Form Corp - P06 - Deposit In Lieu Of Surety Bond Form (Page 3 of 4) in pdf

Form Corp - P06 - Deposit In Lieu Of Surety Bond Form Page 3

signature of the Commissioner or an order from a court of competent jurisdiction terminating the

Commissioner’s rights in the Deposit, Custodian may assume that this Agreement remains in effect

and that the rights of the Commissioner in the Deposit remain in existence.

7. The Custodian may rely on any and all certified notices or certified orders of the Commissioner

submitted from the Commissioner to the Custodian under this Agreement, purporting to bear the

signature of the Commissioner, without further inquiry into the authenticity of the signature or the

authority or entitlement of the Commissioner to issue such certified notices or orders.

8. All notices or orders to Custodian must be delivered by certified mail, return receipt requested or by

overnight or local delivery courier. All notices or orders provided for under this Agreement will be

deemed to be received when actually received by the addressee. All parties must promptly notify all

other parties of an address change. Notices and orders to the Custodian must be addressed as follows:

____________________________

(Custodian's Name and Address)

9. Nothing in this Agreement requires Custodian to violate any applicable laws, any court order or the

instructions of any bankruptcy trustee.

10. The Deposit is subject to Custodian’s terms and conditions of deposit accounts now in existence and

as they may be modified in the future, except to the extent that the terms and conditions are

specifically inconsistent with this Agreement.

11. Custodian is not liable for any indirect damages, lost profits, special, punitive or consequential

damages that arise out of or in connection with the obligations contemplated by this Agreement. The

provisions of this paragraph will survive termination of this Agreement.

12. This Agreement is executed in triplicate originals, one to be kept by each of the parties hereto, and

one to be kept by the Custodian.

SIGNED AND DELIVERED in triplicate this _______ day of ______________, 20____.

_____________________________

(Registrant)

By: ________________________________

(Signature)

Printed Name:________________________________

Title:________________________________

CORP – P06 [04/13]

Texas Department of Banking

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Form Corp - P06 - Deposit In Lieu Of Surety Bond Form Page 3