Funds held on trust. You agree that the Funds remain the property of Us, and are held on trust by You on behalf and for the benefit of Us, until the Services are delivered to the reasonable satisfaction of Us. For the avoidance of doubt, Funds do not need to be placed in a trust account.
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Samples: dcj.nsw.gov.au, dcj.nsw.gov.au, dcj.nsw.gov.au
Funds held on trust. You agree that the Funds remain the property of Us, Us and are held on trust by You on behalf and for the benefit of Us, Us until the Services are delivered to the reasonable satisfaction of Us. For the avoidance of doubt, Funds do not need to be placed in a trust account.
Appears in 1 contract
Samples: dcj.nsw.gov.au
Funds held on trust. You agree that the Funds remain the property of Us, and are held on trust by You on behalf and for the benefit of Us, until the Services are delivered to the reasonable satisfaction of Us. For the Version 10/2019 Agreement for Funding of Services - Schedule 21 avoidance of doubt, Funds do not need to be placed in a trust account.
Appears in 1 contract
Samples: dcj.nsw.gov.au
