Company: NMZ
Filing Date: 2025-09-29
Form Type: N-14 8C
Source: 0001999371-25-014188
Chunk: 174

Company: NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND
Filing Date: 2025-09-29
Form: N-14 8C
Chunk 174
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 and the Fund shall
redeem all of the outstanding AMTP Shares. If the Fund is the proposing party for Adjusted Terms, and the Fund and the designated
owners fail to reach such agreement during on the Adjusted Terms, the Adjusted Terms shall be deemed withdrawn and the applicable
Adjusted Terms notice period shall terminate without further recourse.

The outstanding AMTP Shares are subject
to optional and mandatory redemption in certain circumstances. The Acquiring Fund is obligated to redeem the outstanding AMTP Shares
on the dates listed above, unless earlier redeemed or repurchased by the Acquiring Fund, at a redemption price per share equal
to the liquidation preference per share ($100,000) plus any accumulated but unpaid dividends thereon. The outstanding AMTP Shares
also may be redeemed in whole or in part at the option of the Acquiring Fund at a redemption price per share equal to the liquidation
preference per share plus any accumulated but unpaid dividends thereon. In the event the Acquiring Fund fails to comply with asset
coverage and/or effective leverage ratio requirements and any such failure is not cured within the applicable cure period, the
Acquiring Fund may become obligated to redeem such number of preferred shares as are necessary to achieve compliance with such
requirements.

Voting and Consent Rights

Except as otherwise provided in the Acquiring
Fund’s declaration of trust or the Statements for the outstanding AMTP Shares or as otherwise required by applicable law,
(1) each holder of outstanding AMTP Shares is entitled to one vote for each outstanding AMTP Share held on each matter submitted
to a vote of shareholders of the Acquiring Fund, and (2) the holders of outstanding AMTP Shares, along with holders of other outstanding
preferred shares of the Acquiring Fund, vote with holders of common shares of the Acquiring Fund as a single class; provided, however,
that holders of preferred shares, including outstanding AMTP Shares, are entitled as a class to elect two trustees of the Acquiring
Fund at all times. The holders of outstanding common shares and preferred shares, including outstanding AMTP Shares, voting as
a single class, elect the balance of the trustees of the Acquiring Fund.

With respect to certain actions that would
materially and adversely affect any preference, right or power of the outstanding AMTP Shares or holders of outstanding AMTP Shares,
holders of outstanding AMTP Shares vote separately. In addition, holders of outstanding AMTP Shares of each series have certain
consent rights under the purchase agreement for the AMTP Shares of