Company: SRV
Filing Date: 2025-10-22
Form Type: N-2/A
Source: 0001398344-25-019582
Chunk: 46

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-10-22
Form: N-2/A
Chunk 46
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through agents that the Fund may designate. The Fund will name any agent involved in the offer and sale and describe any commissions payable
by the Fund in the Prospectus Supplement. Unless otherwise indicated in the Prospectus Supplement, the agents will be acting on a best
efforts basis for the period of their appointment.

By Underwriters

The Fund may offer and sell
Securities from time to time to one or more underwriters who would purchase the Securities as principal for resale to the public, either
on a firm commitment or best efforts basis. If the Fund sells Securities to underwriters, the Fund will execute an underwriting agreement
with them at the time of the sale and will name them in the Prospectus Supplement. In connection with these sales, the underwriters may
be deemed to have received compensation from the Fund in the form of underwriting discounts and commissions. The underwriters also may
receive commissions from purchasers of Securities for whom they may act as agent. Unless otherwise stated in the Prospectus Supplement,
the underwriters will not be obligated to purchase the Securities unless the conditions set forth in the underwriting agreement are satisfied,
and if the underwriters purchase any of the Securities, they will be required to purchase all of the offered Securities. The underwriters
may sell the offered Securities to or through dealers, and those dealers may receive discounts, concessions or commissions from the underwriters
as well as from the purchasers for whom they may act as agent. Any public offering price and any discounts or concessions allowed or reallowed
or paid to dealers may be changed from time to time.

In connection with an offering
of Common Shares, if a Prospectus Supplement so indicates, the Fund may grant the underwriters an option to purchase additional Common
Shares at the public offering price, less the underwriting discounts and commissions, within 45 days from the date of the Prospectus Supplement,
to cover any overallotments.

By Dealers

The Fund may offer and sell
Securities from time to time to one or more dealers who would purchase the securities as principal. The dealers then may resell the offered
Securities to the public at fixed or varying prices to be determined by those dealers at the time of resale. The Fund will set forth the
names of the dealers and the terms of the transaction in the Prospectus Supplement.

General Information

Agents, underwriters or dealers
participating in an offering of Securities may be deemed to be underwriters, and any discounts and commission received by them and any
profit realized by