Sinking Fund Depository definition

Sinking Fund Depository means Zions Bancorporation, National Association, Pittsburgh, Pennsylvania, being a bank or bank and trust company (or wholly owned subsidiary of the same) located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania. The bank will assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and will act as Paying Agent and Registrar, according to the provisions of this Debt Ordinance and the Debt Act and in compliance at all times with then-current industry standards and practices.
Sinking Fund Depository means Manufacturers and Traders Trust Company, a bank or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania, having a corporate trust office in Harrisburg, Pennsylvania. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and shall further act as Paying Agent and Registrar in respect of the Bonds,
Sinking Fund Depository means U.S. Bank National Association, a bank or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania, having its designated corporate trust office at 225 West Station Square Drive, Suite 620, Pittsburgh, Pennsylvania, 15219, or its duly appointed successors or assigns. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and shall further act as Paying Agent and Registrar in respect of the Bonds, according to the provisions of this Debt Ordinance and the Debt Act and in compliance at all times with then‑current industry standards and practices.

More Definitions of Sinking Fund Depository

Sinking Fund Depository means Manufacturers and Traders Trust Company, a bank or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania, having a corporate trust office in Harrisburg, Pennsylvania. Said bank shall assume,
Sinking Fund Depository means the bank, trust company, or a bank and trust company, located and lawfully conducting business in Pennsylvania, appointed by a Local Government Unit to maintain the bank account, or sinking fund, to receive payments for debt incurred pursuant to the Debt Act.
Sinking Fund Depository means U.S. Bank National Association, Pittsburgh, Pennsylvania, a bank or bank and trust company which has an office located in and lawfully conducts a banking or trust business
Sinking Fund Depository means U.S. Bank National Association, Pittsburgh, Pennsylvania, a bank or bank and trust company which has an office located in and lawfully conducts a banking or trust business in the Commonwealth of Pennsylvania. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and shall
Sinking Fund Depository means U.S. Bank Trust Company, National Association, a bank or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania, having its designated corporate trust office in Pittsburgh, Pennsylvania, or it’s duly appointed successors or assigns. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and shall further act as Paying Agent and Registrar in respect of the Bonds, according to the provisions of this Debt Ordinance and the Debt Act and in compliance at all times with then‑current industry standards and practices. Notwithstanding the foregoing, in the event the payment of the Bonds has been insured by a duly issued and outstanding Bond Insurance Policy, such Sinking Fund Depository shall be, and remain at all times, acceptable to the Insurer, who shall be empowered to request of the Local Government Unit the appointment of a successor for cause shown.
Sinking Fund Depository means The Bank of New York Mellon Trust Company, N.A., a bank or bank and trust company located and lawfully conducting a banking or trust business in the Commonwealth of Pennsylvania, having its designated corporate trust office at Suite 3800, 525 William Penn Way, Pittsburgh, Pennsylvania 15219, or its duly appointed successors or assigns. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Ordinance or contained in the Debt Act, and shall further act as Paying Agent
Sinking Fund Depository means Manufacturers and Traders Trust Company a New York state chartered bank with trust powers, having a corporate trust office in Harrisburg, Pennsylvania. Said bank shall assume, undertake and perform the duties of the Sinking Fund Depository specified by this Debt Resolution or contained in the Debt Act, and shall further act as Paying Agent and Registrar in respect of the Bonds, according to the provisions of this Debt Resolution and the Debt Act and in compliance at all times with then-current industry standards and practices.