Common use of Allocation of Premiums Clause in Contracts

Allocation of Premiums. The premiums payable with respect to the Joint Bond shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it would bear for its allocable minimum amount of bond coverage.

Appears in 7 contracts

Samples: Joint Insurance Agreement (Lee Financial Mutual Fund, Inc.), Joint Insurance Agreement (Lee Financial Mutual Fund, Inc.), Joint Insurance Agreement (Lee Financial Mutual Fund, Inc.)

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Allocation of Premiums. a. The premiums payable with respect to the Joint Bond Bonds shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on in the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it would bear for its allocable same proportion as each party’s minimum amount of bond coverage as then reflected on Attachment I shall bear to the total of such minimum coverage.

Appears in 4 contracts

Samples: Joint Insurance Agreement (Russell Investment Funds), Joint Insurance Agreement (Russell Investment Funds), Joint Insurance Agreement (Russell Investment Co)

Allocation of Premiums. a. The premiums payable with respect to the Joint Bond Bonds shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on in the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it would bear for its allocable same proportion as each party's minimum amount of bond coverage as then reflected on Attachment II shall bear to the total of such minimum coverage.

Appears in 4 contracts

Samples: Joint Insurance Agreement (Delaware Investments Global Dividend & Income Fund Inc), Joint Insurance Agreement (Russell Frank Investment Co), Joint Insurance Agreement (Russell Frank Investment Co)

Allocation of Premiums. The premiums payable with respect to the Joint Bond shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on in the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it same proportion as each party would bear for its allocable minimum amount of bond coverage.

Appears in 3 contracts

Samples: Joint Fidelity Bond Agreement (Bennett Group Master Funds), Joint Fidelity Bond Agreement (Bennett Group Master Funds), Joint Insurance Agreement (First Pacific Mutual Fund Inc /Hi/)

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Allocation of Premiums. a. The premiums payable with respect to the Joint Bond Bonds shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on in the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it would bear for its allocable same proportion as each party’s minimum amount of bond coverage as then reflected on Attachment II shall bear to the total of such minimum coverage.

Appears in 1 contract

Samples: Joint Insurance Agreement (Russell Frank Investment Co)

Allocation of Premiums. The premiums payable with respect to the Joint Bond shall be allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) based on the proportions recommended by the insurance broker, provided that the premium payable by the Fund shall be no greater than the amount it would bear for its allocable minimum amount of bond coverage.shown on Schedule A.

Appears in 1 contract

Samples: Joint Insurance Agreement (Cresset Private Markets Opportunity Fund)

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