursuant to clause (y) of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)(A)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the number of RVMTP
Shares of such Series to be redeemed from the respective Holders shall be
selected (A) pro rata among the Outstanding shares of such Series, (B) by lot
or (C) in such other manner as the Board of Directors may determine to be fair
and equitable in each case, in accordance with the 1940 Act; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
that such method of redemption as set forth in clause (A), (B) or (C) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6(b)(ii)(B)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> shall be subject to any applicable procedures
established by the Securities Depository.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Optional Redemption</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Subject to the provisions of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
the Fund may at its option on any Business Day (an &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Optional Redemption
Date</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;) redeem in whole or from time to time in part the Outstanding RVMTP
Shares of any Series, at a redemption price per RVMTP Share (the &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Optional
Redemption Price</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;) equal to (x) the Liquidation Preference per RVMTP
Share of such Series plus (y) an amount equal to all unpaid dividends and other
distributions on such RVMTP Share of such Series accumulated from and including
the Date of Original Issue to (but excluding) the Optional Redemption Date
(whether or not earned or declared by the Fund, but without interest thereon)
plus (z) the Optional Redemption Premium per share (if any) that is applicable
to an optional redemption of RVMTP Shares of such Series that is effected on
such Optional Redemption Date as set forth in the Appendix relating to such
Series; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> that in connection with any (A) redemption pursuant to
this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> or pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
that is effectuated in order to comply with the requirements of the 1940 Act or
these Articles Supplementary, the Purchase Agreement or the Registration Rights
Agreement or (B) any redemption in accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> or
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> (except as set forth therein), no Optional Redemption
Premium specified in clause (z) above or penalty or premium shall be payable.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">If fewer than all of the Outstanding RVMTP Shares of a Series are
to be redeemed pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the shares of such
Series to be redeemed shall be selected either (A) pro rata among the Holders
of such Series, (B) by lot or (C) in such other manner as the Board of
Directors may determine to be fair and equitable; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, in each such
case, that such method of redemption as set forth in clause (A), (B) or (C) of
this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_44"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">shall be subject
to any applicable procedures established by the Securities Depository.&#160; Subject
to the provisions of these Articles Supplementary and applicable law, the Board
of Directors will have the full power and authority to prescribe the terms and
conditions upon which RVMTP Shares will be redeemed pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> from time to time.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">The Fund may not on any date deliver a Notice of Redemption
pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(e)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> in respect of a redemption
contemplated to be effected pursuant to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
unless on such date (A) the Fund reasonably expects, subject to the
satisfaction of any financing conditions set forth in the Notice of Redemption,
that it will have available Deposit Securities for the Optional Redemption Date
contemplated by such Notice of Redemption having a Market Value not less than
the amount (including any applicable premium) due to Holders of RVMTP Shares by
reason of the redemption of such RVMTP Shares on such Optional Redemption Date
and (B) any required Overcollateralization Ratio is equal to or greater than
the Minimum Overcollateralization Level and would continue to be equal to or
greater than the Minimum Overcollateralization Level immediately subsequent to
such redemption if such redemption were to occur on such date.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iv)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">RVMTP Shares of a Series redeemed at the Fund's sole option in
accordance with, but solely to the extent contemplated by, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(i)(B)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> or </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(b)(ii)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> shall
be considered mandatorily redeemed pursuant to such Section, as applicable, and
not subject to this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">[</font></u></b><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Reserved]</font></u></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(e)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Procedures for Redemption</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">If the Fund shall determine or be required to redeem, in whole or
in part, RVMTP Shares of a Series pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(a)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(b)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
or </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall deliver a notice of redemption (the &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notice
of Redemption</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;), by overnight delivery, by first class mail, postage
prepaid or by Electronic Means to Holders thereof, or request the Calculation
and Paying Agent, on behalf of the Fund, to promptly do so by overnight
delivery, by first class mail, postage prepaid or by Electronic Means.&#160; For the
avoidance of doubt, a Notice of Redemption shall not be required if the Fund
shall be required to redeem, in whole or in part, RVMTP Shares of a series
pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; A Notice of Redemption shall be
provided not more than thirty-five (35) calendar days prior to the date fixed
for redemption and not less than ten (10) calendar days (or such shorter or
longer period as may be consented to by all of the Holders of the RVMTP Shares
of such Series, which consent shall not be deemed to be a vote required by </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.7</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">) prior to the Redemption Date.&#160; Each such Notice of Redemption shall
state:&#160; (A) the Redemption Date; (B) the applicable Redemption Price on a per
share basis; (C) the Series and number of RVMTP Shares to be redeemed; (D) the
CUSIP number for RVMTP Shares of such Series; (E) if applicable, the place or
places where the certificate(s) for such shares (properly endorsed or assigned
for transfer, if the Board of Directors requires and the Notice of Redemption
states) are </font></h4>
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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">to be surrendered for payment of the
Redemption Price; (F) that dividends on the RVMTP Shares to be redeemed will
cease to accumulate from and after such Redemption Date; and (G) the provisions
of these Articles Supplementary under which such redemption is made.&#160; If fewer
than all RVMTP Shares held by any Holder are to be redeemed, the Notice of
Redemption delivered to such Holder shall also specify the number of RVMTP
Shares to be redeemed from such Holder and/or the method of determining such
number.&#160; The Fund may provide in any Notice of Redemption relating to an
optional redemption contemplated to be effected pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
of these Articles Supplementary that such redemption is subject to one or more
conditions precedent and that the Fund shall not be required to effect such
redemption unless each such condition has been satisfied at the time or times
and in the manner specified in such Notice of Redemption.&#160; No defect in the
Notice of Redemption or delivery thereof shall affect the validity of
redemption proceedings, except as required by applicable law.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">If (1) the Fund shall give a Notice of Redemption or (2) the Fund
is required to redeem RVMTP Shares on the Mandatory Tender Date pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.6(a)(iv)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, then at any time from and after the giving of such Notice of
Redemption or Notice of Mandatory Tender, as applicable, and prior to 12:00
noon, New York City time, on the Redemption Date (so long as any conditions
precedent to such redemption have been met or waived by the Fund), the Fund
shall (A) deposit with the Calculation and Paying Agent Deposit Securities
having an aggregate Market Value on the date thereof no less than the
Redemption Price of the RVMTP Shares to be redeemed on the Redemption Date and
(B) give the Calculation and Paying Agent irrevocable instructions and
authority to pay the applicable Redemption Price to the Holders of the RVMTP
Shares called for redemption on the Redemption Date.&#160; The Fund may direct the
Calculation and Paying Agent with respect to the investment of any Deposit
Securities consisting of cash so deposited prior to the Redemption Date,
provided that the proceeds of any such investment shall be available at the
opening of business on the Redemption Date as same-day funds.&#160; Notwithstanding
the provisions of clause (A) of the preceding sentence, if the Redemption Date
is the Term Redemption Date or the Early Term Redemption Date, then such
