Ratable Allocation of Premium. So long as each Fund continues to operate as an investment company, each Fund agrees to pay its proportionate share of the total premium due under the Policy, which share shall be determined based on each Fund’s proportionate share of the sum of the premiums that would have been paid if such insurance coverage were purchased separately by the Funds.
Appears in 90 contracts
Samples: Joint Liability Insurance Agreement (Felicitas Private Markets Fund), Joint Liability Insurance Agreement (FT Vest Hedged Equity Income Fund: Series A4), Joint Liability Insurance Agreement (FT Vest Total Return Income Fund: Series A4)
Ratable Allocation of Premium. So long as each Fund continues to operate as an investment company, each Fund agrees to pay its proportionate share of the total premium due under the Policy, which share shall be determined based on each Fund’s 's proportionate share of the sum of the premiums that would have been paid if such insurance coverage were purchased separately by the Funds.
Appears in 2 contracts
Samples: Joint Liability Insurance Agreement (First Trust Hedged Strategies Fund), Joint Liability Insurance Agreement (Variant Alternative Income Fund)
Ratable Allocation of Premium. So long as each the Fund continues to operate as an investment company, each Fund Party agrees to pay its proportionate share of the total premium due under the Policy, which share shall be determined based on each FundParty’s proportionate share of the sum of the premiums that would have been paid if such insurance coverage were purchased separately by the FundsParties.
Appears in 2 contracts
Samples: Joint Liability Insurance Agreement (Hamilton Lane Private Assets Fund), Joint Liability Insurance Agreement (Cresset Private Markets Opportunity Fund)
