Company: NMZ
Filing Date: 2025-09-29
Form Type: N-14 8C
Source: 0001999371-25-014188
Chunk: 196

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-09-29
Form: N-14 8C
Chunk 196
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 of the other Target Fund participating in a Merger, the resulting portfolio will
meet the Acquiring Fund’s investment objective, policies and restrictions, as set forth in the Acquiring Fund’s Registration
Statement (as defined in Section 5.5). Notwithstanding the foregoing, nothing herein will require the Target Fund to dispose
of any investments or securities if, in the reasonable judgment of the Target Fund Board or Nuveen Fund Advisors, LLC, the investment
adviser to the Funds (the “Adviser”), such disposition would adversely affect the status of the Merger as a “reorganization”
as such term is used in Section 368(a) of the Code or would otherwise not be in the best interests of the Target Fund.

<div align='center'>A-3</div>

1.2DISSOLUTION, LIQUIDATION AND TERMINATION. If all Mergers occur at the same time, as soon as practicable after the Effective
Time (or if all Mergers do not occur at the same time, as soon as practicable after the Effective Time of the last Merger to occur),
the Merger Sub shall be dissolved and the Acquiring Fund will assume all of the Merger Sub’s liabilities and obligations,
known and unknown, contingent or otherwise, whether or not determinable, and the Merger Sub will distribute to the Acquiring Fund,
which will be the sole member of the Merger Sub at such time, all of the assets of the Merger Sub in complete liquidation of its
interest in the Merger Sub in accordance with a Plan of Dissolution adopted by the Merger Sub.

1.3ACCOUNTING AND PERFORMANCE SURVIVOR. In connection with the transactions contemplated by this Agreement, notwithstanding
that the Merger Sub shall be the surviving entity in the Merger, the Acquiring Fund shall be deemed the survivor solely for accounting
and performance record purposes.

1.4DECLARATION OF PREFERRED SHARE DIVIDENDS. Dividends shall accumulate on any issued and outstanding MFP Shares or VRDP Shares
of a Target Fund, as applicable, up to and including the day immediately preceding the Closing Date (as defined in Section 3.1)
and then cease to accumulate, and dividends on the Acquiring Fund Preferred Shares will accumulate from and including the Closing
Date. Prior to the Valuation Time (as defined in Section 2.1), each Target Fund will declare all accumulated but unpaid dividends
on such MFP Shares or VR