Bond. The Advisor shall maintain a fidelity bond with a responsible surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to losses of any such property from acts of such directors, officers, employees, and agents through theft, embezzlement, fraud, negligence, error, or omission or otherwise, the premium for said bond to be at the expense of the Company.
Appears in 10 contracts
Sources: Advisory Agreement (Transcontinental Realty Investors Inc), Advisory Agreement (American Realty Investors Inc), Advisory Agreement (Income Opportunity Realty Investors Inc /Tx/)
Bond. The Advisor shall maintain a fidelity bond with a responsible surety company in such amount as may be required by the Directors from time to time, covering all directors, officers, employees, employees and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to of losses of any such property from acts of such directors, officers, employees, and agents persons through theft, embezzlement, fraud, negligence, error, error or omission or otherwiseotherwise (provided that such bond can be obtained for such acts at reasonable expense), the premium for said bond to be at the expense of the Company.
Appears in 3 contracts
Sources: Advisory Agreement (American Realty Investors Inc), Advisory Agreement (American Realty Trust Inc), Advisory Agreement (American Realty Investors Inc)
Bond. The If required by the Trustees, the Advisor shall will maintain a fidelity bond with a responsible surety company in such amount amounts as may be required by the Directors from time to timeTrustees, covering all directors, officers, employees, employees and agents of the Advisor handling funds of the Company Trust and any investment documents or records pertaining to investments of the CompanyTrust. Such bond bonds shall inure to the benefit of the Company Trust in respect to of losses of any such property from acts of such directors, officers, employees, employees and agents through theft, embezzlement, fraud, negligence, error, error or omission or otherwise, . The premiums on such bond shall be paid by the premium for said bond to be at the expense of the CompanyTrust.
Appears in 2 contracts
Sources: Advisory Services Agreement (Krupp Government Income Trust-Ii), Advisory Services Agreement (Krupp Government Income Trust)
Bond. The Advisor shall maintain a fidelity bond with a responsible surety company in such amount as may be required by the Directors Trustees from time to time, covering all directors, officers, employees, and agents of the Advisor handling funds of the Company Trust and any investment documents or records pertaining to investments of the CompanyTrust. Such bond shall inure to the benefit of the Company Trust in respect to losses of any such property from acts of such directors, officers, employees, and agents through theft, embezzlement, fraud, negligence, error, or omission or otherwise, the premium for said bond to be at the expense of the CompanyTrust.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (American Realty Trust Inc), Advisory Agreement (Continental Mortgage & Equity Trust)
Bond. The Advisor Adviser shall maintain a fidelity bond with a the responsible surety company in such reasonable amount as may be required by the Directors from time to time, time covering all directors, its officers, employees, employees and agents of the Advisor handling funds of the Company and any investment documents or records pertaining to investments of the Company. Such bond shall inure to the benefit of the Company in respect to of losses of any such property from acts of such directors, officers, employees, and agents persons through theft, embezzlement, fraud, negligence, error, or omission error or otherwise, the premium for said bond to be at the expense of the Company.
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