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Res 2000-136
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Res 2000-136
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7/24/2006 10:42:47 AM
Creation date
7/24/2006 10:42:00 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2000-136
Date
7/10/2000
Volume Book
141
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<br />First Southwest Asset Management, Inc. <br />1700 Pacific Avenue, Suite 1300 <br />Dallas, TX 75201-4652 <br />Telephone: 1-888-839-7665 or (214) 953-4064 <br />FAX No.: (214) 953-8777 <br /> <br />The Participant and the Trust Company agree to notify the other of any change affecting this information <br />and agree that unless and until so notified, the other party shall be entitled to rely on the last information <br />provided. <br /> <br />Section 6.02. Taxpayer Identification Number. The Participant's taxpayer identification number assigned by <br />the Internal Revenue Service is: 74- 6 002238 . The Participant hereby agrees to notify the Trust <br />Company of any change affecting this Taxpayer Identification number and agrees that unless and until so <br />notifies, the Trust Company shall be entitled to rely on same in providing any and all reports or other information <br />necessary or required by the Federal tax laws as amended from time to time. <br /> <br />Section 6.03. Severability. If any provision of this Agreement shall be held or deemed to be in fact illegal. <br />inoperative or unenforceable, the same shall not affect any other provision or provisions herein contained or <br />render the same invalid, inoperative or unenforceable to any extent whatsoever. <br /> <br />Section 6.04. Execution of Counterparts. This Agreement may be simultaneously executed in several separate <br />counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. <br /> <br />Section 6.05. Applicable Law. This Agreement shall be governed by and construed in accordance with the laws <br />of the State of Texas. Venue for any dispute under this Agreement shall be in Travis County, Texas. <br /> <br />Section 6.06. Captions. The captions or headings in this Agreement are for convenience only and in no way <br />defined, limit or describe the scope or intent of any provisions, articles or sections of this Agreement. <br /> <br />Section 6.07. Amendments. <br /> <br />(a) The Trust Company shall advise the Participant in writing of any amendments to this Agreement no less than <br />45 days prior to the effective date of such amendment. The Participant may ratify the proposed amendment <br />of this Agreement by letter to the Trust Company. In the Event the Participant elects not to ratify the <br />amendment, the Participant may terminate this Agreement in accordance with Section 6.08. In the event the <br />Participant fails to respond in writing to a notice of amendment prior to the effective date of such <br />amendment, this Agreement shall be deemed amended. <br /> <br />(b) The Trust Company may periodically revise the Operating Procedures from time to time as it deems <br />necessary for the efficient operation of TexPool. The Participant will be bound by any amendment to the <br />Operating Procedures with respect to any transaction occurring subsequent to the time such amendment takes <br />effect, provided, however, that no such amendment shall affect the Participant's right to cease to be a <br />Participant. <br /> <br />Section 6.08. Termination. This Agreement may be terminated by either party hereto, with or without cause, <br />by tendering 30 days prior written notice in the manner set forth in Section 6.01 hereof. <br /> <br />Section 6.09. Term. Unless terminated in accordance with Section 6.08, this Agreement shall be automatically <br />renewed on each anniversary date hereof. <br /> <br />Page 6 <br />
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