Acquisition Fund and Account Control Agreement Sample Contracts

ACQUISITION FUND AND ACCOUNT CONTROL AGREEMENT
Acquisition Fund and Account Control Agreement • May 23rd, 2019 • New Jersey

, 20 , by and among , a [corporation] [limited liability company] (together with its successors and assigns, hereinafter referred to as “Lessor”), the New Jersey Educational Facilities Authority (“Lessee”), a body corporate and politic of the State of New Jersey established pursuant to the New Jersey Educational Facilities Authority Law, Public Laws of 1967, Chapter 271, N.J.S.A. 18A:72A-1 et seq., as amended and supplemented (the “Act”), , a public institution of higher education organized and existing under the laws of the State of New Jersey (“Sub- Lessee”) and , a [banking corporation] [national banking association] organized under the laws of the (hereinafter referred to as the “Acquisition Fund Custodian”).

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