Common use of Opinion of Counsel for the Fund and the Adviser Clause in Contracts

Opinion of Counsel for the Fund and the Adviser. At Closing Time, the Representatives shall have received the favorable opinions, dated as of Closing Time, from Xxxxxxxxx Xxxxxxx Xxxxx Xxxxxx LLP, counsel for the Fund and Advisor and Vedder, Price, Xxxxxxx & Kammholz, P.C., special counsel for the Fund, together with signed and reproduced copies of such letters for each of the other Underwriters, which opinions shall be substantially similar to those opinions delivered on February 27, 2004, in connection with the initial public offering of the Fund, and to such further effect as counsel to the Underwriters may reasonably request. As to matters of Maryland law, Vedder, Price, Xxxxxxx & Kammholz, P.C. may rely on the opinion of Xxxxxxx LLP.

Opinion of Counsel for the Fund and the Adviser. At Closing Time, the Representatives shall have received the favorable opinions, dated as of Closing Time, from Husch Xxxxxxxxx Xxxxxxx Xxxxx Xxxxxx LLP, counsel for the Fund and Advisor and Vedder, Price, Xxxxxxx & Kammholz, P.C., special counsel for the FundAdvisor, together with signed and reproduced copies of such letters for each of the other Underwriters, which opinions shall be substantially similar to those opinions delivered on February 27December 14, 20042009 (modified to take into account the offering of Common Shares instead of Preferred Shares), in connection with the initial public offering placement of securities of the FundFund which was made on such date, and to such further effect as counsel to the Underwriters may reasonably request. As to matters of Maryland law, Vedder, Price, Husch Xxxxxxxxx Xxxxxxx & Kammholz, P.C. LLP may rely on the opinion of Xxxxxxx LLP.

Opinion of Counsel for the Fund and the Adviser. At Closing Time, the Representatives shall have received the favorable opinions, dated as of Closing Time, from Xxxxxx Price P.C., counsel for the Fund, and Husch Xxxxxxxxx Xxxxxxx Xxxxx Xxxxxx LLP, counsel for the Fund Advisor, and Advisor and Vedder, Price, Xxxxxxx & Kammholz, P.C., special counsel for the Fund, together with signed and reproduced copies of such letters for each of the other Underwriters, which opinions shall be substantially similar to those opinions delivered on February 27June 24, 2004, 2008 in connection with the initial a public offering of the FundFund which was made on such date, and to such further effect as counsel to the Underwriters may reasonably request. As to matters of Maryland law, Vedder, Price, Xxxxxxx & Kammholz, Xxxxxx Price P.C. may rely on the opinion of Xxxxxxx LLP.

Opinion of Counsel for the Fund and the Adviser. At Closing Time, the Representatives shall have received the favorable opinions, dated as of Closing Time, from Xxxxxxxxx Xxxxxxx Xxxxx Bxxxxxxxx Sxxxxxx Pxxxx Xxxxxx LLP, counsel for the Fund and Advisor and Vedder, Price, Xxxxxxx Kxxxxxx & Kammholz, P.C., special counsel for the Fund, together with signed and reproduced copies of such letters for each of the other Underwriters, which opinions shall be substantially similar to those opinions delivered on February 27, 2004, in connection with the initial public offering of the Fund, and to such further effect as counsel to the Underwriters may reasonably request. As to matters of Maryland law, Vedder, Price, Xxxxxxx Kxxxxxx & Kammholz, P.C. may rely on the opinion of Xxxxxxx Vxxxxxx LLP.