Bond definition
Examples of Bond in a sentence
If after giving effect to Paragraph A there remains a portion of the insurance under the Bond available for the satisfaction of claims of parties other than the Funds, such remainder shall be applied as CRM shall determine.
All claims of the Funds that have been duly proved and established under the Bond shall be satisfied in full before satisfaction of any claims of any non-Fund Insured party.
This Fidelity Bond Premium Sharing Agreement shall become effective as of December 31, 2016.
The premium payable on the Bond shall be allocated between the Funds and the CRM Parties in the manner approved by the Board of Trustees/Directors of the Funds (the “Board”), including a majority of the Board who are not “interested persons” of the Funds as defined by Section 2 (a) (19) of the Investment Company Act of 1940, as amended (the “1940 Act”) (the “Independent Trustees/Directors”).