Limit on Liability. In acting under this Agreement, the Fiscal Agent is acting solely as agent of the Province and does not assume any obligation or relationship of agency or trust for or with any of the holders of the Bonds, except that all funds held by the Fiscal Agent for payment of principal or interest shall be held in trust for the registered holders of Bonds as provided in this Agreement.
Appears in 16 contracts
Samples: Fiscal Agency Agreement (Province of British Columbia), Fiscal Agency Agreement (Province of British Columbia), Fiscal Agency Agreement (Province of British Columbia)
Limit on Liability. In acting under this Agreement, the Fiscal Agent Agent, is acting solely as an agent of the Province and does not assume any obligation or relationship of agency or trust for or with any of the registered holders of the BondsNotes, except that all funds held by the Fiscal Agent for payment of principal principal, premium, if any, or interest shall be held in trust for the registered holders of Bonds the Notes as provided in this Agreement.
Appears in 2 contracts
Samples: Fiscal Agency Agreement (Ontario Province Of), Fiscal Agency Agreement (Ontario Province Of)
