Trust Funds, Escrow Accounts, or State Treasury Accounts Sample Clauses

Trust Funds, Escrow Accounts, or State Treasury Accounts. Quarterly payments from the Permittees of each state may be made, and are effective when made, by deposits to a Trust Fund, Escrow Account, or State Treasury Account held by a trustee, escrow agent, or state treasurer and available for withdrawal by or payment to Reclamation pursuant to a trust or escrow agreement or other similar agreement among the Permittees of that state. Except as provided in section 7.5.1(C) of this Agreement, investment earnings on such amounts until withdrawn are not the property of Reclamation and shall be for the benefit of the Permittees of that state as they may agree.
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Related to Trust Funds, Escrow Accounts, or State Treasury Accounts

  • Escrow Accounts Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement.

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