Common use of The Escrow Agent Clause in Contracts

The Escrow Agent. will promptly collect the principal, interest or profit from the Government Securities and promptly apply the same as necessary to the payment of principal and interest on the Refunded Bonds upon redemption prior to maturity as herein provided.

Appears in 1 contract

Samples: Escrow Agreement

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The Escrow Agent. will promptly collect the principal, interest or profit from the Government Securities and promptly apply the same as necessary to the payment of principal of and interest on the Refunded Bonds upon redemption prior to maturity when due and on the Redemption Date as herein provided.

Appears in 1 contract

Samples: Escrow Agreement

The Escrow Agent. will promptly collect the principal, interest or profit from the Government Securities and promptly apply the same as necessary to the payment of principal and interest on the Refunded Bonds Certificate upon redemption prior to maturity as herein provided.

Appears in 1 contract

Samples: Escrow Agreement

The Escrow Agent. will promptly collect the principal, interest or profit from the Government Securities and promptly apply the same as necessary to the payment of principal and interest on of the Refunded Bonds upon redemption prior to maturity and the interest on the Bonds (to the extent of the Escrowed Interest Requirements) as herein provided.

Appears in 1 contract

Samples: Escrow Agreement

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The Escrow Agent. will promptly collect the principal, interest or profit from the Government Securities and promptly apply the same as necessary to the payment of principal and interest on the Refunded Defeased Bonds when due and upon redemption prior to maturity as herein provided.

Appears in 1 contract

Samples: Escrow Agreement

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