The Nebraska Waiver of Call on Production is a legal document that is commonly used in the oil and gas industry. This waiver allows the operator of a well or mineral rights' owner to exempt a certain amount of production from being included in the calculation of royalties or other payments. It is an agreement between the parties involved that specifies the terms and conditions under which the waiver is granted. The primary purpose of the Nebraska Waiver of Call on Production is to incentivize the development of oil and gas resources by allowing the operator to retain a larger share of the production without having to pay royalties or other financial obligations. This can be particularly beneficial in cases where the cost of production is high or the overall profitability of the operation is uncertain. There are different types of Nebraska Waivers of Call on Production. The most common ones include: 1. Temporary Waiver: This type of waiver allows the operator to temporarily exempt a certain amount of production from being subject to royalties or payments. The duration of the waiver is usually specified in the agreement and can range from a few months to a few years. 2. Partial Waiver: In some cases, the operator may only want to waive a portion of the production from being included in the calculation of royalties. This type of waiver allows the operator to retain a specific percentage or volume of production without having to make payments on it. 3. Full Waiver: A full waiver is when the operator chooses to exempt the entire production from being included in the royalty calculation. This means that the operator can retain 100% of the production without any financial obligations to the mineral rights' owner. 4. Limited-Time Waiver: In certain situations, an operator may request a waiver for a limited period of time. This could be due to specific circumstances such as the need for additional capital investment or the need to undertake certain operational activities. It is important to note that the terms and conditions of the Nebraska Waiver of Call on Production can vary based on the specific agreement between the operator and the mineral rights' owner. These waivers are typically negotiated and customized to meet the needs of both parties involved. In conclusion, the Nebraska Waiver of Call on Production is a legal document that provides operators in the oil and gas industry with the flexibility to exempt a certain amount of production from being included in royalty calculations. It incentivizes the development of resources and allows operators to retain a larger share of the production. By understanding the different types of waivers available, operators and mineral rights owners can negotiate agreements that align with their specific circumstances and objectives.
Nebraska Waiver of Call on Production
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Rule 30. Depositions by Oral Examination (a) When a Deposition May Be Taken. (1) Without Leave. A party may, by oral questions, depose any person, including a party, without leave of court except as provided in Rule 30(a)(2). The deponent's attendance may be compelled by subpoena under Rule 45.
Rule (30)(b)(6) applies to depositions of both party and nonparty corporations. For nonparty deponent corporations, the rule requires that the noticing party issue a subpoena.
An answering party may not give lack of information or knowledge as a reason for failure to admit or deny unless he or she states that he or she has made reasonable inquiry and that the information known or readily obtainable by him or her is insufficient to enable him or her to admit or deny.
Bill of exceptions; filing of request; further proceedings governed by rules of court. Upon appeal from the district court, the party appealing may order a bill of exceptions by filing in the office of the clerk of the district court a praecipe therefor within the time allowed for filing a notice of appeal.
Rule 30(b)(6) allows for depositions of corporate representatives and their testimony is binding on the company. Counsel for noticed companies should review 30(b)(6) notices carefully and object if the notice seeks out-of-bounds testimony.
Parties may obtain discovery by one or more of the following methods: depositions upon oral examination or written questions; written interrogatories; production of documents or things or permission to enter upon land or other property for inspection and other purposes; physical and mental examinations; and requests ...
Rule 30(b)(6) testimony of third-party organizations can also be used at trial, provided it is admissible under the Rules of Evidence. Testimony taken under Rule 30(b)(6) may be presented at trial through a transcript read to the trier of fact or through a recording of the deposition.
Under FRCP 30(b)(6) and ORCP 39(c)(6) (collectively ?Rule 30(b)(6)?), a party to a lawsuit has the right to issue a notice for the deposition of a ?public or private corporation, a partnership, an association, a governmental agency or other entity.? The notice must ?describe with reasonable particularity the matters ...
