Denton County, Texas Paying Agent/Registrar Agreement 2026-05-01
Denton County selects bank as bond paying agent
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Description
Denton County, Texas is entering into a Paying Agent/Registrar Agreement with a banking institution to handle payments and registration for its Permanent Improvement Refunding Bonds, Series 2026. The Bank will be compensated under Annex A and reimbursed for reasonable expenses, with the contract’s aggregate value constrained by Texas Government Code limits and continuing until bond retirement or earlier termination with a successor agent in place.
Contract Details
Vendor
BANK
Agency
Denton County, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 1, 2026
Contract Term
Effective as of ____________, 2026, until final payment of the Series 2026 Securities or earlier termination upon 60 days written notice and appointment of a successor
Renewal Info
Agreement terminates upon final payment of principal and interest on the Series 2026 Securities or may be terminated earlier by either party with 60 days written notice, subject to prior appointment and acceptance of a successor Paying Agent/Registrar and notice to bondholders; certain indemnity and fee provisions survive termination.
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