Bond. The Advisor shall maintain a fidelity bond with a responsible surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to losses of any such property from acts of such directors, officers, employees, and agents through theft, embezzlement, fraud, negligence, error, or omission or otherwise, the premium for said bond to be at the expense of the Company.
Appears in 10 contracts
Samples: Advisory Agreement (Transcontinental Realty Investors Inc), Advisory Agreement (American Realty Investors Inc), Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/)
Bond. The Advisor shall shall, upon request by the Trust, maintain a such fidelity bond with a responsible responsibility surety company and in such amount as may be required by the Directors Trust from time to time, covering all directors, officers, employees, officers and agents employees of the Advisor handling funds of the Company Trust and any investment documents or records pertaining to investments of the Company. Such papers, which bond shall inure to the benefit of the Company Trust in respect to of losses of any such property from acts of such directors, officers, employees, officers and agents employees through theft, embezzlement, fraud, negligencenegligence in act, error, or omission or otherwise, the premium for said the bond to be at the expense of the CompanyTrust.
Appears in 4 contracts
Samples: Advisory Management Agreement (Dakota Real Estate Investment Trust), Advisory Management Agreement (Dakota Real Estate Investment Trust), Advisory Management Agreement (Dakota Real Estate Investment Trust)
Bond. The Advisor shall maintain a fidelity bond with a responsible surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, employees and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to of losses of any such property from acts of such directors, officers, employees, and agents persons through theft, embezzlement, fraud, negligence, error, error or omission or otherwiseotherwise (provided that such bond can be obtained for such acts at reasonable expense), the premium for said bond to be at the expense of the Company.
Appears in 3 contracts
Samples: Advisory Agreement (American Realty Investors Inc), Advisory Agreement (American Realty Trust Inc), Advisory Agreement (American Realty Investors Inc)
Bond. The Advisor shall maintain a fidelity bond with a responsible ---- surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to losses of any such property from acts of such directors, officers, employees, and agents through theft, embezzlement, fraud, negligence, error, or omission or otherwise, the premium for said bond to be at the expense of the Company.
Appears in 2 contracts
Samples: Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/), Property Management and Advisory Agreement (Amerivest Properties Inc)
Bond. The Advisor shall maintain a fidelity bond with a ---- responsible surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, employees and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to of losses of any such property from acts of such directors, officers, employees, and agents persons through theft, embezzlement, fraud, negligence, error, error or omission or otherwiseotherwise (provided that such bond can be obtained for such acts at reasonable expense), the premium for said bond to be at the expense of the Company.
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