deposit of Deposit Securities (which may come in whole or in part from the Term
Redemption Liquidity Account) shall be made no later than fifteen (15) calendar
days prior to the Term Redemption Date or the Early Term Redemption Date.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Upon the date of the deposit of such Deposit Securities, all
rights of the Holders of the RVMTP Shares so called for redemption shall cease
and terminate except the right of the Holders thereof to receive the Redemption
Price thereof and such RVMTP Shares shall no longer be deemed Outstanding for
any purpose whatsoever (other than (A) the transfer thereof prior to the
applicable Redemption Date and (B) the accumulation of dividends thereon in
accordance with the terms hereof up to (but excluding) the applicable
Redemption Date, which accumulated dividends, unless previously declared and
paid as contemplated by the last sentence of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(e)(vi)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
below, shall be payable only as part of the applicable Redemption Price on the
Redemption Date).&#160; The Fund shall be entitled to receive from the Calculation
and Paying </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Agent, promptly after the Redemption Date,
any Deposit Securities in excess of the aggregate Redemption Price of the RVMTP
Shares called for redemption and the RVMTP Shares redeemed on the Redemption
Date.&#160; Any Deposit Securities so deposited that are unclaimed by Holder(s)
entitled thereto at the end of three hundred sixty-five (365) calendar days
from the Redemption Date shall, to the extent permitted by law, be repaid to
the Fund, after which Holders of the RVMTP Shares so called for redemption
shall, to the extent permitted by law, look only to the Fund for any unclaimed Redemption
Price thereof.&#160; The Fund shall be entitled to receive, from time to time after
the Redemption Date, any interest on the Deposit Securities so deposited.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iv)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">On or after the Redemption Date, each Holder of RVMTP Shares in
certificated form (if any) that are subject to redemption shall surrender the
certificate(s) evidencing such RVMTP Shares to the Fund at the place designated
in the Notice of Redemption and shall then be entitled to receive the
Redemption Price for such RVMTP Shares, without interest, and, in the case of a
redemption of fewer than all the RVMTP Shares represented by such
certificate(s), a new certificate representing the RVMTP Shares that were not
redeemed.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(v)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notwithstanding the other provisions of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
except as otherwise required by law, the Fund shall not redeem any RVMTP Shares
or other series of Preferred Stock ranking on a parity with the RVMTP Shares
with respect to dividends and other distributions unless all accumulated and
unpaid dividends and other distributions on all Outstanding RVMTP Shares and
shares of other series of Preferred Stock for all applicable past dividend
periods (whether or not earned or declared by the Fund) (x) shall have been or
are contemporaneously paid or (y) shall have been or are contemporaneously
declared and Deposit Securities (in the case of the RVMTP Shares) or other
sufficient securities or funds (in the case of other Preferred Stock, as
applicable) (in accordance with the terms of such Preferred Stock for the payment
of such dividends and other distributions) shall have been or are
contemporaneously deposited with the Calculation and Paying Agent or other
applicable paying agent for such Preferred Stock in accordance with the terms
of such Preferred Stock, provided, however, that the foregoing shall not
prevent the purchase or acquisition of Outstanding RVMTP Shares pursuant to an
otherwise lawful purchase or exchange offer made on the same terms to Holders
of all Outstanding RVMTP Shares and any other series of Preferred Stock for
which all accumulated and unpaid dividends and other distributions have not
been paid.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(vi)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">To the extent that any redemption for which a Notice of
Redemption has been provided is not made by reason of the absence of legally
available funds therefor, such redemption shall be made as soon as practicable
to the extent such funds become available.&#160; In the case of any redemption
pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.6(c)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, no Redemption Default shall be deemed
to have occurred if the Fund shall fail to deposit in trust with the
Calculation and Paying Agent the Redemption Price with respect to any shares
where (1) the Notice of Redemption relating to such redemption provided that
such redemption was subject to one or more conditions precedent and (2) any
such condition precedent shall not have been satisfied at the time or times and
in the manner specified in such Notice of Redemption.&#160; Notwithstanding the fact
that a Notice of Redemption </font></h4>
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</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">has been provided with
respect to any RVMTP Shares, dividends may be declared and paid on such RVMTP
Shares in accordance with their terms if Deposit Securities for the payment of
the Redemption Price of such RVMTP Shares shall not have been deposited in
trust with the Calculation and Paying Agent for that purpose.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(f)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Calculation and Paying Agent as Trustee of Redemption Payments
by Fund</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; All Deposit Securities transferred to the Calculation and Paying
Agent for payment of the Redemption Price of RVMTP Shares called for redemption
shall be held in trust by the Calculation and Paying Agent for the benefit of
Holders of RVMTP Shares so to be redeemed until paid to such Holders in
accordance with the terms hereof or returned to the Fund in accordance with the
provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(e)(iii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> above.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(g)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Compliance With Applicable Law</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; In effecting any
redemption pursuant to this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the Fund shall effect no
redemption except in accordance with the 1940 Act and any applicable law.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(h)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Modification of Redemption Procedures</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Notwithstanding
the foregoing provisions of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the Fund may, in its sole
discretion and without a shareholder vote, modify the procedures set forth
above with respect to notification of redemption for the RVMTP Shares, provided
that such modification does not materially and adversely affect the Holders of
the RVMTP Shares or cause the Fund to violate any applicable law, rule or
regulation; and provided further that no such modification shall in any way
alter the rights or obligations of the Calculation and Paying Agent without its
prior consent.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000011"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.7.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting Rights</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">One Vote Per RVMTP Share</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Except as otherwise provided in
the Charter, these Articles Supplementary, or as otherwise required by law, (i)
each Holder of RVMTP Shares shall be entitled to one vote for each RVMTP Share
held by such Holder on each matter submitted to a vote of all shareholders of
the Fund, and (ii) the holders of outstanding shares of Preferred Stock,
including Outstanding RVMTP Shares, and shares of Common Stock shall vote
together as a single class; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that the holders
of outstanding shares of Preferred Stock, including Outstanding RVMTP Shares,
shall be entitled, as a class, to the exclusion of the Holders of all other
securities and shares of Common Stock of the Fund, to elect two directors of
the Fund, it being understood that each share of Preferred Stock, including the
RVMTP Shares, entitles the Holder thereof to one vote for each share of Preferred
Stock in respect to the election of each such director.&#160; Subject
to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the Holders of outstanding shares of Common Stock
and Preferred Stock, including RVMTP Shares, voting together as a single class,
shall elect the balance of the directors. </font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting For Additional Directors</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Voting Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; During any period in which any one or more
of the conditions described in clauses (A) or (B) of this </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
shall exist (such period being referred to herein as a &quot;</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Voting Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">&quot;),
the number of directors constituting the Board of Directors shall be
automatically increased by the smallest number that, when added to the two directors
elected exclusively by the Holders of shares of Preferred Stock, including RVMTP
Shares, would constitute a majority of the Board of Directors as so increased
by such smallest number; and the Holders of shares of Preferred Stock,
including RVMTP Shares, shall be entitled, voting as a class on a
one-vote-per-share basis (to the exclusion of the Holders of all other
securities and classes of capital stock of the Fund), to elect such smallest
number of additional directors, together with the two directors that such
Holders are in any event entitled to elect.&#160; A Voting Period shall commence:</font></h4>

