This is a Preferential Right to Purchase Production form. The assignor reserves the right at any time and from time to time to purchase or designate a purchaser for all of assignees oil and other liquid hydrocarbons produced and saved from the interests in the lands and leases that are the subject of this assignment.
Texas Preferential Right to Purchase Production
Category:
State:
Multi-State
Control #:
US-OG-505
Format:
Word;
Rich Text
Instant download
Description
How to fill out Preferential Right To Purchase Production?
You can spend time on the Internet trying to find the legal record design that fits the state and federal demands you want. US Legal Forms supplies thousands of legal varieties that happen to be analyzed by experts. You can easily down load or printing the Texas Preferential Right to Purchase Production from our assistance.
If you already possess a US Legal Forms profile, you can log in and then click the Acquire option. Afterward, you can full, revise, printing, or indicator the Texas Preferential Right to Purchase Production. Every legal record design you get is the one you have eternally. To obtain an additional copy of any obtained type, check out the My Forms tab and then click the related option.
If you work with the US Legal Forms site initially, follow the easy instructions below:
- Very first, be sure that you have chosen the proper record design to the state/area of your liking. Browse the type outline to ensure you have picked out the proper type. If offered, take advantage of the Preview option to search throughout the record design at the same time.
- If you want to find an additional edition in the type, take advantage of the Research discipline to discover the design that suits you and demands.
- Once you have found the design you would like, just click Acquire now to proceed.
- Select the prices program you would like, enter your accreditations, and register for a merchant account on US Legal Forms.
- Total the purchase. You can utilize your credit card or PayPal profile to cover the legal type.
- Select the file format in the record and down load it for your product.
- Make adjustments for your record if needed. You can full, revise and indicator and printing Texas Preferential Right to Purchase Production.
Acquire and printing thousands of record themes while using US Legal Forms site, that provides the largest selection of legal varieties. Use expert and express-certain themes to take on your organization or individual demands.
Form popularity
FAQ
Oil and gas lessees retain royalties on all production from their lease. The mineral rights owners receive a royalty interest since drilling and production costs are not deducted from it. Most oil and gas royalty interests are expressed as fractions or percentages.
The Preferential Right to Lease is not a ?right of first offer?, but rather (absent a prospect for the space, as to which the Right of First Refusal provisions shall apply) the right on the part of Tenant to give written notice to Landlord of its desire to lease additional space on the eighth (8th) floor of the ... Preferential Right to Lease Sample Clauses - Law Insider lawinsider.com ? clause ? preferential-right-t... lawinsider.com ? clause ? preferential-right-t...
Preferential right clauses providing that the holder shall have the right to purchase at the same price set in a bona fide third party offer are held to meet this standard.
A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.
The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party. preferential right to purchase - The SLB Energy Glossary slb.com ? Terms ? preferential_right_to_... slb.com ? Terms ? preferential_right_to_...
A right of first refusal (sometimes also referred to as a "preferential right") consists of a contractual clause stipulating that, when the franchisee receives an offer that she/he wishes to accept for the sale of its franchised business or an interest therein, she/he must first submit it to the franchisor who, within ... The role and importance of a first refusal provision in a franchise ... lexology.com ? library ? detail lexology.com ? library ? detail
