This form is used when the Lessor is the owner of an undivided interest in and to the oil, gas, and other minerals, subject to a Lease designates another bank, its successors or assigns, instead of the depository bank named in the Lease or in any other agreement prior to this Agreement, as the Depository for any rentals and shut-in gas well royalties payable under the terms of the Lease.
The Killeen Texas Change of Depository Agreement is a legal document that outlines the process of switching or transferring funds from one depository institution to another in the city of Killeen, Texas. This agreement is typically entered into by government entities, such as school districts, municipalities, or local governments, that maintain public funds. The purpose of the Killeen Texas Change of Depository Agreement is to provide a detailed framework for the transition of funds to a new depository institution. It specifies the terms and conditions under which the change will occur, including the timeline, responsibilities of each party involved, and any potential fees or charges. The agreement outlines the reasons why a change of depository institution is being pursued, such as seeking better services, higher interest rates, or improved financial stability. It ensures transparency in the process and protects the interests of both the government entity and the new depository institution. Types of Killeen Texas Change of Depository Agreements: 1. Municipal Change of Depository Agreement: This type of agreement is specific to municipal entities, such as city governments, and governs the process of transferring funds from one depository institution to another. 2. School District Change of Depository Agreement: School districts in Killeen, Texas, also utilize a specific version of the change of depository agreement that caters to their unique financial needs and responsibilities. 3. County Change of Depository Agreement: Counties within Killeen, Texas, may have their own version of the change of depository agreement that addresses the specific requirements of county governments and their public funds. 4. Special District Change of Depository Agreement: Special districts, such as water districts or hospital districts, may require a tailored change of depository agreement that aligns with their unique financial circumstances and operational considerations. In summary, the Killeen Texas Change of Depository Agreement is a vital legal document that facilitates the transition of public funds from one depository institution to another within Killeen, Texas. It ensures a smooth and transparent process while safeguarding the interests of the government entity involved. The agreement can take various forms depending on the type of entity, such as municipal, school district, county, or special district, involved in the change of depository.The Killeen Texas Change of Depository Agreement is a legal document that outlines the process of switching or transferring funds from one depository institution to another in the city of Killeen, Texas. This agreement is typically entered into by government entities, such as school districts, municipalities, or local governments, that maintain public funds. The purpose of the Killeen Texas Change of Depository Agreement is to provide a detailed framework for the transition of funds to a new depository institution. It specifies the terms and conditions under which the change will occur, including the timeline, responsibilities of each party involved, and any potential fees or charges. The agreement outlines the reasons why a change of depository institution is being pursued, such as seeking better services, higher interest rates, or improved financial stability. It ensures transparency in the process and protects the interests of both the government entity and the new depository institution. Types of Killeen Texas Change of Depository Agreements: 1. Municipal Change of Depository Agreement: This type of agreement is specific to municipal entities, such as city governments, and governs the process of transferring funds from one depository institution to another. 2. School District Change of Depository Agreement: School districts in Killeen, Texas, also utilize a specific version of the change of depository agreement that caters to their unique financial needs and responsibilities. 3. County Change of Depository Agreement: Counties within Killeen, Texas, may have their own version of the change of depository agreement that addresses the specific requirements of county governments and their public funds. 4. Special District Change of Depository Agreement: Special districts, such as water districts or hospital districts, may require a tailored change of depository agreement that aligns with their unique financial circumstances and operational considerations. In summary, the Killeen Texas Change of Depository Agreement is a vital legal document that facilitates the transition of public funds from one depository institution to another within Killeen, Texas. It ensures a smooth and transparent process while safeguarding the interests of the government entity involved. The agreement can take various forms depending on the type of entity, such as municipal, school district, county, or special district, involved in the change of depository.