<h5 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(A)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">if, at
the close of business on any dividend payment date for any outstanding share of
Preferred Stock including any Outstanding RVMTP Shares, accumulated dividends
(whether or not earned or declared) on such outstanding share of Preferred Stock,
including the RVMTP Shares, equal to at least two (2) full years' dividends
shall be due and unpaid and sufficient cash or specified securities shall not
have been deposited with the Calculation and Paying Agent or other applicable
paying agent for the payment of such accumulated dividends; or</font></h5>

<h5 style="margin-bottom:10.0pt;margin-left:1.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(B)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">if at any
time Holders of shares of Preferred Stock are otherwise entitled under the 1940
Act to elect a majority of the Board of Directors.</font></h5>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A Voting Period shall terminate upon all of such conditions
ceasing to exist.&#160; Upon the termination of a Voting Period, the voting rights
described in this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7(b)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall cease, subject always,
however, to the revesting of such voting rights in the Holders of shares of Preferred
Stock upon the further occurrence of any of the events described in this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.7(b)(i)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Notice of Special Meeting</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; As soon as practicable after
the accrual of any right of the Holders of shares of Preferred Stock to elect
additional directors as described in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, the Fund shall (A)
call a special meeting of such Holders, (B) notify the Calculation and Paying
Agent and/or such other Person as is specified in the terms of such Preferred Stock
to receive notice of such special meeting and (C) provide (1) by mailing or
delivery by Electronic Means or (2) in such other manner and by such other
means as are specified in the </font></h4>
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</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">terms of such Preferred Stock,
a notice of such special meeting to such Holders, such meeting to be held not
less than ten (10) nor more than thirty (30) calendar days after the date of
the delivery by Electronic Means or mailing of such notice or the delivery of
such notice by such other means as are described in clause (2) above.&#160; If the
Fund fails to call such a special meeting, it may be called at the expense of
the Fund by Holders of at least 25% of outstanding shares of Preferred Stock on
like notice.&#160; The record date for determining the Holders of shares of Preferred
Stock entitled to notice of and to vote at such special meeting shall be the
close of business on the fifth&nbsp;(5th) Business Day preceding the calendar
day on which such notice is mailed or otherwise delivered.&#160; At any such special
meeting and at each meeting of Holders of shares of Preferred Stock held during
a Voting Period at which directors are to be elected, such Holders, voting
together as a class (to the exclusion of the Holders of all other securities
and classes of capital stock of the Fund), shall be entitled to elect the
number of directors prescribed in </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof on a
one-vote-per-share basis.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Terms of Office of Existing Directors</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; The terms of
office of the incumbent directors of the Fund at the time of a special meeting
of Holders of shares of Preferred Stock to elect additional directors in
accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> shall not be affected by the
election at such meeting by the Holders of RVMTP Shares and such other Holders
of shares of Preferred Stock of the number of directors that they are entitled
to elect, and the directors so elected by the Holders of RVMTP Shares and such
other Holders of shares of Preferred Stock, together with the two (2) directors
elected by the Holders of shares of Preferred Stock in accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section
2.7(a)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof and the remaining directors elected by the holders of the shares
of Common Stock and Preferred Stock, shall constitute the duly elected directors
of the Fund.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iv)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Terms of Office of Certain Directors to Terminate Upon
Termination of Voting Period</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; Simultaneously with the termination of a
Voting Period, the terms of office of the additional directors elected by the
Holders of the shares of Preferred Stock pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">
shall terminate, the remaining directors shall constitute the directors of the
Fund and the voting rights of the Holders of shares of Preferred Stock to elect
additional directors pursuant to </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section&nbsp;2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> shall cease,
subject to the provisions of the last sentence of </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.7(b)(i)</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Holders of RVMTP Shares to Vote on Certain Matters.</font></p>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(i)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Certain Amendments Requiring Approval of RVMTP Shares</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160;
Except as otherwise permitted by the terms of these Articles Supplementary, so
long as any RVMTP Shares are Outstanding, the Fund shall not, without the
affirmative vote or consent of the Holders of at least a majority of the RVMTP
Shares subject to these Articles Supplementary Outstanding at the time, voting
together as a separate class, amend, alter or repeal the provisions of the
Charter, or these Articles Supplementary, whether by merger, consolidation or
otherwise, so as to materially and adversely affect any preference, right or
power of such RVMTP Shares or the Holders thereof; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">however</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">,
that (i) a change in the capitalization of the Fund in </font></h4>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">accordance
with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.9</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof shall not be considered to materially and
adversely affect the rights and preferences of the RVMTP Shares, and (ii) a
division of an RVMTP Share shall be deemed to materially and adversely affect
such preferences, rights or powers only if the terms of such division
materially and adversely affect the Holders of the RVMTP Shares.&#160; For purposes
of the foregoing, no matter shall be deemed to materially and adversely affect
any preference, right or power of an RVMTP Share of any Series or the Holder
thereof unless such matter (i) alters or abolishes any preferential right of
such RVMTP Share, or (ii) creates, alters or abolishes any right in respect of
redemption of such RVMTP Share (other than solely as a result of a division of an
RVMTP Share).&#160; So long as any RVMTP Shares are Outstanding, the Fund shall not,
without the affirmative vote or consent of the Holders of at least 66 2/3% of
the RVMTP Shares Outstanding at the time, voting as a separate class, file a
voluntary application for relief under federal bankruptcy law or any similar
application under state law for so long as the Fund is solvent and does not
foresee becoming insolvent.&#160; For the avoidance of doubt, no vote of the holders
of shares of Common Stock shall be required to amend, alter or repeal the
provisions of these Articles Supplementary, including any Appendix hereto.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(ii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">1940 Act Matters</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; Unless a higher percentage is provided
for in the Charter, the affirmative vote of the Holders of at least &quot;a
majority of the outstanding shares of Preferred Stock,&quot; including all RVMTP
Shares Outstanding at the time, voting as a separate class, shall be required to
approve (A)&nbsp; any conversion of the Fund from a closed-end to an open-end
investment company, (B)&nbsp; any plan of reorganization (as such term is used
in the 1940 Act) adversely affecting such shares, or (C)&nbsp; any other action
requiring a vote of security holders of the Fund under Section 13(a) of the
1940 Act.&#160; For purposes of the foregoing, the vote of a &quot;majority of the
outstanding shares of Preferred Stock&quot; means the vote at an annual or
special meeting duly called of (i) sixty-seven percent (67%) or more of such
shares present at a meeting, if the Holders of more than fifty percent (50%) of
such shares are present or represented by proxy at such meeting, or (ii) more
than fifty percent (50%) of such shares, whichever is less.</font></h4>

