This form creates an Area of Mutual Interest ( AMI ) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.
North Carolina Area of Mutual Interest
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Multi-State
Control #:
US-OG-695
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Word;
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FAQ
?[The] common interest rule applies as long as the parties share a common interest about a legal matter, even when the holder of the interest is a non-party or a potential co-party to prospective litigation.? First S. Bank v.
The doctrine that allows separately represented parties with common legal interests to share information with each other and their respective attorneys without destroying the attorney-client privilege. It is also known as the joint defense doctrine.
The common interest privilege is ?an extension of the attorney client privilege.? ?It serves to protect the confidentiality of communications passing from one party to the attorney for another party where a joint defense effort or strategy has been decided upon and undertaken by the parties and their respective counsel ...
For contract formation, the offer and acceptance are essential terms. The offer and acceptance form the agreement between the parties. The offer must be communicated, it must be complete and the offer must be accepted in its exact terms. Mutuality of agreement is a must.
The common interest doctrine allows for the disclosure between parties, without waiver of privileges, of communications that are protected by the attorney-client privilege or the work product doctrine, when the disclosure is necessary to accomplish the purpose for which the legal advice was sought.
The common interest doctrine allows for the disclosure between parties, without waiver of privileges, of communications that are protected by the attorney-client privilege or the work product doctrine, when the disclosure is necessary to accomplish the purpose for which the legal advice was sought.
Under the common interest doctrine, an attorney can disclose confidential information to an attorney representing a separate client without waiving the attorney-client privilege or attorney work product protection ?if (1) the disclosure relates to a common interest of the attorneys' respective clients; (2) the ...
Generally speaking, North Carolina courts recognize the common interest doctrine, which is ?an exception to the general rule that the attorney-client privilege is waived when the client discloses privileged information to a third party.? Sessions v.