Allocation of Premiums. Except as otherwise provided below, the Bond premium for any period shall be allocated among the Parties insured during that period in proportion to their respective net assets. However, in the event that one or more Insureds claim Insured Losses, any increase in premium in subsequent Bond Periods due to such claims, as determined by the broker, shall be allocated among the Parties that made such claims in proportion to their respective net assets.
Appears in 26 contracts
Samples: Fidelity Bond Allocation Agreement (Loomis Sayles Funds I), Fidelity Bond Allocation Agreement (Loomis Sayles Funds I), Fidelity Bond Allocation Agreement (Loomis Sayles Funds I)
