Allocation of Recoveries. (a) If more than one of the parties hereto is damaged in a single loss for which recovery is received under the policy, each such party shall receive that portion of the recovery which represents the loss sustained by that party, unless the recovery is inadequate to fully indemnify such party sustaining loss.
Appears in 27 contracts
Samples: Allocation Agreement (Voya FUNDS TRUST), Allocation Agreement (Ing Series Fund Inc), Allocation Agreement (Voya Enhanced Securitized Income Fund)
Allocation of Recoveries. (a) If more than one of the parties hereto is damaged in a single loss for which recovery is received under the policyFidelity Bond, each such party shall receive that portion of the recovery which represents the loss sustained by that party, unless the recovery is inadequate to indemnify fully indemnify such party sustaining a loss.
Appears in 19 contracts
Samples: Allocation Agreement (Morgan Stanley Pathway Funds), Allocation Agreement (Morgan Stanley Pathway Funds), Allocation Agreement (Consulting Group Capital Markets Funds)
Allocation of Recoveries. (a) If more than one of the parties hereto is damaged in a single loss for which recovery is received under the policyBond, each such party shall receive that portion of the recovery which represents the loss sustained by that party, unless the recovery is inadequate to fully indemnify such party sustaining loss.
Appears in 3 contracts
Samples: Allocation Agreement (Ing Vp Bond Portfolio), Allocation Agreement (Ing Vp Money Market Portfolio), Allocation Agreement (Ing Series Fund Inc)