<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=#010000 face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">(iii)</font><font color=#010000 face="times new roman" style="font-size:7.0pt;font-weight:normal;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Certain Amendments Requiring Approval of Specific Series of RVMTP
Shares</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">.&#160; Except as otherwise permitted by the terms of these Articles
Supplementary, so long as any RVMTP Shares of a Series are Outstanding, the
Fund shall not, without the affirmative vote or consent of the Holders of at
least a majority of the RVMTP Shares of such Series, Outstanding at the time,
voting as a separate class, amend, alter or repeal the provisions of the
Appendix relating to such Series, whether by merger, consolidation or otherwise,
so as to materially and adversely affect any preference, right or power set
forth in such Appendix of the RVMTP Shares of such Series or the Holders
thereof; </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">however</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, that (i) a change in the
capitalization of the Fund in accordance with </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">Section 2.9</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;"> hereof shall
not be considered to materially and adversely affect the rights and preferences
of the RVMTP Shares of such Series, and (ii) a division of an RVMTP Share shall
be deemed to materially and adversely affect such preferences, rights or powers
only if the terms of such division materially and adversely affect the Holders
of the RVMTP Shares of such Series; and </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">provided</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, </font><u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">further</font></u><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">, that
no amendment, alteration </font></h4>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">49</font></p>
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</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_51"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<h4 style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="Times New Roman" style="font-size:12.0pt;font-weight:normal;line-height:115%;">or repeal of the obligation
of the Fund to (x) pay the Term Redemption Price on the Term Redemption Date
for a Series or the Early Term Redemption Price on the Early Term Redemption
Date, or (y) accumulate dividends at the Dividend Rate (as set forth in these
Articles Supplementary and the applicable Appendix hereto) for a Series, shall
be effected without, in each case, the prior unanimous vote or consent of the
Holders of such Series of RVMTP Shares.&#160; For purposes of the foregoing, no
matter shall be deemed to materially and adversely affect any preference, right
or power of an RVMTP Share of a Series or the Holder thereof unless such matter
(i) alters or abolishes any preferential right of such RVMTP Share, or (ii)
creates, alters or abolishes any right in respect of redemption of such RVMTP
Share.&#160; For the avoidance of doubt, no vote of the holders of shares of Common Stock
shall be required to amend, alter or repeal the provisions of these Articles
Supplementary, including any Appendix hereto.</font></h4>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting Rights Set Forth Herein Are Sole Voting Rights</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
Unless otherwise required by law, the Charter or these Articles Supplementary,
the Holders of RVMTP Shares shall not have any relative rights or preferences
or other special rights with respect to voting such RVMTP Shares other than those
specifically set forth in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
that nothing in these Articles Supplementary or the Charter shall be deemed to
preclude or limit the right of the Fund (to the extent permitted by applicable
law) to contractually agree with any Holder or Designated Owner of RVMTP Shares
of any Series that any action or inaction by the Fund shall require the consent
or approval of such Holder or Designated Owner.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(e)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">No Preemptive Rights or Cumulative Voting</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The Holders of
RVMTP Shares shall have no preemptive rights or rights to cumulative voting.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(f)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Voting for Directors Sole Remedy for Fund's Failure to Declare
or Pay Dividends</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; In the event that the Fund fails to declare or pay any
dividends on any Series of RVMTP Shares on the Dividend Payment Date therefor,
the exclusive remedy of the Holders of the RVMTP Shares shall be the right to
vote for directors pursuant to the provisions of this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
Nothing in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7(f)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be deemed to affect the obligation
of the Fund to accumulate and, if permitted by applicable law, the Charter and these
Articles Supplementary, pay dividends at the Increased Rate in the
circumstances contemplated by </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(g)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> hereof.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(g)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Holders Entitled to Vote</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; For purposes of determining any
rights of the Holders of RVMTP Shares to vote on any matter, whether such right
is created by these Articles Supplementary, by the Charter, by statute or
otherwise, no Holder of RVMTP Shares shall be entitled to vote any RVMTP Share
and no RVMTP Share shall be deemed to be &quot;Outstanding&quot; for the
purpose of voting or determining the number of shares required to constitute a quorum if, prior to or concurrently with the
time of determination of shares entitled to vote or the time of the actual vote
on the matter, as the case may be, the requisite Notice of Redemption with
respect to such RVMTP Share shall have been given in accordance with these
Articles Supplementary and Deposit Securities for the payment of the Redemption
Price of such RVMTP Share shall have been deposited in trust with the
Calculation and Paying Agent for that purpose.&#160; No RVMTP Share held by the Fund
shall have any voting rights or be deemed to be outstanding for voting or for
calculating the voting percentage required on any other matter or other
purposes.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000012"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.8.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rating Agencies</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
The Fund shall use commercially reasonable efforts to cause a Rating Agency to
issue a long-term credit rating with respect to each Series of RVMTP Shares for
so long as such Series is Outstanding.&#160; The Fund shall use commercially
reasonable efforts to comply with any applicable Rating Agency Guidelines.&#160; If
a Rating Agency shall cease to rate the securities of tax-exempt closed-end
management investment companies generally, the Board of Directors shall
terminate the designation of such Rating Agency as a Rating Agency hereunder.&#160;
The Board of Directors may elect to terminate the designation of any Rating
Agency as a Rating Agency hereunder with respect to a Series of RVMTP Shares so
long as either (i) immediately following such termination, there would be at
least one Rating Agency with respect to such Series or (ii) it replaces the
terminated Rating Agency with another NRSRO (which shall be any one of (a)
Fitch, Moody's or S&amp;P or (b) another NRSRO subject to prior written consent
of the Purchaser, if any, as to such other NRSRO) and provides notice thereof
to the Holders of such Series; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> that such replacement shall not
occur unless such replacement Other Rating Agency shall have at the time of
such replacement (x) published a rating for the RVMTP Shares of such Series and
(y)&nbsp;entered into an agreement with the Fund to continue to publish such
rating subject to the Rating Agency's customary conditions.&#160; The Board of
Directors may also elect to designate one or more other NRSROs as Other Rating
Agencies hereunder with respect to a Series of RVMTP Shares by notice to the
Holders of the RVMTP Shares.&#160; The Rating Agency Guidelines of any Rating Agency
may be amended by such Rating Agency without the vote, consent or approval of
the Fund, the Board of Directors or any Holder of Preferred Stock, including
any RVMTP Shares, or Common Stock.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000013"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.9.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Issuance of Additional Preferred Stock</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
So long as any RVMTP Shares are Outstanding, the Fund may, without the vote or
consent of the Holders thereof, authorize, establish and create and issue and
sell shares of one or more series of Preferred Stock ranking on a parity with RVMTP
Shares as to the payment of dividends and the distribution of assets upon
dissolution, liquidation or the winding up of the affairs of the Fund, in
addition to then Outstanding Series of RVMTP Shares, including additional
Series of RVMTP Shares, and authorize, issue and sell additional shares of any
such Series of Preferred Stock then outstanding or so established or created
including additional Series of RVMTP Shares, in each case in accordance with
applicable law, provided that the Fund shall,
immediately after giving effect to the issuance of such Preferred Stock and to
its receipt and application of the proceeds thereof, including to the
redemption of Preferred Stock with such proceeds, have 1940 Act Asset Coverage
of at least the Minimum Asset Coverage Level (calculated in the same manner as
is contemplated by </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(b)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">) and the required Effective Leverage
Ratio provided for in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(c)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> (calculated in the same manner as
is contemplated by </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.4(d)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">).</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000014"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.10.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Status of Redeemed or Repurchased RVMTP
Shares</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; RVMTP Shares that at any time have been redeemed, exchanged
or purchased by the Fund shall, after such redemption or purchase, have the
status of authorized but unissued shares of Preferred Stock.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000015"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.11.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Distributions with respect to
Taxable Allocations</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Whenever a Taxable Allocation is to be
made by the Fund with respect to the RVMTP Shares of a Series with respect to
any Dividend Period and neither the Increased Rate nor the Maximum Rate is in
effect during such Dividend Period, clause (a), clause (b) or clause (c) of
this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, as applicable, shall govern:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Whenever the Fund intends or expects to include a Taxable
Allocation in any dividend on a Series of RVMTP Shares, the Fund shall, subject
to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, (i) in addition to and in conjunction with the
payment of such dividend, pay the Additional Amount Payment, payable in respect
of the Taxable Allocation that was included as part of such dividend and (ii)
during any Allocation Notification Period (defined below), notify the Calculation
and Paying Agent of the fact that a Taxable Allocation will be so included not
later than ten (10) calendar days preceding the earliest date on which a
dividend is declared with respect to which the Taxable Allocation will relate
(as provided in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(d)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">).&#160; Whenever such advance notice (a &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice
of Taxable Allocation</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) is received from the Fund, the Calculation and
Paying Agent will, in turn, provide notice thereof to each Holder and to each Designated
Owner or its Agent Member in either case that has been identified in writing to
the Calculation and Paying Agent.&#160; For purposes of the foregoing, an &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Allocation
Notification Period</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; shall begin with respect to a Series of RVMTP
Shares when the Fund receives a written notice from JPMorgan Chase Bank, N.A.,
as the Purchaser of such Series of RVMTP Shares, that the Purchaser has
transferred such Series of RVMTP Shares to a tender option bond trust (or
similar vehicle or arrangement) &#160;and shall end when the Fund receives a written
notice from the Purchaser that such tender option bond trust (or similar
vehicle or arrangement) has terminated.&#160; </font></p>


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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If the Fund determines that a Taxable Allocation must be included
in a dividend on a Series of RVMTP Shares but it is not practicable to pay any
required Additional Amount Payments concurrently with such dividend pursuant to
</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, then the Fund shall pay such Additional Amount Payment
as soon as reasonably practicable and without reference to any regular Dividend
Payment Date.&#160; Similarly, during any Allocation Notification Period, if the
Fund determines that a Taxable Allocation must be included in a dividend on a
Series of RVMTP Shares but it is not practicable to comply with the
requirements for prior notice in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, then the Fund shall
provide notice thereof to the Calculation and Paying Agent as soon as
practicable, but in any event prior to the end of the calendar year in which
such dividend is paid.&#160; Whenever such notice is received from the Fund, the Calculation
and Paying Agent will, in turn, provide notice thereof to each Holder and each Designated
Owner or its Agent Member that has been identified in writing to the Calculation
and Paying Agent.&#160; For the avoidance of doubt, this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> is
not intended to excuse the Fund's obligations under </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, but
rather to provide a mechanism for paying applicable Additional Amount Payments
and providing notice thereof under circumstances in which the Fund may not
become aware of the need to report a dividend as other than as wholly an
exempt-interest dividend until it is not practicable to comply fully with </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Moreover, the Fund shall not be considered to have failed to
comply with the notice provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> to the extent
that (i) the Fund's determination of whether a Taxable Allocation will be
required cannot be made prior to the date on which notice would otherwise be
required, (ii) such Taxable Allocation cannot be made with respect to a later
dividend because the current dividend is the last with respect to the Fund's
taxable year, and (iii) the Fund timely complies with its obligations for
notice under this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> with respect to such events and
Taxable Allocation.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If in connection with a redemption of a Series of RVMTP Shares,
the Fund makes a Taxable Allocation without having either given advance notice
thereof pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or made one or more supplemental
distributions pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the Fund shall direct the Calculation
and Paying Agent to send an Additional Amount Payment in respect of such
Taxable Allocation to each Designated Owner of such shares at such Person's
address as the same appears or last appeared on the record books of the Fund.&#160;
For such purpose, the Fund and the Calculation and Paying Agent may rely on the
address most recently provided by the Designated Owner
in accordance with the Purchase Agreement (including any transferee certificate
delivered in accordance therewith).</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">53</font></p>
  </td>
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</table></div>

