Common use of Subsequent Allocation Clause in Contracts

Subsequent Allocation. Any Bond proceeds unallocated after the initial allocation shall be allocated to the Funds for which the loss was not covered by the initial allocation.

Appears in 10 contracts

Sources: Fidelity Bond Joint Insureds Agreement (Equitrust Series Fund Inc), Fidelity Bond Joint Insureds Agreement (Equitrust Variable Insurance Series Fund), Fidelity Bond (Equitrust Variable Insurance Series Fund)