Delaware Assignment of Operating Rights Interests

State:
Multi-State
Control #:
US-OG-517
Format:
Word; 
Rich Text
Instant download

Description

This form provides for assignments of operating rights interests in oil, gas or mineral dealings.

How to fill out Assignment Of Operating Rights Interests?

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FAQ

(5) An assignment of ?the contract? or of ?all my rights under the contract? or an assignment in similar general terms is an assignment of rights and unless the language or the circumstances (as in an assignment for security) indicate the contrary, it is a delegation of performance of the duties of the assignor and its ...

Insolvency, Subchapter VI. Voluntary Assignments. A Delaware Assignment for the Benefit of Creditors (ABC) is a legal process in which a debtor assigns all of its assets to an independent third party, called an assignee, for the purpose of liquidating the assets and paying off the creditors.

For example, Delaware Code, Title 19, Section 805 provides:Any provision in an employment agreement which provides that the employee shall assign or offer to assign any of the employee's rights in an invention to the employee's employer shall not apply to an invention that the employee developed entirely on the ...

(10) ?Limited liability company interest? means a member's share of the profits and losses of a limited liability company and a member's right to receive distributions of the limited liability company's assets.

In every case in which any person makes a voluntary assignment of his or her estate, real or personal, or of any part thereof to any other person in trust for his or her creditors or some of them, the assignee, within 30 days after the execution thereof, shall file in the office of the Register in Chancery of the ...

§§ 18-702. Assignment of limited liability company interest. (a) A limited liability company interest is assignable in whole or in part except as provided in a limited liability company agreement.

Section 18-502(b) provides that unless the LLC agreement provides otherwise: [A] member is obligated to a limited liability company to perform any promise to contribute cash or property or to perform services, even if the member is unable to perform because of death, disability or any other reason.

§ 280. Notice to claimants; filing of claims. f. The aggregate amount, on an annual basis, of all distributions made by the corporation to its stockholders for each of the 3 years prior to the date the corporation dissolved.

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Delaware Assignment of Operating Rights Interests