Series 2019b Escrow Deposit Agreement Sample Contracts

SERIES 2019B ESCROW DEPOSIT AGREEMENT
Series 2019b Escrow Deposit Agreement • June 13th, 2019 • Florida

made and entered into as of [CLOSING DATE], by and between THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA (the “School Board”), acting as the governing body of the School District of Broward County, Florida (the “District”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association duly organized and existing under the laws of the United States of America and having corporate trust offices in Miami, Florida, as escrow agent (the “Escrow Agent”). Any capitalized term used herein but not otherwise defined, shall have the meaning assigned thereto in the Master Trust Agreement dated as of July 1, 1990, as amended (the “Master Trust Agreement”), as supplemented by a Series 2019B Supplemental Trust Agreement dated as of [DOCUMENT DATE] (collectively with the Master Trust Agreement, the “Series 2019B Trust Agreement”), each between the Broward School Board Leasing Corp. (the “Corporation”) and U.S. Bank National Association (successor in interest to First Union National Bank of Florida)

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