Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 10

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 10
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 of loss covered by this bond, in the aggregate of:

| (a) | the “net worth” of the Insured, which for the purposes of this bond, shall be deemed to be                                                   
 the excess of its total assets over its total liabilities, without adjustment to give effect to loss covered by this bond, (except that      
 credit balances and equities in proprietary accounts of the Insured, which shall include capital accounts of partners, investment and        
 trading accounts of the Insured, participations of the Insured in joint accounts, and accounts of partners which are covered by agreements   
 providing for the inclusion of equities therein as partnership property, shall not be considered as liabilities) with securities, spot       
 commodities, commodity future contracts in such proprietary accounts and all other assets marked to market or fair value and with adjustment 
 for profits and losses at the market of contractual commitments for such proprietary accounts of the Insured; and                            |

| (b) | the value of all other Money, securities and property belonging to such general partner(s), or in which                                
 such general partner(s) have a pecuniary interest, held by or in the custody of and legally available to the Insured as setoff against 
 loss covered by this bond;                                                                                                             |

provided, however, that if such “net worth” adjusted to give effect to loss covered by this bond and such value of all other Money, securities and property as set forth in (g)(1)(b) preceding, plus the amount of coverage afforded by this bond on account of such loss, is not sufficient to enable the Insured to meet its obligations, including its obligations to its partners other than to such general partner(s), then the Financial Interest in the Insured, as above defined, of such general partner(s) shall be reduced in an amount necessary, or eliminated if need be, in order to enable the Insured upon payment of loss under this bond to meet such obligations, to the extent that such payment will enable the Insured to meet such obligations, without any benefit accruing to such general partner(s) from such payment; and

| Class Code: 2-14057 
 TSB 5062b 1087      | Copyright, The Surety Association of America, 1987 | Page 4 of 7 |

(2) as respects limited partners the value of such limited partner’s(’) investment in the Insured. (h) Forgery means the signing of the name of another person or organization with intent to deceive; it