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Nevada Assignment and Bill of Sale for all of Assignor's Interest in Multiple Producing Leases

State:
Multi-State
Control #:
US-OG-257
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignor sells, assigns, and conveys to assignee, all of Assignor's rights, title, and interests in Oil and Gas Leases. This Assignment and Bill of Sale covers and includes all of Assignor's interest in all equipment, personal property, and fixtures located on the lands subject to the Leases.

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FAQ

Wellbore. An assignment can be limited to the wellbore of a well. A wellbore limitation means that the assignor is assigning only those rights to production from the wellbore of a certain well, arguably at the total depth it existed at the time of the assignment.

Hear this out loud PauseAn assignee is a person, company, or entity who receives the transfer of property, title, or rights from a contract. The assignee receives the transfer from the assignor. An assignee may be the recipient of an assignment, a liability, or appointed to act in the stead of another person or entity.

Hear this out loud PauseAssign is the act of transferring rights, property, or other benefits to another party (the assignee) from the party who holds such benefits under contract (the assignor). This concept is used in both contract and property law.

Hear this out loud PauseThe assignor transfers to the assignee. For example, a party (the assignor) that enters into a contract to sell a piece of property can assign the proceeds or benefits of the contract to a third party (the assignee) such as a charity or a trust.

Hear this out loud PauseThe Concept of a Contract Assignment (the one who has a duty to perform) to a third person (assigneeOne to whom the right to receive benefit of a contract is passed or delivered.); the obligee then becomes an assignor.

An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.

The assignee is the party that receives the rights and obligations under the contract, but wasn't an original party to the contract. The assignor was an original party to the contract and is the party that transfers its contractual rights to another party. The other original party to the contract is the obligor.

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This form is used when an Assignor assigns, sells and conveys to an Assignee, all of the Assignor's rights, title, and interests in the Oil and Gas Leases ... This assignment is subject to the terms and conditions of the original leases, all ... INSOFAR AS AND ONLY INSOFAR AS the above described Leases 1 and 2 cover 40 ...Assignor warrants title to the 7-2 Lease, Well 7-2, and all related property as described in this Assignment by, through and under Assignor but not otherwise, ... This Assignment, Bill of Sale and Conveyance (this "Assignment") is from SANDPOINT. OPERATING, LLC, a Delaware limited liability company ("Assignor"), ... BASIC OIL AND GAS FORMS PROGRAM · Assignment (Undivided Interest in Producing Lease) · Assignment and Bill of Sale (To Life Tenant and Remainderman) · Assignment ... ... the Purchase Agreement, Assignor's interest in the Assigned. Property is conveyed to, and accepted by, Assignee "AS IS, WHERE IS, WITH ALL FAULTS," with no ... Description. Assignor's right, title and interest in and to that certain Land Sale Contract. Related products. ASSIGNMENT OF LEASE. $5.00 ... NRS 104.4504 Privilege of presenting bank to deal with goods; security interest for expenses. ARTICLE 5. LETTERS OF CREDIT. NRS 104.5101 Short title. NRS ... Add a document. Click on New Document and select the file importing option: add Assignment and Bill of Sale for all Assignor's Interest in Multiple Producing ... insurance on the form issued in the State of Nevada, insuring Buyer's interest in the Real ... all of Assignor's right, title and interest in, to and under the.

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Nevada Assignment and Bill of Sale for all of Assignor's Interest in Multiple Producing Leases