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OTHER-2021-023 Escrow Agreement
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OTHER-2021-023 Escrow Agreement
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Last modified
8/27/2021 3:04:20 PM
Creation date
8/27/2021 3:02:52 PM
Metadata
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Template:
BOCC
Date
5/18/2021
Meeting Type
Business
Document Type
Others
Agenda Item
8-e
Document Relationships
Agenda - 05-18-2021; 8-e - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various CIP Projects and To Refinance Existing County Obligations
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
Agenda for May 18, 2021 Board Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
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(b) This Agreement may be executed in several counterparts, all or any of <br /> such may be regarded for all purposes as one original and which will constitute and <br /> be but one and the same instrument. <br /> (c) All of the County's representations, covenants and indemnifications in <br /> this Agreement will survive this Agreement's termination. <br /> (d) This Agreement will inure to the benefit of and be binding upon the <br /> parties and their respective successors and assigns. <br /> (e) The Escrow Agent may act upon any written notice, request, waiver, <br /> consent, certificate, receipt, authorization, power of attorney, or other instrument or <br /> document which the Escrow Agent in good faith believes to be genuine and to be <br /> what it purports to be. <br /> (f) Any notice, authorization, request, or demand required or permitted to <br /> be given to the County or the Escrow Agent under this Agreement must be in writing <br /> and will be deemed on the date shown on a certified mail receipt, or a delivery <br /> receipt (or similar evidence) from a national commercial package delivery service, if <br /> addressed as follows: <br /> to the County, to <br /> Orange County, North Carolina <br /> Attention: Finance Officer <br /> Re: Notice under 2021 refunding bond escrow agreement <br /> Post Office Box 8181 <br /> Hillsborough, NC 27278 <br /> to the Escrow Agent, to <br /> The Bank of New York Mellon Trust Company <br /> Attn: Corporate Trust Division - Carolinas Unit <br /> Regarding: Notice under 2021 Escrow <br /> Agreement for Orange County, North Carolina <br /> 4655 Salisbury Road, STE 300 <br /> 9 <br />
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