AGREEMENT AMONG CO-INSUREDS The undersigned parties, being all the assured parties under a Financial Institution Investment Company Asset Protection Bond No. 01-406-07-19 issued by National Union Fire Insurance Company (the "Bond"), do each hereby...Agreement Among Co-Insureds • April 2nd, 2009 • Tax Exempt Proceeds Fund Inc
The undersigned parties, being all the assured parties under a Financial Institution Investment Company Asset Protection Bond No. 01-406-07-19 issued by National Union Fire Insurance Company (the "Bond"), do each hereby agree that in the event recovery is received under the bond as a result of loss sustained by more than one of the undersigned parties, each party shall receive an equitable and proportionate share of the recovery, but at least equal to the amount which it would have received had it provided and maintained a blanket bond naming it as the only assured party, with the minimum coverage required under the Investment Company Act of 1940.
