Allocation of Recoveries. (a) If more than one of the parties hereto is damaged in a single loss for which recovery is received under the Fidelity Bond, each such party shall receive an equitable and proportionate share of the recovery, but investment companies shall receive an amount at least equal to the amount such party would have received had it provided and maintained a single insured bond with the minimum coverage as required by Rule 17g-1 under the Act.
Appears in 14 contracts
Samples: Amended Allocation Agreement (World Funds Inc /Md/), Amended Allocation Agreement (World Funds Trust), Amended Allocation Agreement (DGHM Investment Trust)