UNDERWRITING AGREEMENTUnderwriting Agreement • November 17th, 2003 • Blackrock Municipal 2020 Term Trust • New York
BlackRock Municipal 2020 Term Trust, a Delaware statutory trust (the "Fund"), proposes to issue and sell to the underwriters named in Schedule A annexed hereto (the "Underwriters") an aggregate of 2,368 preferred shares of beneficial interest of the Fund, par value $0.001 per share, designated Series M7 Auction Preferred Shares of the Fund, 2,368 preferred shares of beneficial interest of the Fund, par value $0.001 per share, designated Series W7 Auction Preferred Shares of the Fund and 2,368 preferred shares of beneficial interest of the Fund, par value $0.001 per share, designated Series F7 Auction Preferred Shares of the Fund, each with a liquidation preference of $25,000 per share (the "APS").
BROKER-DEALER AGREEMENT dated as of [ ] Relating to Auction Preferred Shares Series [ ], [ ] and [ ] of BLACKROCK MUNICIPAL 2020 TERM TRUSTBroker-Dealer Agreement • November 17th, 2003 • Blackrock Municipal 2020 Term Trust • New York
This Broker-Dealer Agreement dated as of [ ] is between The Bank of New York, a New York banking corporation (the "Auction Agent") (not in its individual capacity, but solely as agent of BlackRock Municipal 2020 Term Trust (the "Fund"), pursuant to authority granted to it in the Auction Agency Agreement dated as of [ ] between the Fund and the Auction Agent (the "Auction Agency Agreement")) and [Broker-Dealer] (together with its successors and assigns, "BD").
AUCTION AGENCY AGREEMENT dated as of [ ] Relating to Auction Preferred Shares Series [ ], [ ] and [ ] Of BLACKROCK MUNICIPAL 2020 TERM TRUSTAuction Agency Agreement • November 17th, 2003 • Blackrock Municipal 2020 Term Trust • New York
This Auction Agency Agreement (this "Agreement"), dated as of [ ], 2003 is between BlackRock Municipal 2020 Term Trust (the "Fund") and The Bank of New York, a New York banking corporation.
