Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 48

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 48
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 Adviser will certify quarterly to the Fund that it and its “Advisory Persons” (as
defined in Rule 17j-1 under the 1940 Act) have complied materially with the requirements of Rule 17j-1 during the previous quarter or,
if not, explain what the Investment Adviser has done to seek to ensure such compliance in the future. The Investment Adviser will annually
furnish to the Fund a written report, which complies with the requirements of Rule 17j-1, concerning the Investment Adviser’s Code
of Ethics. Upon written request of the Fund with respect to violations of the Code of Ethics directly affecting the Fund, the Investment
Adviser will permit representatives of the Fund to examine reports (or summaries of the reports) required to be made by Rule 17j-1(d)(1)
relating to enforcement of the Code of Ethics.

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(b) The Investment Adviser will provide the Fund with
any information reasonably requested regarding the Investment Adviser’s management of the Fund required for any shareholder report
or amended registration statement to be filed by the Fund with the SEC.

(c) The Investment Adviser will notify the Fund of
any additional, removed or substituted general partner of the Investment Adviser within a reasonable time of such addition, removal or
substitution.

4. Standard of Care

The Investment Adviser will exercise its best judgment,
act in good faith, use reasonable care and act in a manner consistent with applicable federal and state laws and regulations in rendering
the services it agrees to provide under this Agreement. The Investment Adviser will not be liable for any error of judgment or mistake
of law or for any loss arising out of any investment or for any act or omission in the management of the Fund, except for willful misfeasance,
bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties under
this Agreement. As used in this Section 4, the term “Investment Adviser” will include any affiliates of the Investment Adviser
performing services for the Fund contemplated by this Agreement and principals, officers and employees of the Investment Adviser and of
such affiliates.

5. Investment Adviser’s Duties Regarding Fund Transactions

(a) . The Investment Adviser
will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders
for the purchase or sale of securities or other investments for