Common use of Claims and Settlements Clause in Contracts

Claims and Settlements. Each Fund shall, within 5 days after making any claim under the bond, provide every other Fund and the Commission with written notice of the amount and nature of such claim. Each Fund effecting a settlement of any claim shall, within 5 days after the settlement, provide the other Funds and the Commission with written notice of the terms of settlement of any claim by such Fund made under the bond. In the event that two or more Funds shall agree to a settlement of a claim made under the bond with respect to a single loss, notice of the settlement shall also include calculation of the amounts to be received under Paragraph 4 hereof. The officer to each Fund designated as responsible for filing notices required by paragraph (c) of Rule 17g-1 under the Act shall give and receive the notices required hereby.

Claims and Settlements. Each Fund shall, within 5 five days after the making of any claim under the joint insured fidelity bond, provide every the other Fund and the Commission Funds with written notice of the amount and nature of such claim. Each Fund effecting a settlement of any claim shall, within 5 five days after the settlement, provide the other Funds and the Commission with written notice of the terms of settlement of any claim by such Fund made under the bondbond by such Fund. In the event that If two or more Funds shall agree to a settlement of a claim made under the bond with respect to a single lossloss affecting them, notice of the settlement shall also include calculation of the amounts to be received under Paragraph 4 hereofparagraph 4. The officer to officers of each Fund designated as responsible for filing notices required by paragraph (cg) of Rule 17g-1 under the Act shall give and receive the notices any notice required hereby.

Claims and Settlements. Each Fund shall, within 5 five (5) days after the making of any claim under the bondBond, provide every the other Fund and the Commission Funds with written notice of the amount and nature of such claim. Each Fund effecting a settlement of any claim shall, within 5 five (5) days after of the settlementreceipt thereof, provide the other Funds and the Commission with written notice of the terms of settlement of any claim by such Fund made under the bondBond by such Fund. In the event that two (2) or more Funds shall agree to a settlement of a claim made under the bond Bond with respect to a single loss, notice of the settlement shall also include calculation of the amounts to be received under Paragraph 4 hereof. The officer to officers of each Fund designated as responsible for filing notices required by paragraph (cg) of Rule 17g-1 under the Act shall give and receive the any notices required herebyhereby with respect to such Fund.