Company: SRV
Filing Date: 2025-04-10
Form Type: N-2
Source: 0001398344-25-006954
Chunk: 103

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-04-10
Form: N-2
Chunk 103
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 and protected with regard to any act or any failure to act resulting from reliance
in good faith upon the books of account or other records of the Trust or a Series thereof, upon an opinion of counsel, or upon reports
made to the Trust or a Series thereof by any of its officers or employees or by the Investment Adviser, the Administrator, the Distributor,
the Principal Underwriter, Transfer Agent, selected dealers, accountants, appraisers or other experts or consultants selected with reasonable
care by the Trustees, officers or employees of the Trust, regardless of whether such counsel or expert may also be a Trustee.

Section 18 of the Investment
Management Agreement between Registrant and Cushing Asset Management, LP provides as follows:

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 “The Cushing® MLP & Infrastructure Total Return 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.

<div align='center'>C-5</div>

Insofar as indemnification for
liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant
to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer
or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer
or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

Item 31. Business and Other Connections of the Advisor