</div>

<font lang=EN-US><br clear=ALL>


</font><p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></font></p>


</DIV>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If the Fund determines that a Taxable Allocation will be made
with respect to a dividend to be paid with respect to a Series of RVMTP Shares on
a date specified in </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.2(f)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and notice of such Taxable Allocation
is required pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(a)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> or </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.11(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
to the extent possible the Fund will cause such Taxable Allocation to relate to
the last day on which dividends are declared that will be paid on such specified
date (and, if the amount of the dividend declared on such last day is less than
the Taxable Allocation, the immediately preceding day, with such process
continuing to each preceding day in the applicable Dividend Period until the
full amount of the Taxable Allocation is exhausted) so that, to the extent
possible, the dividends declared on the earlier dates will be reported entirely
as exempt-interest dividends and only the dividends declared with respect to
such last day or preceding days will include a Taxable Allocation.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(e)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Except as required by the Purchase Agreement, for so long as the
applicable provisions of the Purchase Agreement shall be in effect, the Fund
shall not be required to make an Additional Amount Payment with respect to a
Series of RVMTP Shares with respect to any net capital gain or ordinary income
determined by the Internal Revenue Service to be allocable in a manner
different from the manner used by the Fund. The Fund will promptly give notice
to the Calculation and Paying Agent of any such determination, with
instructions to forward such notice to each Holder of affected Series of RVMTP
Shares during the affected periods at such Holder's address as the same appears
or last appeared on the record books of the Fund.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000016"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.12.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Liquidity Account
and Liquidity Requirement for Term Redemption or Early Term Redemption</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">On or prior to the then current Liquidity Account Initial Date
with respect to any Series of RVMTP Shares, the Fund shall segregate, or shall
cause the Custodian to segregate, by means of appropriate identification on its
books and records or otherwise in accordance with the Fund's normal procedures,
from the other assets of the Fund (the &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Liquidity
Account</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;) Liquidity Account Investments with a Market Value equal to
at least one hundred ten percent (110%) of the Term Redemption Amount with
respect to such Series.&#160; The &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Amount</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; for any
Series of RVMTP Shares shall be equal to the Redemption Price to be paid on the
Term Redemption Date (or, if applicable, the Early Term Redemption Price to be paid on the Early Term Redemption Date) for such
Series, based on the number of shares of such Series then Outstanding, assuming
for this purpose that the Dividend Rate for such Series in effect at the time
of the creation of the Term Redemption Liquidity Account for such Series will
be the Dividend Rate in effect for such Series until the Term Redemption Date (or,
if applicable, the Early Term Redemption Date) for such Series.&#160; Notwithstanding
the foregoing, if all RVMTP Shares in such Series have been affirmatively
retained pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iv)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and/or remarketed pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.5(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> before the Early Term Redemption Date, the requirement of the Fund
to maintain the Term Redemption Amount as contemplated by this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.12(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall lapse and be of no further force and effect with respect to
such Early Term Redemption Date.&#160; If, on any date after the then current
Liquidity Account Initial Date, the aggregate Market Value of the Liquidity
Account Investments included in the Term Redemption Liquidity Account for a
Series of RVMTP Shares as of the close of business on any Business Day is less
than one hundred ten percent (110%) of the Term Redemption Amount with respect
to such Series, then the Fund shall take all such necessary actions, including
segregating additional assets of the Fund as Liquidity Account Investments, so
that the aggregate Market Value of the Liquidity Account Investments included
in the Term Redemption Liquidity Account for such Series is at least equal to
one hundred ten percent (110%) of the Term Redemption Amount with respect to
such Series not later than the close of business on the next succeeding
Business Day.&#160; With respect to assets of the Fund segregated as Liquidity
Account Investments with respect to a Series of RVMTP Shares, the Adviser, on
behalf of the Fund, shall be entitled on any date to release any Liquidity
Account Investments from such segregation and to substitute therefor other
Liquidity Account Investments, so long as (i) the assets of the Fund segregated
as Liquidity Account Investments at the close of business on such date have a
Market Value equal to at least one hundred ten percent (110%) of the Term
Redemption Amount with respect to such Series and (ii) the assets of the Fund
designated and segregated as Deposit Securities at the close of business on
such date have a Market Value equal to at least the Liquidity Requirement (if
any) determined in accordance with </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section&nbsp;2.12(b)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below with
respect to such Series for such date.&#160; The Fund shall not permit any lien,
security interest or encumbrance to be created or permitted to exist on or in
respect of any Liquidity Account Investments included in the Term Redemption
Liquidity Account for any Series of RVMTP Shares, other than liens, security
interests or encumbrances arising by operation of law
and any lien of the Custodian with respect to the payment of its fees or
repayment for its advances.</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">55</font></p>
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<font lang=EN-US><br clear=ALL>


</font><p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></font></p>


</DIV>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The Market Value of the Deposit Securities held in the Term
Redemption Liquidity Account for a Series of RVMTP Shares, from and after the
15th day of the calendar month (or if such day is not a Business Day, the next
succeeding Business Day) that is the number of months preceding the calendar
month in which the Term Redemption Date (or, if applicable, the Early Term
Redemption Date) for such Series occurs, in each such case as specified in the
table set forth below, shall not be less than the percentage of the Term
Redemption Amount for such Series set forth below opposite such number of
months (the &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidity Requirement</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;), but in all cases subject
to the provisions of </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.12(c)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:107.75pt;width:377.099976pt;">
 <tr style="height:42.4pt;">
  <td valign=top width=50% style="border:solid windowtext 1.0pt;height:42.4pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Number
  of Months Preceding Month of Term Redemption Date (or, Early Term Redemption
  Date, as applicable):</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:42.4pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Market
  Value of Deposit Securities as Percentage of Term <br>
  Redemption Amount</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">5</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">20%</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">4</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">40%</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">3</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">60%</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">80%</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">1</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">100%</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(c)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If the aggregate Market Value of the Deposit Securities included
in the Term Redemption Liquidity Account for a Series of RVMTP Shares as of the
close of business on any Business Day is less than the Liquidity Requirement in
respect of such Series for such Business Day, then the Fund shall cause the
segregation of additional or substitute Deposit Securities in respect of the
Term Redemption Liquidity Account for such Series, so that the aggregate Market
Value of the Deposit Securities included in the Term Redemption Liquidity
Account for such Series is at least equal to the Liquidity Requirement for such
Series not later than the close of business on the next succeeding Business
Day.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(d)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The Deposit Securities included in the Term Redemption Liquidity
Account for a Series of RVMTP Shares may be applied by the Fund, in its
discretion, towards payment of the Term Redemption Price (or, the Early Term Redemption Price, as applicable) for such Series as
contemplated by </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(e)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; Upon the deposit by the Fund
with the Calculation and Paying Agent of Deposit Securities having an initial
combined Market Value sufficient to effect the redemption of the RVMTP Shares
of a Series on the Term Redemption Date (or, the Early Term Redemption Date, as
applicable) for such Series in accordance with </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(e)(ii)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
the requirement of the Fund to maintain the Term Redemption Liquidity Account
as contemplated by this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.12</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall lapse and be of no further
force and effect.&#160; Upon any extension of the Term Redemption Date (or, the
Early Term Redemption Date, as applicable) for a Series of RVMTP Shares
pursuant to </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, the then-current Liquidity Account
Initial Date for such Series shall be extended as provided in the Appendix relating
to such Series, and the requirement of the Fund to maintain the Term Redemption
Liquidity Account with respect to such Series in connection with such Liquidity
Account Initial Date shall lapse and shall thereafter apply in respect of the
Liquidity Account Initial Date for such Series as so extended.</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">56</font></p>
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</font><p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></font></p>


