MASTER LOAN AND TRUST AGREEMENT among BUSINESS FINANCE AUTHORITY OF THE STATE OF NEW HAMPSHIRE and PENNICHUCK WATER WORKS, INC. and THE BANK OF NEW YORK TRUST COMPANY, N.A., as Trustee Business Finance Authority of the State of New Hampshire Water...Master Loan and Trust Agreement • October 25th, 2005 • Pennichuck Corp • Water supply
THIS MASTER LOAN AND TRUST AGREEMENT (this "Master Agreement") dated as of October 1, 2005 is among the BUSINESS FINANCE AUTHORITY OF THE STATE OF NEW HAMPSHIRE (the "Authority"), a body corporate and politic created under New Hampshire RSA l62-A:3, PENNICHUCK WATER WORKS, INC. (the "Borrower"), a public utility corporation organized under the laws of the State of New Hampshire, and THE BANK OF NEW YORK TRUST COMPANY, N.A. (with any successor Trustee hereunder, the "Trustee"), a national banking association, as Trustee and Paying Agent. This Agreement is a financing document combined with a security document as one instrument in accordance with the Act and, together with individual Loan Request Certificates of the Borrower (the "Loan Request Certificates," and, in each instance collectively with the Master Agreement, this "Agreement") respectively relating to each subseries of the Bonds, provides for the following transactions:
