A Vermont Assignment and Bill of Sale of Gathering Systems for Undivided Interests in Multiple Gathering Systems is a legal document used to transfer ownership rights of gathering systems from one party to another in the state of Vermont. Gathering systems are networks of pipelines or infrastructure used to gather and transport natural gas, oil, or other substances from different sources to processing facilities. This document serves as evidence of the transfer of ownership and outlines the terms and conditions agreed upon by both the assignor (seller) and assignee (buyer). It includes crucial details such as the identification of the gathering systems being transferred, the consideration or purchase price, any warranties or representations made by the seller, and the date of the transfer. Keywords: 1. Vermont Assignment and Bill of Sale: This refers to the specific legal document used in the state of Vermont to transfer ownership rights and bill of sale for gathering systems. 2. Gathering Systems: These are the networks of pipelines or infrastructure used to gather and transport resources like natural gas or oil. 3. Undivided Interests: Refers to the ownership shares that are not divided into smaller portions, meaning each party has an undivided interest in the gathering systems. 4. Transfer of Ownership: The act of passing the ownership rights from the seller to the buyer. 5. Purchase Price: The agreed-upon consideration, usually a monetary value, for the transfer of ownership rights. 6. Warranties and Representations: Any guarantees or assurances made by the seller regarding the condition, ownership, or legality of the gathering systems being transferred. 7. Seller: The current owner of the gathering systems who is selling their undivided interests. 8. Buyer: The party acquiring the undivided interests in the gathering systems by purchasing them from the seller. Different types of Vermont Assignment and Bill of Sale of Gathering Systems for Undivided Interests in Multiple Gathering Systems may include variations based on specific situations or preferences. For example: — Assignment and Bill of Sale of Gathering Systems for Oil Interests: This type of document specifically deals with the transfer of undivided interests in gathering systems used for oil transportation. — Assignment and Bill of Sale of Gathering Systems for Natural Gas Interests: Similar to the above, this type focuses on the transfer of undivided interests in gathering systems used specifically for natural gas transportation. — Assignment and Bill of Sale of Gathering Systems for Mixed Interests: This refers to the transfer of ownership rights for gathering systems that are used for transporting multiple substances, such as both oil and natural gas. — Assignment and Bill of Sale of Gathering Systems in Specific Locations: In some cases, the assignment and bill of sale may be location-specific, meaning it pertains only to gathering systems situated in certain areas, such as counties or municipalities within Vermont.