Common use of Moneys Held by the Fiscal Agent Clause in Contracts

Moneys Held by the Fiscal Agent. Moneys held by the Fiscal Agent hereunder need not be segregated from other funds except to the extent required by law. The Fiscal Agent shall be under no liability for interest on any moneys received by it hereunder except as otherwise provided herein.

Appears in 2 contracts

Sources: Funding Loan Agreement, Funding Loan Agreement