Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 55

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 55
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 event later than five (5) days after becoming aware, that any of the foregoing
representations and warranties are no longer true.

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15. Governing Law

This Agreement will be governed by, construed under
and interpreted and enforced in accordance with the laws of the state of New York, without regard to principles of conflicts of laws.

16. Severability

If any provision of this Agreement is held or made
invalid by a court decision, statute, rule, or otherwise, the remainder of this Agreement will not be affected as a result. As used in
this Agreement, terms will have the same meaning as such terms have in the 1940 Act. In the event that the effect of a requirement of
the federal securities laws reflected in any provision of this Agreement is made less restrictive by a rule, regulation or order of the
SEC, whether of special or general application, such provision may be deemed to incorporate the effect of such rule, regulation or order.
This Agreement may be signed in counterpart.

17. Definitions

The terms “assignment,” “affiliated
person,” and “interested person,” when used in this Agreement, will have the respective meanings specified in Section
2(a) of the 1940 Act and the rules under the 1940 Act. The term “majority of the outstanding shares” as used in this Agreement
means the lesser of (a) sixty-seven percent (67%) or more of the voting shares present at a meeting if more than fifty percent (50%) of
these voting shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding voting shares.

18. Limitation of Liability of the Fund and the Shareholders

None of the Trustees, officers, agents or shareholders
of the Fund will be personally liable under this Agreement. The name “NXG Cushing Midstream Energy Fund” is the designation
of the Fund for the time being under the Amended and Restated Agreement and Declaration of Trust and all persons dealing with the Fund
must look solely to the property of the Fund for the enforcement of any claims against the Fund, as none of the Trustees, officers, agents
or shareholders assume any personal liability for obligations entered into on behalf of the Fund.

19. Use of Name

The Fund may use any name that includes the word “Cushing”
or “Swank” only for so long as this Agreement or any other agreement between the Investment Adviser or any other affiliate
of the Investment Advis