This form is signed by and on behalf of the Unit Operator covering lands in which a Unit was formed and established by the Unit Agreement. Pursuant to the specified Article/Section of the Agreement, the purposes for which the Unit was established are no longer in effect and the parties to the Agreement (being the original Working Interest Owners in Tracts included in the Unit, or their successors) have elected to terminate the Agreement.
The District of Columbia Certificate of Termination of Unit is an official document issued by the District of Columbia government. This certificate serves as proof that a particular unit or entity has been terminated or dissolved, and its legal existence within the district jurisdiction has come to an end. The District of Columbia Certificate of Termination of Unit is a crucial step in the process of dissolving a business entity, such as a corporation, limited liability company (LLC), partnership, or other similar organizations operating within the district. This certificate is important as it ensures that all legal obligations, outstanding debts, and other formalities associated with the dissolved entity have been properly addressed and resolved. It helps to provide clarity and finality to the dissolution process, minimizing the risk of any future legal complications or liabilities. Different types of District of Columbia Certificate of Termination of Unit may exist based on the specific type of entity being terminated. For example: 1. District of Columbia Certificate of Termination of Corporation: This type of certificate is issued when a corporation operating within the district decides to dissolve and cease its operations. It may include details such as the corporation's name, registration number, the date of termination, and any filed documentation associated with the dissolution process. 2. District of Columbia Certificate of Termination of LLC: This certificate is specifically designed for Limited Liability Companies (LCS) that are terminating their existence within the District of Columbia. It includes relevant information such as the LLC's name, formation date, termination date, registered agent details, and any required signatures. 3. District of Columbia Certificate of Termination of Partnership: This type of certificate applies to partnerships that are terminating their operations within the district. It includes essential details of the partnership, such as names of partners, effective termination date, and official signatures affirming the dissolution. In conclusion, the District of Columbia Certificate of Termination of Unit is a vital legal document that confirms the termination of a business entity within the district. Its various types, such as certificates for corporations, LCS, and partnerships, ensure compliance with the specific requirements for each entity type. Obtaining this certificate is essential to formally dissolve an organization and eliminate any ongoing legal responsibilities associated with its previous operations in the District of Columbia.
