Fiscal Agent Agreement definition
Examples of Fiscal Agent Agreement in a sentence
The provisions of the 2006 Fiscal Agent Agreement relating to the limitations from liability and protections afforded the 2006 Fiscal Agent and the resignation and removal of the 2006 Fiscal Agent are also incorporated in this Escrow Deposit and Trust Agreement as if set forth in full herein and shall be the procedure to be followed with respect to any resignation or removal of the Escrow Bank hereunder.
The pledge of the funds provided for under the Fiscal Agent Agreement and all other obligations of the City to the owners of the defeased Bonds shall hereafter be limited to the application of moneys in the Escrow Fund for the payment of the principal and interest with respect to the Bonds as the same become due and payable as described below.
As a result of such deposit, the Bonds are deemed to have been paid and defeased in accordance with the Fiscal Agent Agreement.
The Developer hereby consents to all of the terms and conditions contained in that certain Fiscal Agent Agreement, dated as of December 1, 2014, by and between the City and The Bank of New York Mellon Trust Company, N.A., as fiscal agent (the “Fiscal Agent”).
All of the terms of the 2006 Fiscal Agent Agreement relating to the making of payments of principal and interest with respect to the 2006 CFD Bonds are incorporated in this Escrow Deposit and Trust Agreement as if set forth in full herein.