Company: MYI
Filing Date: 2025-07-16
Form Type: N-14 8C
Source: 0001193125-25-159991
Chunk: 242

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-16
Form: N-14 8C
Chunk 242
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 MIY VRDP Shares and the MVT and MVF VMTP Shares, as applicable, and will serve in such capacity with respect to the VRDP
Shares of the Combined Fund.

Acquiring Fund and MIY VRDP Shares Liquidity Providers

Toronto-Dominion Bank, acting through its New York branch serves as the liquidity provider for a series of the Acquiring Fund VRDP Shares and
the MIY VDRP Shares.

Acquiring Fund and MIY VRDP Shares Remarketing Agents

RBC Capital Markets, LLC and TD Securities (USA) LLC each serve as the remarketing agent for a series of the Acquiring Fund VRDP Shares. BofA
Securities, Inc. serves as the remarketing agent for the MIY VRDP Shares.

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INFORMATION ABOUT THE COMMON SHARES OF THE FUNDS General Common shareholders of each Fund are entitled to share pro rata in dividends declared by such Fund’s Board as payable to holders of the Fund’s common shares and in the net assets of the Fund available for distribution to holders of the common shares. Common shareholders do not have preemptive or conversion rights and each Fund’s common shares are not redeemable. Voting rights are identical for the common shareholders of each Fund. Common shareholders of each Fund are entitled to one vote for each Share held by them and do not have any preemptive or preferential right to purchase or subscribe to any Shares of such Fund. Each Fund’s common shares do not have cumulative voting rights, which means that the holders of more than 50% of a Fund’s common shares voting for the election of Board Members can elect all of the Board Members standing for election by such holders, and, in such event, the holders of the Fund’s remaining common shares will not be able to elect any Board Members. The outstanding MVT, MIY, MVF and Acquiring Fund common shares are fully paid and non-assessable,except that the Board of each Fund has the power to cause common shareholders to pay certain expenses of the applicable Fund by setting off charges due from common shareholders from declared but unpaid dividends or distributions owed the common shareholders and/or by reducing the number of common shares owned by each respective common shareholder. Whenever preferred shares, including VMTP Shares or VRDP Shares, as applicable, are outstanding, a Fund may not declare a dividend or distribution to common shareholders (other than a distribution paid in shares of, or in options, warrants or rights to subscribe for or purchase, common shares or other shares, if any, ranking junior to