Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 32

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 32
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 the two methods described above is used,
issuance and delivery of the Common Shares subscribed for are contingent upon actual payment for such Common Shares. No certificates will
be issued or delivered with respect to Common Shares issued and sold in the Offer.

Rights holders who have exercised their Rights will
have no right to rescind their subscription after receipt of the completed subscription certificate together with payment for Common Shares
subscribed for by the Subscription Agent, except as described under “—Notice of Net Asset Value Decline” below.

If a Rights holder who acquires Common Shares during
the subscription period or pursuant to the over-subscription privilege (for Record Date Shareholders) does not make payment of any amounts
due by the Expiration Date, the Fund reserves the right to take any or all of the following actions through all appropriate means: (i)
find other Record Date Shareholders for the subscribed and unpaid-for Common Shares; (ii) apply any payment actually received by the Fund
toward the purchase of the greatest whole number of Common Shares that could be acquired by the Rights holder upon exercise of such Rights
acquired during the subscription period or pursuant to the over-subscription privilege; and/or (iii) exercise any and all other rights
or remedies to which the Fund may be entitled, including, without limitation, the right to set off against payments actually received
by it with respect to such subscribed Common Shares.

The method of delivery of completed subscription certificates
and payment of the Subscription Price to the Subscription Agent will be at the election and risk of exercising Rights holders, but if
sent by mail it is recommended that such forms and payments be sent by registered mail, properly insured, with return receipt requested,
and that a sufficient number of days be allowed to ensure delivery to the Subscription Agent and clearance of payment by 5:00 p.m.,
Eastern time, on the Expiration Date. Because uncertified personal checks may take at least five business days to clear, exercising Rights
holders are strongly urged to pay, or arrange for payment, by means of certified or cashier’s check with the Right holder’s
name and Subscription Agent account number identified on the check.

| S-19 |

All questions concerning the timeliness, validity,
form and eligibility of any exercise of Rights will be determined by the Fund, which determinations will be final and binding. The Fund,
in its sole discretion, may waive any defect or irregularity, or permit a defect or irregularity to be corrected within such time as it
may determine, or reject the