Company: EMD
Filing Date: 2025-12-19
Form Type: 40-17G
Source: 0001655589-25-000267
Chunk: 18

Company: WESTERN ASSET EMERGING MARKETS DEBT FUND INC.
Filing Date: 2025-12-19
Form: 40-17G
Chunk 18
---
 of Securities which must be produced to exercise subscription, conversion, redemption or deposit privileges shall be the market value of such privileges immediately preceding the expiration thereof if the loss of such Securities is not discovered until after such expiration, but if there is no quoted or other ascertainable market price for such Property or privileges referred to in clauses (1) and (2), their value shall be fixed by agreement between the parties or by arbitration before an arbitrator or arbitrators acceptable to the parties; and

(3)the value of books of accounts or other records used by the Insured in the conduct of its business shall be limited to the actual cost of blank books, blank pages or other materials if the books or records are reproduced plus the cost of labor for the transcription or copying of data furnished by the Insured for reproduction.

#### SECTION 7. LOST SECURITIES
The maximum liability of the Underwriter hereunder for lost Securities shall be the payment for, or replacement of, such Securities having an aggregate value not to exceed the applicable Limit of Liability. If the Underwriter shall make payment to the Insured for any loss ofSecurities, the Insured shall assign to the Underwriter all of the Insured’s right, title and interest in and to such Securities. In lieu of such payment, the Underwriter may, at its option, replace such lost Securities, and in such case the Insured shall cooperate to effect such replacement. To effect the replacement of lost Securities, the Underwriter may issue or arrange for the issuance of a lost instrument bond. If the value of such Securities does not exceed the applicable Deductible Amount (at the time of the discovery of the loss), the Insured will pay the usual premium charged for the lost instrument bond and will indemnify the issuer of such bond against all loss and expense that it may sustain because of the issuance of such bond.

If the value of such Securities
exceeds the applicable Deductible Amount (at the time of discovery of the loss), the Insured will pay
a proportion of the usual premium charged for the lost instrument bond,

equal to the percentage that the applicable
Deductible Amount bears to the value of such Securities upon discovery of the loss, and will indemnify
the issuer of such bond against all loss and expense that is not recovered from the Underwriter under
the terms and conditions of this Bond, subject to the applicable Limit of Liability.

#### SECTION 8. SALVAGE
If
any recovery is made, whether by the Insured