Company: SRV
Filing Date: 2025-04-10
Form Type: N-2
Source: 0001398344-25-006954
Chunk: 47

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-04-10
Form: N-2
Chunk 47
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 by the syndicate member is purchased in syndicate covering transactions 
 or otherwise.                                                                                                                                 |

Any of these activities may
stabilize or maintain the market price of the Securities above independent market levels. The underwriters are not required to engage
in these activities, and may end any of these activities at any time.

In connection with any Rights
offering, the Fund may also enter into a standby underwriting arrangement with one or more underwriters pursuant to which the underwriter(s)
will purchase Common Shares remaining unsubscribed for after the Rights offering.

Any underwriters to whom
the offered Securities are sold for offering and sale may make a market in the offered Securities, but the underwriters will not be obligated
to do so and may discontinue any market-making at any time without notice. There can be no assurance that there will be a liquid trading
market for the offered Securities.

Under agreements entered
into with the Fund, underwriters and agents may be entitled to indemnification by the Fund and the Investment Adviser against certain
civil liabilities, including liabilities under the Securities Act, or to contribution for payments the underwriters or agents may be required
to make.

The underwriters, agents
and their affiliates may engage in financial or other business transactions with the Fund in the ordinary course of business.

Pursuant to a requirement
of the Financial Industry Regulatory Authority, Inc. (“FINRA”) the maximum compensation to be received by any FINRA member
or independent broker-dealer may not be greater than eight percent (8%) of the gross proceeds received by the Fund for the sale of any
securities being registered pursuant to SEC Rule 415 under the Securities Act.

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The aggregate offering price
specified on the cover of this Prospectus relates to the offering of the Securities not yet issued as of the date of this Prospectus.

To the extent permitted under
the 1940 Act and the rules and regulations promulgated thereunder, the underwriters may from time to time act as a broker or dealer and
receive fees in connection with the execution of portfolio transactions on behalf of the Fund after the underwriters have ceased to be
underwriters and, subject to certain restrictions, each may act as a broker while it is an underwriter.

A Prospectus and accompanying
Prospectus Supplement in electronic form may be made available on the websites maintained by underwriters. The underwriters may agree
to allocate a number of Securities for sale to their online brokerage account holders. Such allocations