Ratable Allocation of Proceeds. (a) If only one Fund is damaged in a single loss for which recovery is received under the joint insured fidelity bond, the proceeds of the bond shall be paid to such Fund.
Appears in 4 contracts
Samples: Joint Insured Fidelity Bond Agreement (Stratton Real Estate Fund, Inc.), Joint Insured Fidelity Bond Agreement (Stratton Mid Cap Value Fund, Inc.), Joint Insured Fidelity Bond Agreement (Stratton Multi-Cap Fund, Inc.)