Alabama Waiver of Preferential Right to Purchase

State:
Multi-State
Control #:
US-OG-569
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Waiver of Preferential Right to Purchase.

How to fill out Waiver Of Preferential Right To Purchase?

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FAQ

An oil or gas lease is a legal document where a landowner grants an individual or company the right to extract oil or gas from beneath the landowner's property. Courts generally find leases to be legally binding, so it is very important that you understand all the terms of a lease before you sign it.

Both 503 and 503A protect "confidential communications." Rule 503(a)(3) states "[a] communication is 'confidential' if not intended to be disclosed to third persons other than those present to further the interest of the patient in the consultation, examination, or interview, or persons reasonably necessary for the ...

A preferential right is where the Government has this power to give preference to a particular applicant in cases where there are multiple applicants for a specific mining lease.

A clause in an oil & gas lease that allows a lessee to keep the lease in effect past the primary term by substituting payment of shut-in royalty for actual production.

The work-product doctrine protects documents prepared for a potential lawsuit, especially if they contain the company attorney's thoughts and opinions as Alabama's Rules of Civil Procedure state.

Preferential Purchase Rights means rights of any Person (other than rights of condemnation, eminent domain, or other similar rights of any Person) to purchase or acquire any interest in any of the Purchased Assets, including rights that are conditional upon a sale of any Purchased Assets or any other event or condition ...

1. n. [Oil and Gas Business] The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party.

Waiver of privilege by voluntary disclosure. (a) Generally. A person upon whom these rules confer a privilege against disclosure waives the privilege if the person or the person's predecessor while holder of the privilege voluntarily discloses or consents to disclosure of any significant part of the privileged matter.

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Alabama Waiver of Preferential Right to Purchase