Louisiana Delay Rental Payment Agreement Directing Payment to An Agent

State:
Multi-State
Control #:
US-OG-625
Format:
Word; 
Rich Text
Instant download

Description

This agreement provides for owners to designate an agent to receive rentals provided for in a lease. This form may be used by related parties who wish to designate one agent to handle all rental payments and make regular disbursements.

How to fill out Delay Rental Payment Agreement Directing Payment To An Agent?

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FAQ

A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.

A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.

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Louisiana Delay Rental Payment Agreement Directing Payment to An Agent