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RESOLUTION NO. ___ A RESOLUTION OF BANKS SCHOOL DISTRICT NO. 13 CALLING A MEASURE ELECTION FOR GENERAL OBLIGATION BONDS AND RELATED MATTERS. WHEREAS, the Board of Directors (the Board) of Banks School
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The paying agent agreement in Albany refers to a contract between a borrower and a paying agent that outlines the responsibilities of the agent in handling payments related to bonds or other financial instruments.
Typically, issuers of bonds or other debt securities in Albany are required to file the paying agent agreement.
To fill out the paying agent agreement, one must provide specific details such as the names of the parties involved, the terms of the agreement, payment schedules, and any other obligations of the paying agent.
The purpose of the paying agent agreement is to ensure that there is a clear understanding of the payment process between the issuer and the paying agent, ensuring timely and accurate payments to bondholders.
Information that must be reported includes the identities of the parties, the financial instruments involved, the payment terms, and any relevant dates such as payment schedules.
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