This form is used when an Agent declares and acknowledges that the consideration for an Assignment should accrue to the benefit of Principal, and that Principal is the owner of the reserved interest in the Assignment. To give effect to declaration, Agent, as Assignor, grants, sells, and assigns to Principal, as Assignee, all of Agent's interest in the Lease and the interest reserved by Agent in the Assignment.
The Colorado Declaration That Oil and Gas Lease Was Acquired by Agent For Principal is a legal document that solidifies the acquisition of an oil and gas lease by an agent on behalf of their principal in the state of Colorado. This declaration serves as proof that the agent, acting on behalf of the principal, has successfully obtained the lease rights for oil and gas exploration or production in Colorado. Keywords: Colorado, Declaration, Oil and Gas Lease, Acquired, Agent, Principal Types of Colorado Declaration That Oil and Gas Lease Was Acquired by Agent For Principal: 1. Colorado Declaration of Oil and Gas Lease Acquisition: This type of declaration specifies the acquisition of a specific oil and gas lease by an agent for their principal in Colorado. It includes details such as the lease identification, effective date, terms, and conditions. 2. Colorado Declaration of Oil and Gas Lease Transfer by Agent: This declaration acknowledges the transfer of an existing oil and gas lease from one party to another, where the agent is responsible for executing the transfer on behalf of the principal. It outlines the transfer process and includes relevant details such as the transfer date, parties involved, and any associated considerations. 3. Colorado Declaration of Oil and Gas Lease Assignment by Agent: This type of declaration signifies the assignment of an oil and gas lease from one party to another. In this case, the agent acts on behalf of the principal to assign the lease, which involves transferring the lease rights and obligations to the assignee. The declaration includes information about the assignor, assignee, effective date, and any necessary terms. 4. Colorado Declaration of Oil and Gas Lease Extension by Agent: This declaration is used when the agent, on behalf of the principal, successfully negotiates an extension to an existing oil and gas lease in Colorado. It states the extension period, parties involved, lease identification, and any specific terms or conditions applicable to the extension. 5. Colorado Declaration of Oil and Gas Lease Surrender by Agent: This type of declaration formalizes the surrender of an oil and gas lease by an agent on behalf of the principal. It outlines the surrender process, effective date, parties involved, and any associated provisions or obligations upon surrender. It is crucial to consult with legal professionals or experts in the field of oil and gas law to ensure compliance with all relevant laws and regulations when drafting or executing any declaration related to oil and gas leasing in Colorado.The Colorado Declaration That Oil and Gas Lease Was Acquired by Agent For Principal is a legal document that solidifies the acquisition of an oil and gas lease by an agent on behalf of their principal in the state of Colorado. This declaration serves as proof that the agent, acting on behalf of the principal, has successfully obtained the lease rights for oil and gas exploration or production in Colorado. Keywords: Colorado, Declaration, Oil and Gas Lease, Acquired, Agent, Principal Types of Colorado Declaration That Oil and Gas Lease Was Acquired by Agent For Principal: 1. Colorado Declaration of Oil and Gas Lease Acquisition: This type of declaration specifies the acquisition of a specific oil and gas lease by an agent for their principal in Colorado. It includes details such as the lease identification, effective date, terms, and conditions. 2. Colorado Declaration of Oil and Gas Lease Transfer by Agent: This declaration acknowledges the transfer of an existing oil and gas lease from one party to another, where the agent is responsible for executing the transfer on behalf of the principal. It outlines the transfer process and includes relevant details such as the transfer date, parties involved, and any associated considerations. 3. Colorado Declaration of Oil and Gas Lease Assignment by Agent: This type of declaration signifies the assignment of an oil and gas lease from one party to another. In this case, the agent acts on behalf of the principal to assign the lease, which involves transferring the lease rights and obligations to the assignee. The declaration includes information about the assignor, assignee, effective date, and any necessary terms. 4. Colorado Declaration of Oil and Gas Lease Extension by Agent: This declaration is used when the agent, on behalf of the principal, successfully negotiates an extension to an existing oil and gas lease in Colorado. It states the extension period, parties involved, lease identification, and any specific terms or conditions applicable to the extension. 5. Colorado Declaration of Oil and Gas Lease Surrender by Agent: This type of declaration formalizes the surrender of an oil and gas lease by an agent on behalf of the principal. It outlines the surrender process, effective date, parties involved, and any associated provisions or obligations upon surrender. It is crucial to consult with legal professionals or experts in the field of oil and gas law to ensure compliance with all relevant laws and regulations when drafting or executing any declaration related to oil and gas leasing in Colorado.