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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000017"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.13.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Global Certificate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
All RVMTP Shares of any Series Outstanding from time to time shall be
represented by one or more global certificates for such Series registered in
the name of the Securities Depository or its nominee and no registration of
transfer of shares of such Series of RVMTP Shares shall be made on the books of
the Fund to any Person other than the Securities Depository or its nominee or
transferee.&#160; The foregoing restriction on registration of transfer shall be
conspicuously noted on the face or back of the global certificates.&#160; Such
global certificates will be deposited with, or on behalf of, The Depository
Trust Company and registered in the name of Cede &amp; Co., its nominee.&#160;
Beneficial interests in the global certificates will be held only through The
Depository Trust Company and any of its participants.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000018"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.14.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Notice</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; All notices or communications hereunder, unless
otherwise specified in these Articles Supplementary, shall be sufficiently
given if in writing and delivered in person, by telecopier, by Electronic Means
or by overnight delivery.&#160; Notices delivered pursuant to this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.14</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall be deemed given on the date received.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000019"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.15.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Termination</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; In the
event that no RVMTP Shares of a Series are Outstanding subject to these
Articles Supplementary, all rights and preferences of the RVMTP Shares of such
Series established and designated hereunder shall cease and terminate, and all
obligations of the Fund under these Articles Supplementary with respect to such
Series shall terminate.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000020"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.16.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendices</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The
designation of each Series of RVMTP Shares subject to these Articles
Supplementary shall be set forth in an Appendix to these Articles Supplementary.&#160;
The Board of Directors may, by resolution duly adopted,
without shareholder approval (except as otherwise provided by these Articles
Supplementary or required by applicable law) (1) amend the Appendix to these
Articles Supplementary relating to a Series so as to reflect any amendments to
the terms applicable to such Series including an increase in the number of
authorized shares of such Series and (2) add additional Series of RVMTP Shares
by including a new Appendix to these Articles Supplementary relating to such
Series.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000021"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.17.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Actions on Other than Business Days</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
Unless otherwise provided herein, if the date for making any payment,
performing any act or exercising any right, in each case as provided for in these
Articles Supplementary, is not a Business Day, such payment shall be made, act
performed or right exercised on the next succeeding Business Day, with the same
force and effect as if made or done on the nominal date provided therefor, and,
with respect to any payment so made, no dividends, interest or other amount
shall accrue for the period between such nominal date and the date of payment.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000022"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.18.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Modification</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; To
the extent permitted by </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.7(c)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and subject to any applicable restrictions
contained in any applicable Purchase Agreement, the Board of Directors, without
the vote of the Holders of RVMTP Shares or any other outstanding shares issued
by the Fund, may interpret, supplement or amend the provisions of these
Articles Supplementary or any Appendix hereto to supply any omission, resolve
any inconsistency or ambiguity or to cure, correct or supplement any defective
or inconsistent provision, including any provision that becomes defective after
the date hereof because of impossibility of performance or any provision that
is inconsistent with any provision of the articles supplementary relating to any
other shares of Preferred Stock of the Fund and, in addition to the amendments
permitted by </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Sections 2.6(h)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> and </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.7(c)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> hereof, may amend these
Articles Supplementary with respect to any Series of RVMTP Shares prior to the
issuance of RVMTP Shares of such Series.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000023"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.19.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Transfers</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(a)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A Designated Owner or Holder of any RVMTP Shares of any Series
may sell, transfer or otherwise dispose of RVMTP Shares only in whole shares
and only to Persons that are both:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(1)(i) &quot;qualified
institutional buyers&quot; (as defined in Rule 144A under the Securities Act or
any successor provision) in accordance with Rule 144A under the Securities Act
or any successor provision that are registered closed-end management investment
companies, the common shares of which are traded on a national securities
exchange (&quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Closed-End Funds</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;), banks or entities that are 100%
direct or indirect subsidiaries of banks' publicly traded parent holding
companies (collectively, &quot;</font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Banks</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;), insurance companies,
companies that are included in the S&amp;P 500 Index (and their direct or
indirect wholly-owned subsidiaries), </font><font color=black face="Times New Roman" lang=EN-GB style="font-size:12.0pt;line-height:115%;">separately
managed accounts managed by registered investment
advisers </font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">or registered open-end management
investment companies, (ii) tender option bond trusts (or similar vehicles or
arrangements) in which all investors are Persons that the Holders of RVMTP
Shares reasonably believes are &quot;qualified institutional buyers&quot; (as
defined in Rule 144A under the Securities Act or any successor provision) that
are Closed-End Funds, Banks, insurance companies, companies that are included
in the S&amp;P 500 Index (and their direct or indirect wholly-owned
subsidiaries), </font><font color=black face="Times New Roman" lang=EN-GB style="font-size:12.0pt;line-height:115%;">separately managed
accounts managed by registered investment advisers </font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">or
registered open-end management investment companies, in each case with respect
to clauses (i) and (ii), in accordance with Rule 144A under the Securities Act
or pursuant to another available exemption from registration under the
Securities Act, in a manner not involving a public offering within the meaning
of Section 4(a)(2) of the Securities Act, or (iii) other investors with the
prior written consent of the Fund; and </font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(2) Persons that are either (i)
not a Duff Person or (ii) a Duff Person, provided that (x) such Duff Person
would, after such sale and transfer, own not more than 20% of the Outstanding
Series of RVMTP Shares, or (y) the prior written consent of the Fund and at
least a majority of the RVMTP Shares of the relevant Series has been obtained.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Any transfer in violation of the
foregoing restrictions shall be void </font><i><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">ab initio</font></i><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">. &#160;The restrictions on
transfer contained in this </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.19(a)</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> shall not apply to any RVMTP
Shares that are being registered and sold pursuant to an effective registration
statement under the Securities Act or to any subsequent transfer of such RVMTP
Shares.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-1.0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(b)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">If at any time the Fund is not furnishing information pursuant to
Section 13 or 15(d) of the Exchange Act, in order to preserve the exemption for
resales and transfers under Rule 144A, the Fund shall furnish, or cause to be
furnished, to holders of RVMTP Shares and prospective purchasers of RVMTP
Shares, upon request, information with respect to the Fund satisfying the
requirements of subsection (d)(4) of Rule 144A.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><a name="_Toc256000024"></a><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.20.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">No Additional Rights</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160;
Unless otherwise required by law or the Charter, the Holders of RVMTP Shares
shall not have any relative rights or preferences or other special rights with
respect to such RVMTP Shares other than those specifically set forth in these
Articles Supplementary; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, that nothing in these
Articles Supplementary shall be deemed to preclude or limit the right of the
Fund (to the extent permitted by applicable law) to contractually agree with any Holder or Designated Owner of RVMTP Shares
of any Series with regard to any special rights of such Holder or Designated
Owner with respect to its investment in the Fund.</font></p>
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<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.21.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Treatment of RVMTP Shares as Equity</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The Fund shall and each
Holder and Designated Owner, by virtue of acquiring RVMTP Shares, is deemed to
have agreed for U.S. federal income tax purposes to treat the RVMTP Shares as
equity of the Fund and to not take any contrary position in any tax return or
tax proceeding.</font></p>









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  <p style="margin:0in;margin-bottom:.0001pt;"><font style="display:none;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">60</font></p>
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<p align=right style="margin:0in;margin-bottom:24.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">SCHEDULE I</font></b></p>

<p align=center style="margin:0in;margin-bottom:24.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">FITCH DIVERSIFICATION GUIDELINES</font></b></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Issuer Diversification</font></b></p>

<p style="margin:0in;margin-bottom:24.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Any assets of the
Fund of which the Market Value exceeds the diversification guidelines set forth
below shall be excluded from the definition of Fitch Eligible Assets.&#160; In cases
where an issuer is in excess of these guidelines and the Fund&#8217;s exposure is to
multiple securities, the securities with the highest discount factor shall be
excluded first.</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:41.4pt;width:408.599976pt;">
 <tr>
  <td valign=bottom width=48% style="border:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Issuer</font></b></p>
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 <td valign=bottom width=52% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Maximum Percentage Concentration <br>
  for Each Issuer of That Type</font></b></p>
  </td>
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<tr>
  <td width=48% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">State-level general
  obligations and other municipal securities backed by state-level taxing
  authority</font></p>
  </td>
 <td width=52% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">20%</font></p>
  </td>
 </tr>
<tr>
  <td width=48% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Single largest issuer</font></p>
  </td>
 <td width=52% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">10%</font></p>
  </td>
 </tr>
<tr>
  <td width=48% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Next five largest
  issuers</font></p>
  </td>
 <td width=52% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">5%</font></p>
  </td>
 </tr>
<tr>
  <td width=48% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">All other issuers</font></p>
  </td>
 <td width=52% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">3%</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></p>


<DIV bclFooter>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">I-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_63"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=center style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Sector and State Diversification</font></b></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Fitch applies a 25%
concentration threshold to municipal sectors and states. But unlike with issuer
diversification guidelines, excess exposures here are afforded credit at a
higher discount factor multiple, applied across all instruments within such
group.</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:99.9pt;width:276.299988pt;">
 <tr>
  <td width=100% style="border:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Municipal Sectors</font></b></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Pre-Refunded/Escrowed</font></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Municipal Essential
  Service Revenue</font><sup><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">1</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">General Obligation and
  Lease/Appropriation Backed</font></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Transportation Revenue</font></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Special Tax Backed</font></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Corporate Backed</font><sup><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Healthcare Revenue</font><sup><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">3</font></sup></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Housing Revenue</font></p>
  </td>
 </tr>
<tr>
  <td width=100% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Higher Education Revenue</font></p>
  </td>
 </tr>
</table></div>

<p align=center style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></p>


<DIV bclFooter>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">I-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>

<hr align=left size=1 width="33%">
<div id=ftn1><font lang=EN-US>

</font><p style="margin:0in;margin-bottom:12.0pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-indent:-.3in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;vertical-align:super;">1</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> &#160;&#160;&#160;&#160; Includes
power, water and sewer bonds, among others.</font></p><font lang=EN-US>

</font></div>
<div id=ftn2><font lang=EN-US>

</font><p style="margin:0in;margin-bottom:12.0pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-indent:-.3in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;vertical-align:super;">2</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> &#160;&#160;&#160;&#160; Includes
tobacco bonds, investor-owned utilities and industrial development bonds, among
others.</font></p><font lang=EN-US>

