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Common use of Unclaimed Moneys Clause in Contracts

Unclaimed Moneys. Any moneys which remain unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 (aside from unclaimed amounts in respect of the Refunded Bonds) which are in excess of the amount needed to pay holders of the Refunded Bonds payments of principal and interest and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles County, on behalf of the District, for deposit into the Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

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Unclaimed Moneys. Any moneys which remain in the Escrow Fund unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2017 (aside from unclaimed amounts in respect monies of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal of and interest on and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles Riverside County, on behalf of the District, for deposit and deposited into the Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

Unclaimed Moneys. Any moneys which remain unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) by the Escrow Agent to the District and deposited by the District in the Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2024 (aside from unclaimed amounts in respect monies of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal and interest and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles County, on behalf of the District, for deposit into District and deposited by the District in the Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

Unclaimed Moneys. Any moneys which remain in the Escrow Fund unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2015 (aside from unclaimed amounts in respect monies of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal of and interest on and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles Riverside County, on behalf of the District, for deposit and deposited into the Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

Unclaimed Moneys. Any moneys which remain unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the Debt Service Fund Funds relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2016 (aside from unclaimed amounts in respect moneys of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal principal, or accreted value, and interest and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles County, on behalf of the District, for deposit into District and deposited by the District in the Debt Service Fund Funds relating to the BondsXxxxx.

Appears in 1 contract

Samples: Escrow Agreement

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Unclaimed Moneys. Any moneys which remain unclaimed in the Escrow Fund for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the applicable Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2026 (aside from unclaimed amounts in respect monies of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal and interest principal, interest, Accreted Value and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles Mendocino County, on behalf of the District, District for deposit into the applicable Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

Unclaimed Moneys. Any moneys which remain unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability to Napa County, on behalf of the District, for interest) to the District and deposited by the District deposit in the Debt Service Fund relating to the applicable series of Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2019 (aside from unclaimed amounts in respect monies of the Refunded Bonds) which are in excess of the amount needed to pay holders owners of the Refunded Bonds payments of principal and interest and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles Napa County, on behalf of the District, for deposit into and deposited in the Debt Service Fund relating to the applicable series of Bonds.

Appears in 1 contract

Samples: Escrow Agreement

Unclaimed Moneys. Any moneys which remain in the Escrow Fund unclaimed for two years after the date such moneys have become due and payable hereunder shall be repaid by the Escrow Agent (without liability for interest) to the District and deposited by the District in the Debt Service Fund relating to the Bonds. Any moneys remaining in the Escrow Fund established hereunder after August 1, 2022 2026 (aside from unclaimed amounts in respect proceeds of the Refunded Bonds) which are in excess of the amount needed to pay holders to the owners of the Refunded Bonds Bonds, payments of principal and of, interest on, and redemption premium, if any, with respect to the Refunded Bonds or to pay any amounts owed to the Escrow Agent shall be immediately transferred by the Escrow Agent to Los Angeles County, on behalf of the District, for deposit into the Debt Service Fund relating to the Bonds.

Appears in 1 contract

Samples: Escrow Agreement

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