POWER OF ATTORNEY
LORD SECURITIES CORPORATION (the Company) hereby appoints Ms. Deirdre Brady (an
Attorney-In-Fact) of Ashurst LLP (the Firm), Times Square Tower, 7 Times Square,
42nd Floor, New York, NY 10036, as its duly appointed attorney-in-fact to bind the
Company and to execute, acknowledge, deliver and file any and all statements on Form ID (including,
but not limited to, obtaining the Central Index Key (CIK) and the CIK confirmation code (CCC)
from the Securities and Exchange Commission) and Form 3 and any successor forms adopted by the
Securities and Exchange Commission, as may be required by the Securities Act of 1933, the
Securities Act of 1934 and the Investment Company Act of 1940 and the rules thereunder, and
requisite documents related to its security position respecting each BlackRock closed-end
investment company listed on Annex A hereto, and any and all amendments or modifications thereof
and other undertakings of the Company as directed orally or in writing by a duly authorized officer
or representative of the Company.
The Company shall indemnify the Attorney-In-Fact and the Firm and keep the Attorney-In-Fact and the
Firm indemnified against any and all direct costs, claims and liabilities which the
Attorney-In-Fact or the Firm may incur as a result of anything done by the Attorney-In-Fact in the
exercise of any of the powers granted by this power of attorney.
The powers granted are to be given the widest possible interpretation so as to permit and enable
the purpose for which they have been granted.
This Power of Attorney shall be construed in accordance with and governed by the laws of New York.
This Power of Attorney shall expire in six (6) months from the date hereof unless expressly revoked
by the Company prior to said date, in which case this Power of Attorney will immediately be
terminated.
IN WITNESS WHEREOF this Power of Attorney has been executed and delivered on March 6, 2012.
LORD SECURITIES CORPORATION
|
|
|
|
|
By:
|
|
/s/ Orlando C. Figueroa
|
|
|
|
|
Name: Orlando C. Figueroa |
|
|
|
|
Title: Managing Director |
|
|
ACKNOWLEDGEMENT
State of New York
County of New York
On the 6th day of March in the year 2012 before me, Michael Newell, personally appeared Orlando C.
Figueroa, personally known to me or proved to me on the basis of satisfactory evidence to be the
individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me
that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their
signature(s) on the instrument, the individual(s), or the person upon behalf of which the
individual(s) acted, executed the instrument.
/s/ Michael Newell
(Signature and office of individual taking acknowledgement.)
Michael Newell
Notary Public, State of New York
No. 01NE6172204
Qualified in New York County
Commission Expires Aug 06, 2015