</font></div>
<div id=ftn3><font lang=EN-US>

</font><p style="margin:0in;margin-bottom:12.0pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-indent:-.3in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;vertical-align:super;">3</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> &#160;&#160;&#160;&#160; Includes
hospitals, nursing and senior care facility bonds, among others.</font></p><font lang=EN-US>

</font></div>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_64"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:499.899994pt;">
 <tr>
  <td colspan=3 valign=top width=100% style="border:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Municipal Sector and State
  Diversification Guidelines</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=34% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">State General Obligation Rating</font></b></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Treatment for Exposures in Excess of 25% to a Single
  Municipal Sector</font></b><sup><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">4</font></b></sup></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;text-indent:0in;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Treatment for Exposures in Excess of 25% to a Single
  State</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">BBB or Higher</font></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Additional 1.10x
  Multiple to Applicable Asset Discount Factor</font></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Additional 1.10x
  Multiple to Applicable Asset Discount Factor</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">BBB&#8722; or Lower</font></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Additional 1.10x
  Multiple to Applicable Asset Discount Factor</font></p>
  </td>
 <td valign=top width=33% style="border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:.15pt 5.4pt .15pt 5.4pt;">
  <p style="margin:0in;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-indent:0in;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Additional 1.25x
  Multiple to Applicable Asset Discount Factor</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>









<DIV bclFooter>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">I-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">3</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>

<hr align=left size=1 width="33%">
<div id=ftn4><font lang=EN-US>

</font><p style="margin:0in;margin-bottom:12.0pt;margin-left:.3in;margin-right:0in;margin-top:0in;text-indent:-.3in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;vertical-align:super;">4</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> &#160;&#160;&#160;&#160; Investments
in bonds that have been pre-refunded or escrowed to maturity, and in bonds that
are backed by state-level general obligation and state-level taxing authority
are exempt from the 25% threshold.</font></p><font lang=EN-US>

</font></div>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_65"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=right style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">APPENDIX A</font></b></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">DTF TAX-FREE INCOME INC.</font></b></p>

<p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;text-transform:uppercase;">RE</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">MARKETABLE
VARIABLE RATE MUNIFUND TERM PREFERRED SHARES, SERIES 2050</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Preliminary
Statement and Incorporation By Reference</font></u></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">This Appendix establishes a Series of Remarketable Variable Rate
MuniFund Term Preferred Shares of DTF Tax-Free Income Inc..&#160; Except as set
forth below, this Appendix incorporates by reference the terms set forth with
respect to all Series of such Remarketable Variable Rate MuniFund Term
Preferred Shares in that &quot;Articles Supplementary Establishing and Fixing
the Rights and Preferences of Remarketable Variable Rate MuniFund Term
Preferred Shares&quot; effective as of November 2, 2020 (the &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP
Articles Supplementary</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).&#160; This Appendix has been adopted by
resolution of the Board of Directors of DTF Tax-Free Income Inc. and is effective
as of November 2, 2020.&#160; Capitalized terms used herein but not defined herein
have the respective meanings therefor set forth in the RVMTP Articles
Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 1.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Designation as to Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Remarketable Variable Rate MuniFund Term Preferred Shares, Series
2050:&#160; A series of 650 shares of Preferred Stock classified as Remarketable
Variable Rate MuniFund Term Preferred Shares is hereby designated as the &quot;Remarketable
Variable Rate MuniFund Term Preferred Shares, Series 2050&quot; (the &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Series
2050 RVMTP Shares</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;).&#160; Each share of such Series shall have such
preferences, voting powers, restrictions, limitations as to dividends and other
distributions, qualifications and terms and conditions of redemption, in
addition to those required by applicable law and those that are expressly set
forth in the Charter and the RVMTP Articles Supplementary (except as the RVMTP
Articles Supplementary may be expressly modified by this Appendix), as are set
forth in this </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Appendix A</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.&#160; The Series 2050 RVMTP Shares shall constitute
a separate series of Preferred Stock and of the Remarketable Variable Rate
MuniFund Term Preferred Shares and each Series 2050 RVMTP Share shall be
identical.&#160; The following terms and conditions shall apply solely to the Series
2050 RVMTP Shares:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Number of Authorized Shares of Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The number of authorized shares is 650.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 3.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Date of Original Issue with respect to Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The Date of Original Issue is November 2, 2020.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 4.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liquidation Preference Applicable to Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The Liquidation Preference is $100,000 per share.</font></p>


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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">1</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 5.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Term Redemption Date
and Early Term Redemption Date Applicable to Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Term Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; is November 2, 2050,
subject to extension pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.6(a)(ii)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> of the RVMTP Articles
Supplementary.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">An &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Early Term Redemption Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means (i) every forty-two
(42) month anniversary of the Date of Original Issue except for the Term
Redemption Date (for the avoidance of doubt, such date to occur once every forty-two
(42) months) and (ii) each Mandatory Tender Date as described in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2.5(a)(iii)(C)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">; provided that an Early Term Redemption Date shall be
deemed not to have occurred with respect to any RVMTP Shares for which an
election to retain is made pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 2.5(a)(iv)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> of the RVMTP
Articles Supplementary relating to such Mandatory Tender Event.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 6.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Dividend Payment Dates Applicable to Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The Dividend Payment Dates are the first Business Day of the
month next following each Dividend Period, subject to the definition of &quot;Dividend
Period&quot; set forth in </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 9</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> below, as applicable.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 7.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Liquidity Account Initial Date Applicable to
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The &quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Liquidity Account Initial Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; is (i) with
respect to the Term Redemption Date, the date that is six (6) months prior to
the Term Redemption Date or, if applicable, the date that is six (6) months
prior to the then current Term Redemption Date as extended pursuant to </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section
2.6(a)(ii)</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> of the RVMTP Articles Supplementary or, if such date is not a
Business Day, the next succeeding Business Day and (ii) with respect to the
Early Term Redemption Date, the date that is six (6) months prior to the Early
Term Redemption Date or, if such date is not a Business Day, the next
succeeding Business Day.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 8.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Exceptions to Certain Definitions Applicable to
the Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The following definitions contained under the heading &quot;Definitions&quot;
in the RVMTP Articles Supplementary are hereby amended as follows:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Not applicable.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 9.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Additional Definitions Applicable to the
Series.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The following terms shall have the following meanings (with terms
defined in the singular having comparable meanings when used in the plural and
vice versa), unless the context otherwise requires:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Applicable Spread</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means, with respect to any Rate Period for the Series 2050 RVMTP Shares, the
percentage per annum equal to the sum of (i) the percentage per annum set forth
opposite the applicable credit rating most recently
assigned to such Series by the Rating Agency in the table below on the Rate
Determination Date for such Rate Period plus (ii) the Supplemental Spread plus (iii)
the Spread Adjustment: </font></p>
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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">2</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


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<div align=center>

<table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:308.849976pt;">
 <tr>
  <td colspan=3 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
   <div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="border:none;margin:0in;margin-bottom:6.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Long-Term Ratings*</font></b></p>
   </div>
   </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
   <div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="border:none;margin:0in;margin-bottom:6.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Fitch</font></b></p>
   </div>
   </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
   <div style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="border:none;margin:0in;margin-bottom:6.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Applicable Spread</font></b><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">**</font></p>
   </div>
   </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">AAA
  to AA-</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">1.25%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">A+</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">1.60%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">A</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2.00%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">A-</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2.15%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">BBB+</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2.50%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">BBB</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">2.75%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">BBB-</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">3.25%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">Non-investment
  Grade/Not Rated</font></p>
  </td>
 <td valign=top width=49% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">3.75%</font></p>
  </td>
 <td width=1% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p></td>
 </tr>
</table>

</div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">*And/or the equivalent long-term
ratings of any other Rating Agency then rating the RVMTP Shares utilizing the
highest of the ratings of the Rating Agencies then rating the RVMTP Shares, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">unless</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">
the lowest applicable credit rating is below A3 (in the case of Moody's) or A-
(in the case of Fitch or S&amp;P) or, in which case, the lowest rating shall be
used.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">**Unless an Increased Rate Period
is in effect and is continuing, in which case the Increased Rate shall be the
Index Rate for such Increased Rate Period plus 2.00% plus the Applicable Spread.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Spread Adjustment</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, (i) for the period
from the Closing Date to and including the Rate Period Termination Date, 0% and
(ii) for the period after the Rate Period Termination Date, 2.00%.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Supplemental Spread</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means to the extent Duff
&amp; Phelps Investment Management Co. is no longer the Adviser (including as a
result of any resignation, removal, termination, or assignment (including by
way of a change of control)) and the prior written consent of the Holders of a majority
of the Series 2050 RVMTP Shares has not been obtained, 1.00%.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Rate Period Termination Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the date
that is six (6) months prior to the then current Early Term Redemption Date.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Lock-Out Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means the second anniversary of
the Closing Date.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Closing Date</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means November 2, 2020.</font></p>


