Common use of CHANGE OR MODIFICATION Clause in Contracts

CHANGE OR MODIFICATION. made ▇▇▇▇▇▇▇▇▇ to said first named Insured, This bond or any instrument amending or (d) knowledge possessed or discovery made effecting same may not be changed or modified by any partner, officer or supervisory orally. No changes in or modification thereof shall be Employee of any Insured shall for the effective unless made by written endorsement issued purposes of Section 4 and Section 13 of to form a part hereof over the signature of the this bond constitute knowledge or Underwriter's Authorized Representative. When a discovery by all the Insured, and bond covers only one Investment Company no change or modification which would adversely affect the (e) if the first named Insured ceases for any rights of the Investment Company shall be effective reason to be covered under this bond, prior to 60 days after written notification has been then the Insured next named shall furnished to the Securities and Exchange Commission, thereafter be considered as the first Washington, D.C. by the Insured or by the 41206 (9/84)