This form is used when Assignor transfers, assigns and conveys to Assignee an overriding royalty interest in all of the oil, gas, and other minerals produced, saved, and marketed from all of the Lands and Leases equal to a determined amount (the Override).
Alaska Assignment of Overriding Royalty Interest in Multiple Assignors is a legal document used to transfer the rights and interests in an overriding royalty interest (ORRIS) from multiple assignors to another party in the state of Alaska. An overriding royalty interest is a share of revenue or production from an oil and gas lease or mining operation. This type of assignment allows for multiple parties to collectively sell or transfer their ORRIS to a single assignee. The assignment document contains detailed information about the parties involved, the properties subject to the assignment, the assigned ORRIS, and the terms and conditions of the transfer. Keywords: Alaska, assignment, overriding royalty interest, multiple assignors, oil and gas lease, mining operation, transfer, assignee, properties, terms and conditions. There are no specific types mentioned in the provided information, but variations of Alaska Assignment of Overriding Royalty Interest in Multiple Assignors may exist based on the specific terms and conditions agreed upon by the parties involved.Alaska Assignment of Overriding Royalty Interest in Multiple Assignors is a legal document used to transfer the rights and interests in an overriding royalty interest (ORRIS) from multiple assignors to another party in the state of Alaska. An overriding royalty interest is a share of revenue or production from an oil and gas lease or mining operation. This type of assignment allows for multiple parties to collectively sell or transfer their ORRIS to a single assignee. The assignment document contains detailed information about the parties involved, the properties subject to the assignment, the assigned ORRIS, and the terms and conditions of the transfer. Keywords: Alaska, assignment, overriding royalty interest, multiple assignors, oil and gas lease, mining operation, transfer, assignee, properties, terms and conditions. There are no specific types mentioned in the provided information, but variations of Alaska Assignment of Overriding Royalty Interest in Multiple Assignors may exist based on the specific terms and conditions agreed upon by the parties involved.