Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 21

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 21
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 or the messenger conveying the Property involved.

<div align='center'>OWNERSHIP</div>

Section 10. This bond shall
apply to loss of Property (1) owned by the Insured, (2) held by the Insured in any capacity, or (3) for which the Insured is legally liable.
This bond shall be for the sole use and benefit of the Insured named in the Declarations.

<div align='center'>DEDUCTIBLE AMOUNT</div>

Section 11. The Underwriter
shall be liable hereunder only for the amount by which any single loss, as defined in Section 4, exceeds the Single Loss Deductible amount
for the Insuring Agreement or Coverage applicable to such loss, subject to the Aggregate Limit of Liability and the applicable Single
Loss Limit of Liability.

The Insured shall, in the
time and in the manner prescribed in this bond, give the Underwriter notice of any loss of the kind covered by the terms of this bond,
whether or not the Underwriter is liable therefor, and upon the request of the Underwriter shall file with it a brief statement giving
the particulars concerning such loss.

<div align='center'>TERMINATION OR CANCELATION</div>

Section 12. This bond terminates
as an entirety upon occurrence of any of the following:—(a) 60 days after the receipt by the Insured of a written notice from the
Underwriter of its desire to cancel this bond, or (b) immediately upon the receipt by the Underwriter of a written notice from the Insured
of its desire to cancel this bond, or (c) immediately upon the taking over of the Insured by a receiver or other liquidator or by State
or Federal officials, or (d) immediately upon the taking over of the Insured by another institution, or (e) immediately upon exhaustion
of the Aggregate Limit of Liability, or (f) immediately upon expiration of the Bond Period as set forth in Item 2 of the Declarations.

This bond terminates as to
any Employee or any partner, officer or employee of any Processor—(a) as soon as any Insured, or any director or officer not in
collusion with such person, learns of any dishonest or fraudulent act committed by such person at any time, whether in the employment
of the Insured or otherwise, whether or not of the type covered under Insuring Agreement (A), against the Insured or any other person
or entity, without prejudice to