Company: BLE
Filing Date: 2025-05-22
Form Type: DEF 14A
Source: 0001193125-25-125142
Chunk: 33

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-05-22
Form: DEF 14A
Chunk 33
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) May 3, 2027, (B) 10 days prior to the record date for the applicable DMP Fund’s 2027 annual meeting of shareholders, (C) if the applicable DMP Fund has not commenced a Conditional Tender Offer within 15 business days of the applicable calendar quarter end if required to be commenced pursuant to the terms of the applicable DMP Fund Agreement, the date that is 16 business days after the applicable calendar quarter end, and (D) such date that the applicable DMP Fund determines not to conduct a Conditional Tender Offer if required to be conducted pursuant to the terms of the DMP Fund Agreement, unless the DMP Fund Agreement is terminated earlier by the parties. 27 On May 3, 2024, each Fund other than the DMP Funds and the Advisor separately entered into a standstill agreement with Karpus. During the effective period of each such standstill agreement, Karpus, each such Fund and the Advisor agreed to be bound by the terms of such agreement, which include an agreement by Karpus to (1) abide by certain standstill covenants, and (2) vote its Common Shares in accordance with the recommendation of such Fund’s Board on all proposals submitted to shareholders. Each such standstill agreement will remain in effect until the earlier of (A) May 3, 2027 and (B) 10 days prior to the record date for the applicable Fund’s 2027 annual meeting of shareholders, unless the agreement is terminated earlier by the parties. Saba Standstill Agreements On January 20, 2025, each Fund, other than BlackRock Health Sciences Term Trust (BMEZ) and BlackRock Technology & Private Equity Term Trust (BTX), and the Advisor separately entered into a standstill agreement with Saba Capital Management, L.P. (“Saba”). During the effective period of each such standstill agreement, Saba, each such Fund and the Advisor agreed to be bound by the terms of such agreement, which include an agreement by Saba to (1) abide by certain customary standstill covenants, (2) with respect to each of BlackRock California Municipal Income Trust (BFZ), BlackRock Capital Allocation Term Trust (BCAT), BlackRock MuniHoldings New York Quality Fund, Inc. (MHN), BlackRock MuniYield New York Quality Fund, Inc. (MYN), BlackRock New York Municipal Income Trust (BNY) and BlackRock Science and Technology Term