Common use of Intention to Procure Joint Insured Fidelity Bond Clause in Contracts

Intention to Procure Joint Insured Fidelity Bond. The Funds will procure from a reputable fidelity insurance company, authorized to do business in the place where the fidelity bond is issued, a joint insured fidelity bond insuring each against larceny and embezzlement of its securities and funds by persons who may, singly or jointly with others, have access, directly or indirectly, to such securities or funds. The bond shall name each Fund as an insured, and shall comply with the requirements for such bonds established by Rule 17g-1.

Intention to Procure Joint Insured Fidelity Bond. The Funds parties will procure from a reputable fidelity insurance company, authorized to do business in the place where the fidelity bond is issued, a joint insured fidelity bond insuring each against larceny and embezzlement of its securities and funds by persons who may, singly or jointly with others, have access, directly or indirectly, to such securities or funds. The bond shall name each Fund party as an insured, and shall comply with the requirements for such bonds established by Rule 17g-1.