Common use of Money Held by County Clause in Contracts

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest and ___________ funds and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principal, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest and ___________ funds sinking fund and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principalprincipal of, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest and ___________ funds and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer and pursuant to the Investment Management Agreement, incorporated herein, prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principalprincipal of, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest and ___________ funds Debt Service Fund and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principal, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest debt service and ___________ building funds and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer and pursuant to the Investment Management Agreement, incorporated herein, prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principal, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.

Money Held by County. Money held by the County hereunder need not be segregated from other funds. Money held hereunder will be deposited in the District’s interest debt service fund and ___________ funds building fund and invested in the County investment pool and invested by the County Treasurer pursuant to its duties as Treasurer and pursuant to the Investment Management Agreement, incorporated herein, prior to the principal and interest payment dates of the Bonds and the District is entitled to receive interest earnings on such funds. Any money deposited with or otherwise held by the County for the payment of the principalprincipal of, redemption premium (if any), or interest on any Bond and remaining unclaimed for one year after such deposit will be paid by the County to the District, and the District and the County agree that the Registered Owner of such Bond shall thereafter look only to the District for payment thereof, and that all liability of the County with respect to such moneys shall thereupon cease.