Minimum Recovery. In the event recovery is received under the Bond as a result of a loss sustained by the Adviser or one or more of the Funds, each Fund shall receive an equitable and proportionate share of the recovery, which shall be at least equal to the amount that each Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1).
Appears in 9 contracts
Samples: Fidelity Bond Agreement (Cohen & Steers MLP & Energy Opportunity Fund, Inc.), Fidelity Bond Agreement (Cohen & Steers Dividend Majors Fund, Inc.), Fidelity Bond Agreement (Cohen & Steers Realty Income Fund Inc)
Minimum Recovery. In the event recovery is received under the Bond as a result of a loss sustained by the Adviser or one or more of the Funds, each Fund shall receive an equitable and proportionate share of the recovery, recovery which shall be at least equal to the amount that which each Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1).
Appears in 7 contracts
Samples: Joint Fidelity Bond Agreement (James Advantage Funds), Joint Fidelity Bond Agreement (James Advantage Funds), Joint Fidelity Bond Agreement (James Advantage Funds)
Minimum Recovery. In the event recovery is received under the Bond as a result of a loss sustained by the Adviser or one or more of the Funds, each Fund shall receive an equitable and proportionate share of the recovery, recovery which shall be at least equal to the amount that which each Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1).
Appears in 4 contracts
Samples: Fidelity Bond Agreement (SteelPath MLP Funds Trust), Fidelity Bond Agreement (SteelPath MLP Funds Trust), Fidelity Bond Agreement (SteelPath MLP Funds Trust)
Minimum Recovery. In the event recovery is received under the Bond as a result of a loss sustained by the Adviser or one or more of the Funds, each Fund shall receive an equitable and proportionate share of the recovery, recovery which shall be at least equal to the amount that which each Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1).
Appears in 1 contract
Samples: Joint Fidelity Bond Agreement (James Advantage Funds)
Minimum Recovery. In the event recovery is received under the Bond as a result of a loss sustained by the Adviser or one or more of the Funds, each Fund shall receive an equitable and proportionate share of the recovery, recovery which shall be at least equal to the amount that which each Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1)) under the 1940 Act.
Appears in 1 contract
