Segregation of Funds. Monies and other property received by the Escrow Bank under this Agreement shall, until used or applied in accordance with this Agreement, be held by the Escrow Bank in trust for the purposes for which they were received, and shall be segregated from other funds and property of the Escrow Bank.
Appears in 8 contracts
Sources: Management and Operation & Maintenance Agreement, Development, Operation and Maintenance Agreement, Development, Operation and Maintenance Agreement
Segregation of Funds. Monies and other property received by the Escrow Bank under this Agreement shall, until used or applied in accordance with this Agreement, be held by the Escrow Bank in trust for the purposes for which they were received, received and shall be segregated from other funds and property of the Escrow Bank.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement