Common use of Allocation of Premiums Clause in Contracts

Allocation of Premiums. Premiums due and payable under the Bond (as defined in the Agreement) shall be paid 90% by the Trust and 10% by the Manager or its affiliates. Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

Allocation of Premiums. Premiums due and payable under the Bond (as defined in the Agreement) shall be paid 90% by the Trust and 10% by The Equitable Life Assurance Society of the Manager United States (“Equitable”) or its affiliates. Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.