Company: EMD
Filing Date: 2025-12-19
Form Type: 40-17G
Source: 0001655589-25-000267
Chunk: 19

Company: WESTERN ASSET EMERGING MARKETS DEBT FUND INC.
Filing Date: 2025-12-19
Form: 40-17G
Chunk 19
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 or the Underwriter, on account of any loss within the applicable
Limit of Liability hereunder, the Underwriter shall be entitled to the full amount of such recovery to
reimburse the Underwriter for all amounts paid hereunder with respect to such loss. If any recovery is
made, whether by the Insured or the Underwriter, on account of any loss in excess of the applicable Limit
of Liability hereunder plus the Deductible Amount applicable to such loss from any source other than
suretyship, insurance, reinsurance, security or indemnity taken by or for the benefit of the Underwriter,
the amount of such recovery, net of the actual costs and expenses of recovery, shall be applied to reimburse
the Insured in full for the portion of such loss in excess of such Limit of Liability, and the remainder,
if any, shall be paid first to reimburse the Underwriter for all amounts paid hereunder with respect
to such loss and then to the Insured to the extent of the portion of such loss within the Deductible
Amount. The Insured shall execute all documents which the Underwriter deems necessary or desirable to
secure to the Underwriter the rights provided for herein.

**SECTION 9.NON-REDUCTION AND NON-ACCUMULATION OF LIABILITY AND TOTAL LIABILITY**

Prior
to its termination, this Bond shall continue in force up to the Limit of Liability for each Insuring
Agreement for each Single Loss, notwithstanding any previous loss (other than such Single Loss) for which
the Underwriter may have paid or be liable to pay hereunder; PROVIDED, however, that regardless of the
number of years this Bond shall continue in force and the number of premiums which shall be payable or
paid, the liability of the Underwriter under this Bond with respect to any Single Loss shall be limited
to the applicable Limit of Liability irrespective of the total amount of such Single Loss and shall not
be cumulative in amounts from year to year or from period to period.

**SECTION 10.MAXIMUM LIABILITY OF UNDERWRITER; OTHER BONDS OR POLICIES**

The
maximum liability of the Underwriter for any Single Loss covered by any Insuring Agreement under this
Bond shall be the Limit of Liability applicable to such Insuring Agreement, subject to the applicable
Deductible Amount and the other provisions of this Bond. Recovery for any Single Loss may not be made
under more than one Insuring Agreement. If any Single Loss covered under this Bond is recoverable