Construction Funds Trust Agreement Sample Contracts

CONSTRUCTION FUNDS TRUST AGREEMENT
Construction Funds Trust Agreement • September 29th, 2022 • Nevada

This CONSTRUCTION FUNDS TRUST AGREEMENT (this “Agreement”) is entered into as of [ ], 2018 and is effective as of [ ], 2018 (the “Effective Date”), by and among (i) LV STADIUM EVENTS COMPANY, LLC, a Nevada limited liability company (“StadCo”), (ii) CLARK COUNTY STADIUM AUTHORITY, a corporate and politic body and political subdivision of Clark County, Nevada (the “Authority”), and (iii) U.S. BANK NATIONAL ASSOCIATION, a national banking association, not individually but solely as trustee hereunder (together with its successors and assigns in such capacity, the “Trustee”) (each a “Party” and collectively, the “Parties”).

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