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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Dividend Period</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;
means, with respect to the Series 2050 RVMTP Shares, in the case of the first
Dividend Period, the period beginning on the Date of Original Issue for such
Series and ending on and including November 30, 2020 and for each subsequent
Dividend Period, the period beginning on and including the first calendar day
of the month following the month in which the previous Dividend Period ended
and ending on and including the last calendar day of such month</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">; </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, in connection with any
voluntary exchange by the Holders thereof of Series 2050</font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> </font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">RVMTP Shares for any new series of Remarketable Variable
Rate MuniFund Term Preferred Shares or any other securities of the Fund, the Board
of Directors may declare that a Dividend Period shall begin on and include the
first calendar day of the month in which such exchange will occur and shall end
on but not include the date of such exchange, and in such case, the Dividend
Payment Date for such dividend shall be the date of such exchange and provided
further that, in connection with any reorganization or merger involving the
Fund, the Board of Directors may establish a Dividend Period of less than a
month, in which case the Dividend Payment Date for such dividend shall be the
first Business Day following the end of such Dividend Period.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Increased Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any
Increased Rate Period for the Series 2050 RVMTP Shares, the Index Rate for such
Increased Rate Period plus 2.00% plus the Applicable Spread.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Index Rate</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, with respect to any Rate
Period for the Series 2050 RVMTP Shares (i) the SIFMA Municipal Swap Index made
available by approximately 4:00 p.m., New York City time, as determined on the
Rate Determination Date relating to such Rate Period or (ii) except as
otherwise provided in the definition of &quot;SIFMA Municipal Swap Index&quot;
if such index is not made so available on such date, the SIFMA Municipal Swap
Index as determined on the previous Rate Determination Date; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">provided</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">, </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">however</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">,
if the SIFMA Municipal Swap Index is less than zero (0), the SIFMA Municipal
Swap Index will be deemed to be zero (0) for purposes of the determination of &quot;Index
Rate.&quot;</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Minimum Asset Coverage
Level</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, </font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">with respect to the Series
2050 RVMTP Shares,</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> 1940 Act Asset Coverage of at
least 225%.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Minimum Overcollateralization
Level</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means, </font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">with respect to the Series
2050 RVMTP Shares,</font><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"> an Overcollateralization Ratio of
at least 100%.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot;</font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Optional Redemption Premium</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&quot; means with respect
to each Series 2050 RVMTP Share to be redeemed an amount equal to:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(A)&#160;&#160;&#160;&#160;&#160;&#160; if the Optional Redemption Date for such Series 2050
RVMTP Share occurs prior to the Lock-Out Date, the product of (i) the Applicable
Spread for such RVMTP Share in effect on such Optional Redemption Date and (ii)
the Liquidation Preference of such RVMTP Share and (iii) a fraction, the
numerator of which is the number of calendar days from and including the date
of redemption to and including the Lock-Out Date and the denominator of which
is the actual number of calendar days from and
including November 2, 2020 to and including the Lock-Out Date; or</font></p>
<DIV bclFooter>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">4</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
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<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">(B)&#160;&#160;&#160;&#160;&#160;&#160; if the Optional Redemption Date for such Series 2050
RVMTP Share either occurs on or after the Lock-Out Date, none.</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Section 10.&#160; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Amendments
to Terms of RVMTP Shares Applicable to the Series</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">The following provisions contained under the heading &quot;Terms
of the RVMTP Shares&quot; in the RVMTP Articles Supplementary are hereby
amended as follows:</font></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Not applicable.</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">[Signature page follows.]</font></p>









<DIV bclFooter>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">A-</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">5</font><font style="display:none;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;"></font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV>
<a name="page_70"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin:0in;margin-bottom:24.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">IN WITNESS WHEREOF, DTF Tax-Free Income Inc. has
caused these presents to be signed in its name and on its behalf by its Vice President
and witnessed by its Assistant Secretary on October 29, 2020.</font></p>

<p style="margin:0in;margin-bottom:.5in;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">WITNESS:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">DTF
TAX-FREE INCOME INC.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">By:&#160; &#160;&#160;&#160; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160;&#160;/s/ Daniel J.
Petrisko&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">By:&#160; </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160;&#160;/s/ William J. Renahan&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Daniel J. Petrisko&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;
William J. Renahan</font></p>

<p style="margin:0in;margin-bottom:24.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">Assistant Secretary&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Vice
President</font></p>

<p style="margin:0in;margin-bottom:.5in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">THE UNDERSIGNED, Vice President of DTF Tax-Free Income Inc., who executed
on behalf of the Fund the foregoing Articles Supplementary of which this
certificate is made a part, hereby acknowledges in the name and on behalf of
said Fund the foregoing Articles Supplementary to be the corporate act of said
Fund and hereby certifies that to the best of his knowledge, information, and
belief the matters and facts set forth therein with respect to the
authorization and approval thereof are true in all material respects under the
penalties of perjury.&#160; </font></p>

<p style="margin:0in;margin-bottom:.5in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">By: </font><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160;&#160;William J. Renahan&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u></p>

<p style="margin:0in;margin-bottom:.5in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; William J. Renahan</font></p>
















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</DOCUMENT>
<DOCUMENT>
<TYPE>INTERNAL CONTROL RPT
<SEQUENCE>4
<FILENAME>NCEN_A_4414213549684668.txt
<TEXT>
                    Report of Independent
Registered Public Accounting Firm To the
Shareholders and Board of Directors of DTF Tax-Free
Income Inc.
In planning and performing our audit of the financial
statements of DTF Tax-Free Income Inc. (the Fund)
as of and for the year ended October 31, 2020, in
accordance with the standards of the Public Company
Accounting Oversight Board (United States), we
considered the Fund's internal control over financial
reporting, including controls over safeguarding
securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinion
on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose
of expressing an opinion on the effectiveness of the
Fund's internal control over financial reporting.
Accordingly, we express no such opinion.
The management of the Fund is responsible for
establishing and maintaining effective internal control
over financial reporting. In fulfilling this responsibility,
estimates and judgments by management are required
to assess the expected benefits and related costs of
controls. A company's internal control over financial
reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting
and the preparation of financial statements for external
purposes in accordance with U.S. generally accepted
accounting principles. A company's internal control
over financial reporting includes those policies and
procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets
of the company; (2) provide reasonable assurance that
transactions are recorded as necessary to permit
preparation of financial statements in accordance with
U.S. generally accepted accounting principles, and that
receipts and expenditures of the company are being
made only in accordance with authorizations of
management and directors of the company; and (3)
provide reasonable assurance regarding prevention or
timely detection of unauthorized acquisition, use or
disposition of a company's assets that could have a
material effect on the financial statements.
Because of its inherent limitations, internal control
over financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk
that controls may become inadequate because of
changes in conditions, or that the degree of
compliance with the policies or procedures may
deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does
not allow management or employees, in the normal
course of performing their assigned functions, to
prevent or detect misstatements on a timely basis. A
material weakness is a deficiency, or a combination of
deficiencies, in internal control over financial reporting,
such that there is a reasonable possibility that a
material misstatement of the company's annual or
interim financial statements will not be prevented or
detected on a timely basis.
Our consideration of the Fund's internal control over
financial reporting was for the limited purpose
described in the first paragraph and would not
necessarily disclose all deficiencies in internal control
that might be material weaknesses under standards
established by the Public Company Accounting
Oversight Board (United States). However, we noted
no deficiencies in the Fund's internal control over
financial reporting and its operation, including controls
over safeguarding securities, that we consider to be a
material weakness as defined above as of October
31, 2020.
This report is intended solely for the information and
use of management and the Board of Directors of
DTF Tax-Free Income Inc. and the Securities and
Exchange Commission and is not intended to be and
should not be used by anyone other than these
specified parties.
/s/Ernst & Young LLP

Chicago, Illinois
December 18, 2020



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
