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 Pasadena Texas Change of Depository Agreement refers to a legal document that outlines the process of changing the depository bank for funds held by a public entity in Pasadena, Texas. This agreement is typically used by local government entities, such as cities, school districts, or water utilities, to formally switch their primary banking institution for managing their public funds. The Pasadena Texas Change of Depository Agreement is an important financial document as it governs the relationship between the public entity and its depository bank, ensuring proper handling and management of funds. It provides clarity on the responsibilities, rights, and obligations of both parties involved in the banking arrangement. Keywords: Pasadena, Texas, Change of Depository Agreement, legal document, depository bank, public entity, government entity, primary banking institution, public funds, financial document, relationship, responsibilities, rights, obligations, banking arrangement. Different Types of Pasadena Texas Change of Depository Agreement: 1. City of Pasadena Change of Depository Agreement: This specific type of agreement is used when the city government of Pasadena, Texas, intends to change its depository bank. 2. Pasadena Independent School District Change of Depository Agreement: This variation of the agreement is used by the Pasadena Independent School District when switching their primary banking institution for managing their educational funds. 3. Pasadena Municipal Water District Change of Depository Agreement: The Pasadena Municipal Water District employs this type of agreement when changing its depository bank to handle the utility's financial operations. 4. Pasadena Community College Change of Depository Agreement: This particular agreement is used by Pasadena Community College to officially switch their depository bank for managing their academic funds. Keywords: Pasadena, Texas, Change of Depository Agreement, city government, Pasadena Independent School District, educational funds, Pasadena Municipal Water District, financial operations, Pasadena Community College, academic funds.The Pasadena Texas Change of Depository Agreement refers to a legal document that outlines the process of changing the depository bank for funds held by a public entity in Pasadena, Texas. This agreement is typically used by local government entities, such as cities, school districts, or water utilities, to formally switch their primary banking institution for managing their public funds. The Pasadena Texas Change of Depository Agreement is an important financial document as it governs the relationship between the public entity and its depository bank, ensuring proper handling and management of funds. It provides clarity on the responsibilities, rights, and obligations of both parties involved in the banking arrangement. Keywords: Pasadena, Texas, Change of Depository Agreement, legal document, depository bank, public entity, government entity, primary banking institution, public funds, financial document, relationship, responsibilities, rights, obligations, banking arrangement. Different Types of Pasadena Texas Change of Depository Agreement: 1. City of Pasadena Change of Depository Agreement: This specific type of agreement is used when the city government of Pasadena, Texas, intends to change its depository bank. 2. Pasadena Independent School District Change of Depository Agreement: This variation of the agreement is used by the Pasadena Independent School District when switching their primary banking institution for managing their educational funds. 3. Pasadena Municipal Water District Change of Depository Agreement: The Pasadena Municipal Water District employs this type of agreement when changing its depository bank to handle the utility's financial operations. 4. Pasadena Community College Change of Depository Agreement: This particular agreement is used by Pasadena Community College to officially switch their depository bank for managing their academic funds. Keywords: Pasadena, Texas, Change of Depository Agreement, city government, Pasadena Independent School District, educational funds, Pasadena Municipal Water District, financial operations, Pasadena Community College, academic funds.